A lot has been said about education but the reality is that education has no end. Many scholars have a thirst for education but due to financial constraints, the quench for education is not attained. The coming of Fondation Euris has solved this common problem experienced by the majority of students who perform well but their families cannot fund their education. The beneficially of these scholarships are able to achieve their dreams and bring a positive impact to the country.
The Euris Fondation was established in the year 2000 by Jean-Charles Naouri who is the chair and also the Chief Executive Officer of the Euris and Groupe Casino which are among the best retail groups in France. The executive committee who determine the criteria to award the scholarship is made up of professionals.
The foundation offers financial aid to best-performing students who come from poor backgrounds. It also monitors the performance of all the laureates with an individual scholarship.
In France, 500 students in secondary schools had applied for this scholarship after completing the Baccalaure’at exams. But for one to secure the Euris scholarship the executive committee looks at the marks they achieve. One must at least get a mark of 16 and above out of 20 which is the highest honors to become one of the 20 best recipients to benefit with a 2 years higher education scholarship.
Aims of Euris foundation
To offer educational scholarships to support the less fortunate students as it’s only a low percentage that comes from good families. This leaves out a majority of students from poor backgrounds.
To change the situation that has left many opportunities to be occupied by students from abled families making the majority. This gap is mostly bigger in prestigious business schools, engineering schools, and preparatory schools.
Challenges faced in higher education
The French Universities doors are open to the general public and the selection is done later. The number of the university students admitted from the modest background is continuing to decrease as times go on.
This problem has not yet been met by the Ministry of National Education and it’s for this reason that Jean-Charles Naouri came up with this education scholarships. This move has enabled excellence to be appreciated.
Through these scholarships, the foundation promotes the values of excellence and providing an equal opportunity to all students from a low background as their education is financed. The Chief Executive Officer is a role model to all due to his academic success. Jean-Charles exceptional academic excellence paved way
for his career in the senior management public administration making him a minister. In 1987 he started Fondation Euris as he wished to give back to the society who will emulate his steps.