Medhabikash: Transforming Lives

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Their parents and peers toils as day labors, rickshaw/van pullers, farmers, garment workers, domestic helps to earn their livelihoods. The

humble income, struggle, sacrifice and profound love of their parents and guardians pave their way to secondary education and inspire them to win high academic achievements. Typically their parents and peers years of schooling ranges from 0-8 years. On an average, their parents' and peers' annual income is BDT 115,500 i.e. $1500 or less.

Whereas Medhabikash graduates’ on an average initial net annual income is BDT 360,000 ($4675.32) which is 7 times greater than the per student yearly investment i.e. BDT 53,900 ($700). These graduates’ initial net annual income is 3 times higher than their parents' and peers’ annual income (BDT 115,500 i.e. $1500 or less) who earn their livelihood through different manual works. This leap of wage earning no doubt would yield better individual and social return.

Every year a large number of invinci-ble adolescents despite their poverty and hardship did exemplary results in Secondary School Certificate (SSC) exam. Immediately after SSC results are declared, BRAC sieves out 400-500 (60% girls) indomitable souls for Medhabikash Scholarship each year through a three tier rigorous selection process. With that support they complete their post secondary education (HSC and Undergraduate).

Comparison of Year of Schooling and Monthly Income between Medhabikash graduates and Non-Medhabikash

Youth from same socio-economic background

UN Study confirmed that every 1 year schooling associated with 10% increase in the wage earnings*

*Source: UNESCO GEM Report P. 7 http://unesdoc.unesco.org/images/0019/001902/190214e.pdf

Source Sustainable Development of Low Income Countries through Investment inTertiary Education: Indicative and Strategic by Asma Banu and Others

Ripple effects of Post Secondary/Tertiary Education

Post Secondary/Tertiary Education

High Private Rate of Return(18.2%)*

High Social Rate of Return(11%)*

Multiple SDGs (SDG 1, SDG 3, SDG 4, SDG 5, SDG 8)

Higher Middle Income country

Human capital

High productivity

lower birth rate

Women empowerment

Gender equity

Sensitive and responsi-

ble citizens

Greater family and social

wellbeing

Higher income

Social status

Skills and competencies

Benefits and pensions

Life long Learning

opportunity

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*Shadut: BSc in Engineering(Civil)**Sajal: BSc in Engineering(EEE)

Note to a Potential Donor:

BRAC’s Medhabikash Udyog, is an innovative intervention where talented but disadvantaged students receive financial support to pay their college or university tuition fees both at home and abroad.

This scholarship is awarded to high achieving students who score at least 80 per cent in the Sec-ondary School Certificate (SSC) or Higher Secondary School Certificate (HSC) examination, which is equivalent to grade point average (GPA) 5 or A+. However, often due to financial constraints many of them cannot pursue their dream of higher education. For some who do, limited financial ability hinders their academic performance. Through Medhabikash Udyog BRAC provides financial sup-port to these underprivileged, but meritorious students. This monthly monetary support covers admission fees, books and other educational and daily expenses.

Financial commitment from BRAC:

For each student, at the higher secondary level, per student yearly cost for girl is BDT 43,356 ($563.06) and for boy is BDT 38,106 ($494.88). The HSC course duration is 2 years.The scholarship covers: • A monthly tuition fee: BDT 3,000 for girls and BDT 2,500 boys • English and computer training: BDT 6,000 • Progress review meeting once a year: BDT 1200 At undergraduate level per student yearly cost for girl is BDT 56,856 ($738.39) and for boy is BDT 44,856 ($582.55). The scholarship covers: • A monthly stipend: BDT 4,000 for girls and BDT 3,000 for boys • Progress review meeting once a year: BDT 2400 For both level scholarship the incurring yearly operation cost is BDT 8256

Since 2005, this scholarship initiative has directly resulted into the continued education of more than 3,500 meritorious students, who otherwise would not have the chance to continue their studies beyond secondary level.

Co-branding opportunity for Platinum partners:

Our Platinum partners will get honorary mentions during any external communications opportunities related with the initiative. Other co-branding opportunities will include: • Name partner for 5 year+ commitment to contribute to the project • Exposure of brand during any event organised by the initiative, ie reunions, training sessions • Mentions as supporters of this initiative during any media exposé

The programme also consists of specially designed training modules to develop students’ confi-dence and skills in English and computer literacy. However, we are only able to extend our support to 400 students each year. With your support, we can expand our capacity and reach thousands more with immense potential.You can trust BRAC’s existing infrastructure and robust monitoring and evaluation practices, and we will ensure that only the truly deserving candidates receive the support.

Together, we can harness a brighter future for Bangladesh.

To contribute, please contact

MedhabikashUdyogBRAC Education ProgrammeBRAC Centre (18th floor)75 Mohakhali, Dhaka 1212, Bangladeshemail: medhabikash@brac.netTel: +88 02 9881265 Ext 3410/3433

Read more about our students’ achievements:

• http://bit.ly/1aUVqwY • www.brac.net/education/rozina • www.brac.net/education/zahirul • medhabikash.brac.net

For more information please visit: education.brac.net/medhabikash

• Support one student from higher secondary to university level by donating: BDT 300,000 • Be a Silver partner of this initiative by donating: BDT 5,000,000• Be a Gold partner of this initiative by donating: BDT 10,000,000• Be a Platinum partner of this initiative by donating: BDT 15,000,000 or more