The objective of the FHC PEP Scholarships and the Foundation is to promote the development of the Jamaican youth in the areas of Education, Sports and Skills Training. Special emphasis will be placed on the improvement of literacy at the Primary and Secondary level.
FHC recognizes the achievement of their youth savers, by awarding their PEP recipients the FHC PEP Scholarship to assist them from 1st form up to 5th form. The objective of the scholarship aims to fulfill our mandate of giving back to our members, to encourage children to strive for excellence in academic performance and to promote a thrifty savings habit amongst young Jamaicans.
The FHC Foundation was formed to promote the development of Jamaica’s youth, in particular disadvantaged children and young people, through the FHC PEP Scholarships, other educational sponsorship, sport and community involvement, creating opportunities for growth towards the advancement of nation building.
To transform lives through the creation of opportunities for the youth of Jamaica.
The FHC PEP Scholarships Mission Statement and Vision speak to our focus on enhancing the communities in which we operate. FHC has a passion for Youth Development, particularly in the areas of education and sports and have, over the years, been making significant contributions by way of cash and kind to these causes. Our mandate has therefore propelled us to form the FHC Foundation which was established to:
- Promote the development of Jamaican youth through the FHC PEP Scholarships and other grants, in particular disadvantaged children and young people in primary, secondary and tertiary schools through education and sports.
- To promote and facilitate programmes which assist young people in improving their capabilities through skills training and to facilitate them in creating and pursuing economic opportunities to better their lives.
Other FHC Foundation Scholarships:
FHC Entrepreneur Awards
The FHC Group through its Foundation provides an Entrepreneurs’ Award which is to encourage entrepreneurship among our young generation. Each grant is valued at $500,000.00.
Generally, any business plan requiring start-up capital above $500,000 will not be considered. However, if the business is deemed to be feasible, the plan may be considered and the beneficiary would be introduced to additional financing after the approved business has started.
This is in addition to other loans that would be available to each awardee as a member of the Credit Union. Top-achieving students from all faculties of recognized tertiary institutions are eligible to apply for the awards. While secondary school students are encourage to apply for the FHC PEP Scholarships.
Students who have maintained at least a “B” average at the end of their study, and who intend to start a business within 6 months after graduation, are invited to prepare and submit a comprehensive Business Plan for the Small Business enterprise.
The Plans that are judged to be the top three and most feasible, will each receive the sum of $500,000.00 for use as start-up capital.
Recommend the above programmes to others especially the FHC PEP Scholarships!