How the scholarship platform works
Get matched to a scholarship applicant and transfer your scholarship to your student every month, directly through mobile banking.
Despite public primary schools being free of cost in Bangladesh, many students still drop out of school to work and earn in order to support their families. Your scholarship helps a child attend school and support their families at the same time.
Only students enrolled in Government Primary Schools throughout Bangladesh are eligible to apply for scholarships.
Headteachers identify vulnerable students in their schools who fall under the criteria:
The identified students and their families are interviewed and vetted, and the ones who qualify move on to the scholarship applicants pool.
When you start your scholarship, you are matched to a student from the scholarship applicants pool.
A mobile phone is shipped to your student's family, on which they open a mobile bank account (bKash account).
bKash, an investment of the Gates Foundation, is the largest mobile banking service in Bangladesh
Your scholarship is transferred directly to your student's family on their mobile bank account, every month.
Scholarship Service Fee
Your monthly subscription
Your student must maintain a minimum of 75% attendance and passing marks in class to continue receiving your monthly scholarships on their bank account.
You receive your student's school report card on your app and also the attendance data for your personal viewing.
Your scholarship continues until your student completes class 5, ensuring a literate citizen for Bangladesh.
In Bangladesh, while 98% of children enroll in school, 2 million children drop out to work before achieving literacy in order to support their families financially. On the flipside, Bangladesh has a diaspora population of 10 million in advanced economies who wish to make an impact on their homeland. AlterYouth, imagine Uber for scholarships, is a C2C scholarship app enabling users from around the world to start scholarships directly for financially struggling students in Government Primary Schools of Bangladesh, through digital banking.
Here's a 100 second video that takes you to a village of Bangladesh and shows how your scholarship impacts a day in the life of a student who needs it.