500 Students benefit from education endowment fund
Five hundred senior high school (SHS) students have benefited from the Bisa McCarthy Education Endowment Fund since its inception in 2005.
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The fund, initiated by the Ghana Mine Workers Union (GAWU), gives bursary to 50 students each academic year as its contribution to the country’s human capital development.
The Bisa McCarthy Education Endowment Fund Board of Trustees is currently in the process of granting bursaries to 50 SHS students for the 2013/2014 academic year.
Each beneficiary will get GH¢300 per year for the three-year course of study.
The fund was named after founder members of the union and has a seven-member Board of Trustees chaired by Mr Dennis Vormawor, a former trade unionist and Chief Executive Officer of Labour Enterprise Trust and member of the National Labour Commission.
In an interaction with journalists on the fund, the General Secretary of GAWU, Mr Prince William Ankrah, said the bursary was an initiative by the union to encourage mineworkers to, at least, give secondary education to their children and wards.
He said the GAWU believed in quality human capital development and, therefore, had the conviction that students at the SHS should be given a sound foundation for further studies at a higher level of education.
“It is also worth emphasising that most of the beneficiaries of the scholarship attended prestigious secondary schools in Ghana and moved on to tertiary institutions to complete diplomas and degrees in various disciplines,” he said.
He further emphasised that the GAWU was committed to sustaining that human capital initiative for the benefit of the children and wards of its valued members.
Mr Ankrah said the union would soon establish a foundation to support programmes at the tertiary level and build a strong relationship with the University of Mines and Technology with the view to providing a detailed approach to ensuring a sustainable future of selected mining economies beyond the life span of the existing mining operations.
