More than 240 poor students benefit from KFC stipend

Home>>Sci-Edu

Last updated at: (Beijing Time) Sunday, December 14, 2003

More than 240 poor students benefit from KFC stipend

More than 240 poor students in 24 Chinese colleges and universities have benefited from a stipend given by China Kentucky Fried Chicken Corporation Ltd.

DISCUSSION

CHINESE

SEND TO FRIEND

More than 240 poor students in 24 Chinese colleges and universities have benefited from a stipend given by China Kentucky Fried Chicken Corporation Ltd.

The stipend totaling 38 million yuan (about 4.5 million US dollars) is the largest commonweal fund jointly set by the China Youth Development Foundation and the multinational company in China so far.

The fund is aimed to aid the poor college students both in character and scholarship.

The 10-year-long project, which began in November last year, annually offers 5,000 yuan (602 US dollars) for each poor student,who can apply for the aid year by year from the first term until graduation.

Meanwhile, China Kentucky will launch work-study programs in the local KFC restaurants for the aided students.

Statistics from the financial department of the Education Ministry show that there are about 1.5 million poor students amongthe total 5 million college students in China.

Some 1,000 KFC restaurants have been opened in 200 Chinese cities since its first one was launched in Beijing in 1987.

Questions?Comments? Click here

KFC Chain Stores Grow to 500 in China

KFC Opens over 800 Outlets in China

KFC Opens 100th Outlet in Chinese Capital

US TV dump charges not just a biz spat: Analysis ( 4 Messages)

China not to tolerate splitting Taiwan from motherland: Premier ( 3 Messages)

Trade war? A buying spree for cheap Chinese goods ( 3 Messages)

Moon probe to blast off in 3 years: Chief scientists ( 2 Messages)

Bush strategy: Spend now, pay later? ( 35 Messages)