(MENAFN- Kuwait News Agency (KUNA)) WASHINGTON, Nov 10 (KUNA) -- The US Agency for International Development (USAID) Administrator Samantha Power announced Thursday that the agency will provide USD 50 million for Lebanese and refugee students living in the country to attend the American University of Beirut (AUB), Lebanese American University (LAU) and Notre Dame University-Louaize (NDU).
The USAID said in a statement that USD 15 million of the USD 50 million will support 140 full undergraduate scholarships to AUB and LAU for 'financially disadvantaged yet academically meritorious students.'
It added that the remainder of the funds 'will provide partial need-based financial aid for about 3,500 students over the next three years to help students who can no longer afford tuition amidst Lebanon's economic crisis.'
'USAID also works closely with these universities to prepare students with technical and manufacturing skills applicable to emerging sectors, such as solar power,' the statement added.
It affirmed that this new funding 'reflects USAID's continued commitment to empowering youth to shape Lebanon's future.'
Since 2010, USAID has provided more than USD 156 million in full undergraduate scholarships to more than 1,600 Lebanese and refugee students who might not otherwise be able to attend a university. (end)
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