RMI Contributes 25K to BRMC Scholarship Funds
On Wednesday morning, 21 August 2019, the Republic of the Marshall Islands contributed a check worth 25,000 US dollars to the Bill Raynor Micronesia Challenge (BRMC) Scholarship Fund. This contribution will secure a 1:1 match from a US-based donor.
The Vice Chairperson of the National Board of Education (NBOE), Mr. Helmer Lang, presented the check to the RMI Board Member on Micronesia Conservation Trust (MCT) Board of Trustees, Ms. Rhea Moss-Christian, at a short ceremony held at Minister Wilbur Heine’s Office at the Ministry of Education, Sports & Training.Also, present to witness the handover were MCT Board member, Francis Carlos Domnick, Minister of Education, Wilbur Heine, NBOE Member, Molly Helkena, PSS Commissioner Kanchi Hosia, Associate Commissioner Sally Ann deBrum, and Associate Commissioner Gee Bing.
This contribution is to support a target goal that MCT and its partners established to raise an endowment fund of approximately $1.2 million dollars, generating an at least 5% earnings per year, to support two full time students at up to $30,000 per year.
This endowment fund is to support graduate students in natural resources management fields who are citizens and/or long-term residents of the five jurisdictions of Micronesia, the Federated States of Micronesia (FSM), the Republic of Palau (ROP), the Republic of the Marshall Islands (RMI), US Territory of Guam and the Commonwealth of the Northern Mariana Islands (CNMI) pursuing their graduate degrees in biodiversity conservation and other related sustainable development at universities within the Pacific region or in the US mainland. To date the fund has supported 13 students from all over Micronesia, with three graduating with master degrees this past month.