Education without boundaries

This week we saw the official launch of Funding4Learning, the first worlwide platform for educational funding.

Funding4Learning sets itself apart from other crowdfunding and crowdsourcing sites, by focusing all its resources on the educational sector.

Funding4 Learning is open for anyone around the world looking to undertake any kind of study or educational program and who is the need for financial support.

The success of your campaign will ultimately depend on your ability to impress potential donor, to interest them through amazing rewards, and finally on your capacity to market yourself and bring sponsors from your friends, family, networks and acquaintances.

There are no fixed rules or standards concerning the kind of reward you can offer. You just need to be sure that your reward is interesting for the community, and the it will attract the attention of potential donors.

Students find themselves crunching the numbers after the ¨Credit Crunch¨

Since Banks had to tighten their credit policy as a consequence of the financial crisis that hit the world credit markets on 2008, students have found themselves facing surmounting difficulties to get financial support for their studies.

As an example, if you are an international student pursuing an MBA on an American University, unless you get accepted to an Ivy League school like Harvard or Wharton, it will be almost impossible for you to secure a student loan if you don't have an US based cosigner.

Many international students are finding that their B-school dreams are over even before they start. Some of the leading business schools and graduate programs received a serious blow after big lenders like Sallie Mae or CitiAssist were forced to cancel their "no-cosigner student loans". These programs usually allowed the applicants to get funding up to their tuition fee without having to get a stewardship in case the borrower defaulted. The community most affected by this measure is the international students community, for whom this programs were crucial for their degree aspirations.

In a time where international companies are looking more than ever for well recognized international degrees, the impossibility for some students to finance thier degrees is proving to be a fundamental issue, that need to be addressed by the public and private sector, specially if they want the emerging world to continue progressing.