Scholarship program UPstairs
Scholarships for helping employee children achieve higher levels of education
Some family incomes are not enough to support children through further schooling or higher education. That is why in 2010 we founded the UPstairs scholarship program for the children of our employees.
The three-year program provides not only financial assistance but individual support, such as mentoring through a Group employee, internships at a branch, or IT and language courses.
To be eligible for the scholarship, the family income may not exceed a certain threshold, which varies by country. 60 scholarships have already been awarded in Indonesia, Mexico, Romania and South Africa. We plan to roll out the UPstairs scholarship program to at least 65 countries and award 320 scholarships. By the year 2014 we will have increased the number of scholarships across the Group to 1,000.