Emergency Fund The Hague University of Applied Sciences
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The COVID-19 virus and the measures that have been taken to prevent its spread have had a major impact on everyone’s daily life. However, the impact has been much greater for some people than for most of us. The crisis is causing isolation, mental stress, concerns and sadness about loved ones. But it also has major financial consequences. Students of The Hague University of Applied Sciences are among those affected financially. Students who have lost their (part-time) job. Students whose parents aren’t always able to assist financially. Students who aren’t eligible for (additional) support from DUO, the city or the government.
A university of applied sciences operates mainly with public funding, money received from the government to fulfil a specific objective: to provide education. These resources cannot be used for any other purpose. To support students who find themselves in serious difficulties due to circumstances beyond their control, The Hague University of Applied Sciences Emergency Fund Foundation was founded in 1991 on the initiative of students. This foundation, with its own board and bylaws, administers a fund that includes private donations. These funds can be used to support THUAS students who have lost their source of income and have no other means of support. Or rather, lend them some support, in the form of an interest-free loan.
Until now, this small fund has only been used sporadically to provide a few small loans every year. However, this crisis will not go away overnight. Students who are now suffering financially will continue to be affected for the next few months. To support them over a longer period requires more money than is currently available through the fund. That is why we are asking all our former students and former staff members and anyone else who feels compelled to help:
Please donate to the THUAS Emergency Fund Foundation. Every donation, no matter how big or small, is welcome. Donations will only be used to provide interest-free loans to students who have lost their income and have no other means of financial support. When the loans are repaid, the money is returned to the fund so it can help other students in need.
The Hague University of Applied Sciences supports the emergency fund to the extent permitted by law. For example by handling all logistics procedures. And by providing a short-term interest-free loan to provide a direct balance to immediately support students in need.
Donations are not made to the account of The Hague University of Applied Sciences, but directly to the Emergency Fund and are exclusively used to assist students in financial need, as described above.
Nog te gaan