Competition for Scholarships and Grants
January 4th, 2008 by 
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Nowadays scholarship and grants programs are very popular. There are many reasons of it. Many people have a desire to obtain university degree, but tuition fee is very high in the educational institutions. In the same time colleges and universities try to attract many talented and smart students. Usually the providers of the grants and scholarships for student are government agencies or private funds and companies. The foundation of Bill Gates provides many grants and scholarships for the students from different countries. Today the foundation considers the request of Cambridge University. The administration of the university asks for grants and scholarships for sum of $200 million to provide education of 230 foreign students each year.
Bill Gates understands the aims of the Cambridge and he confirms the educational institution became British Silicon Valley. The Cambridge University is famous because of its researches and development of technologies. Mr. Gates invests into development of the University each year. For example, he gave about $ 19 million for establishment of the computer laboratory in the university.
But there are several other educational institutions which also claim to the investments of the Bill Gates Foundation. These universities are Oxford and Harvard.
But the discussion of his negotiations has become mired in a case that involves Cambridge’s rival, Oxford, and that forms a mirror-image of what Mr. Gates is being asked to pay for. Political and academic luminaries around Britain have been seething over the story of a young Briton who found the doors of Oxford closed to her and ended up instead with a $100,000 scholarship to Harvard. So these three universities always compete for the scholarships and grants. Besides, they compete for better students and educational programs. Because of it there are many scandals around the competition process. It makes the educational process more compacted and corrupt the reputation of the educational institutions in the academic world.
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