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AFHU 2022 Annual Report-spreads

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SCHOLARSHIPS<br />

<strong>AFHU</strong> raised<br />

$11.2 million<br />

to support scholarships<br />

and financial aid.<br />

Scholarships and financial aid for promising students are an<br />

investment in Israel’s future. A recent report, produced by<br />

the University in conjunction with Social Finance Israel<br />

(SFI), provides some interesting insights: students report<br />

that financial aid helps them academically, and alumni state<br />

that financial aid allowed them to graduate sooner, enabling<br />

them to become productive workers. Figures show a<br />

four-fold return on investment from scholarships and<br />

financial support based on the value to recipients,<br />

increased tax receipts, and growth in Israel’s GDP.<br />

AMERICAN FRIENDS OF THE HEBREW UNIVERSITY | <strong>2022</strong> ANNUAL REPORT<br />

11

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