2024 Sponsorship Rate ChangeFor the past 5 years our sponsorship rate for students at the Kindergarten through 12th grade level has stayed constant at $42.00 per month. During that period the costs associated with providing scholarships to our students have increased. Inflation in Guatemala has caused the costs of transportation, food, and supplies to rise. We have seen a corresponding increase in enrollment rates at the local schools and universities.
To accommodate this reality, it is important for us to increase the salaries of our local staff and community leaders in Guatemala, as well as the amounts disbursed for the education of our students. As a result, we need to adjust our sponsorship rates to reflect the realities of providing educational funding for Guatemalan students today.
If you have any questions about this change, please don’t hesitate to ask. If your family is experiencing financial hardship and simply cannot continue your sponsorship at the new rate, please call me to discuss the options. I hope you know already how much your sponsorship means. Education is an unbelievably valuable gift that can make a life-long difference in the lives of the children and families we serve. Thank you for your continuing generosity. |