Perpetual Education Fund
At the April 2001 general conference, Gordon B. Hinckley, then President of The Church of Jesus Christ of Latter-day Saints, announced a "bold initiative" to help youth in developing areas "step out of the cycle of poverty." The Perpetual Education Fund:
- Is an inspired program to help ambitious, worthy young members of the Church receive training and education that lead to employment.
- Is modeled after the Perpetual Emigration Fund developed for the Church's early pioneers. As loans are repaid, the funds are re-circulated to provide opportunities for others.
- Provides student loans to young people in selected developing nations.
- Helps young people better provide for their families and grow in leadership and responsibility in the Church. It will strengthen individuals, families, and communities.