Post secondary education, a chance for higher education for students across the globe. While in the final year of high school, students are stressed about maintaining their marks to get into the university or college of their dreams, the second biggest issue? Ensuring that they have the funds in order to be able to attend these post-secondary institutions, with very hefty tuition fees, this is a problem for many young students across Ontario.
These payments are inevitable, however, this is where Scholarship Apartments comes in. Founded by Arman Aryapour, Scholarship Apartments will provide students with more than just rent as a living expense, but as an investment. Upon the completion of the student’s degree while residing with at a Scholarship Apartments building under a four-year lease, the student will be rewarded with a bursary – approximately 50% of their rent paid back to them. With rewarding students with a large portion of their rent paid back to them, this will make post-secondary education even more attainable for students.
Scholarship Apartments being a social venture is what separates them from their competition. Most apartment owners are money hungry and treat their students poorly. Being a current student tenant, I can attest to that the managers of my building take any chance they get to squeeze money out of us from asinine fees, damages caused by staff etc. Scholarship Apartments is currently working to become a registered charity in Canada, with a focus on helping their tenants instead of taking as much money as they possibly could, a unique and respectable quality that is not seen often in the student housing industry. “It’s a way of showing students that rent can pay off in the future,” said Aryapour.
Scholarship Apartments has the potential to revolutionize the student housing industry not only in Ontario, but nationally and one day, world wide. “I believe that if we try and resolve social issues as individuals, we can create a more sustainable economy” said Aryapour. Not only are they providing an opportunity for students to alleviate their student debt, but also provide an incentive for students to go to school and complete their degree. If you would like to contribute to the gofundme page for scholarship apartments, kindly visit https://www.gofundme.com/scholarshipapts. Scholarship Apartments is in the brand awareness stage currently and is hoping to have a building in full operation from the next one to two years.