Plan for the Coming Three Years

The following is a plan envisaged for the coming three years 2008 / 2011 provided availability of financial resources:

1. Fund Raising: Secure the amount of $3 million from various sources including dividends of the investment, contributions, gifts and grants, and loan repayments. These sources and amounts are screened and approved by the Board of Trustees in view of ASAI policy.
    
2. Provide interest free loans for a total of up to 300 qualified candidates at the rate of 100 applicants each fiscal year for those at the PhD and Master levels who meet the selection criteria of ASAI Scholarship Committee. This includes second and third time recipients in addition to new applications.
    
3. Information system: Developing a comprehensive database which includes; students who graduated with ASAI financial assistance, contributors, members of the Board of Trustees, academic institutions who received financial support from ASAI for infra-structure projects, and international agencies with the same functions.
    
4. Strengthen relations with universities in USA, Europe and selected others around the world for joint projects and providing possible financial assistance to Arab Students.
    
5. Explore possibilities for joint academic programs and projects for supporting post graduate studies and research with agencies such as: the Welfare Association, USAID, EU, CIDA, SIDA, British Council and other International Agencies.
    
6. Follow up on Loan Repayments of graduates and increase income by 30%.
    
7. Design a plan for graduates, who have returned to their home countries, to play an active role in the support of ASAI programs and projects, especially in regards to facilitating a sustainable income to help more needy and outstanding students.