BUFFALO, WY – March 12, 2014 -- New China Global Inc. (the "Company") (OTC Pink: NCGI) (PINKSHEETS: NCGI) is pleased to announce the Global Scholarship Initiative. The scholarship program will promote and provide financial aid to students with whom an eligible study abroad program carries academic credit recognized by the student's home institution. According to the Bureau for International Education, International students represent less than 5% of students enrolled in University, with less than 1% of students are from third world countries.
The scholarships will be awarded on a competitive basis to students who:
- Are enrolled in a program of at least a one-year in length (preferably longer), leading to a credential;
- Are planning to carry out their study/work abroad activity outside their home country;
- Can demonstrate the links between their study/work abroad experience and their education goals;
- Have preferably demonstrated some involvement in their institution and/or community;
President of New China Global Inc., Mr. Shane Oei stated, "The development of our scholarship initiative is part of our corporate social responsibility memorandum, and we are pleased to be a part of academic achievement within developing countries as our target market for the bursaries."
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FORWARD LOOKING STATEMENT
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New China Global Inc.
SOURCE: New China Global, Inc.