News Release

PEF, AMA Sign Preferred Tuition Agreement

Perpetual Education Fund and AMA Online University Sign Reduced Tuition Agreement

The Perpetual Education Fund (PEF) of the Church of Jesus Christ of Latter-day Saints signed an agreement for preferred tuition rates with the AMA Education System, known as "Asia's Pioneer and Largest IT-based Education." AMA Online University (AMAOED) aspires to provide full quality education that is accessible, accurate and relevant to building the student's competencies. Learners are able to study anytime and anywhere through a single online portal which is accessible through a desktop or laptop computer or a smartphone. There are also package opportunities which extend to immediate family. 

The online education system is ideal for working professionals, people with responsibilities that require staying at home as well as people with disabilities.  Learning online is an independent, self-learning style of education where students study on their own but are also expected to take quizzes and final exams.  "Education for All, Limitless and Borderless," is the vision promoted by Dr. Amable R. Aguiluz V, the chairman of AMAOED.  

The Perpetual Education Fund (PEF) was established in 2001 to help young men and women get a good education and become self-reliant after serving a mission for the Church.

The program is funded through contributions of Church members and friends.  It is a revolving resource in which money is loaned to an individual to help pay for advanced education or training. When a student has graduated and is working, he or she then pays back the loan to the fund at a low interest rate.

The PEF currently helps participants between the ages of 18 and 30 in 31 countries.

The program is patterned after the Perpetual Emigration Fund, which helped more than 30,000 early Church members journey to the Salt Lake Valley from Europe in the mid to late 1800s.

 
                    

                 
              

    President Thomas S. Monson has counseled, “[Self-reliance] is an essential element in our spiritual as well as our temporal well-being.” (“Guiding Principles of Personal and Family Welfare,” Ensign, Sept. 1986, 3)  One of the 12 principles of self reliance is to "seek learning and education."   

The Perpetual Education Fund of the Church was established in 2001 and is patterned after the Perpetual Emigration Fund, which helped more than 30,000 early Church members journey to the Salt Lake Valley from Europe in the mid to late 1800s.

The program is funded through contributions of Church members and others who support its mission. It is a revolving resource in which money is loaned to an individual to help pay for training or advanced education. When a student has graduated and is working, he or she then pays back the loan at a low interest rate. Repayments allow for future loans.

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