Prince Muqrin bin Abdulaziz University and Sulaiman Al Rajhi Foundation for Development Finance sign a cooperation agreement

Prince Muqrin bin Abdulaziz University and Sulaiman Al Rajhi Foundation for Development Finance sign a cooperation agreement

SEP 22 2022

Prince Muqrin bin Abdulaziz University signed a cooperation agreement with the Sulaiman Al-Rajhi Foundation for Development Finance aimed at expanding the existing strategic partnership between the two sides, in the presence of His Excellency the President of the University, Dr. Bandar bin Muhammad Hajjar, Professor Muhammad bin Hamad Al-Khamis, CEO of the Sulaiman Al-Rajhi Foundation for Development Finance, and a number of university employees and the institution.

Through the agreement, soft educational loans are provided to students through the Maslak Educational Fund, by paying the financial equivalent to the university and paying it in installments to students using the good loan system in installments extending beyond graduation and without interest.

His Excellency the President of the University, Dr. Bandar bin Muhammad Hajjar, explained that this agreement is an extension of the strategic partnership between the university and the Sulaiman Al-Rajhi Foundation for Development Finance, as it works to provide easy financing for male and female students wishing to obtain financing to enroll in one of the university education programs paid by the good loan system, to contribute to achieving The vision of the Kingdom of Saudi Arabia 2030 and ensuring alignment between education outcomes and the needs of the Labor Force. His Excellency also expressed his thanks and appreciation for the Foundation's efforts, cooperation and interaction with the community.