LifeFund is a programme set up and administered by SIBLife Church to help as many Bornean students as possible, who need financial assistance and aid them with their financial needs throughout the duration of their studies in colleges/universities in and around Klang Valley.
LifeFund provides support for students in the form of interest-free loans for tuition fees, living expenses, house rental deposits, room rental, transportation subsidies, digital equipment for study needs, stationeries, project tools and emergency aid. 100% of LifeFund's donations are channelled towards meeting these needs. We believe that the church should get involved in meeting the needs of our students as this can directly deter them from falling into the hands of "exploiters".
Our church is committed to discipling every student that is supported by LifeFund and to mentoring them to succeed in their studies, financial and life management, and most importantly, their spiritual life. To achieve that, we ensure that they belong to our church and are accountable to our leaders and pastors.
LifeFund’s aid is separated into 3 categories
Living expenses
Providing students with an approved monthly allowance which will help cover basic expenses such as accommodation and food.
Accommodation
Providing students’ house/room rental assistance.
School fees
Assisting students with their semester tuition fees.
House/room rental deposit
Assisting students with the initial payment of house/room rental deposits.
Gadgets
Assisting in the purchase of necessary learning gadgets to support online/physical studies.
Study tools
Assisting in the purchase of necessary project/study tools.
Providing financial aid in emergency cases such as flight tickets, medical fees assistance, etc.