Education Financing and Support Services Project

Based on findings of the LEAPS project, this project aims to provide support to the private education sector in Punjab with an aim to make it more sustainable in the long run.

The Education Financing and Support Services project has three main objectives. First, to design, implement and evaluate a model to support private education entrepreneurs. Second, assessing the impact of different financial products on private school performance and to increase loan uptake and the financing opportunities available to private schools. Third, assessing the impact of the accessibility of Education Support Services on the performance of private schools and to increase the adoption of quality-based services.

CERP has partnered with Tameer Microfinance Bank and Aman Foundation to provide support to the private education sector in Punjab with an aim to make it more sustainable in the long run. The project is based on the findings from the LEAPS report that examined the educational landscape of Punjab through panel data spanning over 4 years (2003-2007).

The first intervention has been completed while the other two are on-going. CERP plans to use the results from these interventions to estimate the impact of grants, loans and equities on school revenues, in order to make an evidence-based decision for designing viable financial products for the private school markets. In addition, it plans to analyse the impact and take up of accessible Education Support Services and Products and develop a market apparatus for the low-cost private school market.