News Link: Bali College Allows Students to Pay their Fees in Coconut
Bali college allows students hit by an economic slowdown to pay fees in coconuts.
The Venus One Tourism Academy came up with the solution to allow their students to pay in the form of natural raw materials if they were struggling.
The move is for as many of its students struggled to pay tuition fees on account of the economic slowdown. This hospitality college in Bali has allowed students to pay their fees in coconuts and other natural products.
Wayan Pasek Adi Putra, an official at the institute, told local media outlet Bali Puspa:. “News that the supplies will be used to harvest Virgin Coconut Oil at the school.”
“At first we began an installment program to pay their tuition fees, but now we’ve become even more flexible. Because of this COVID pandemic, we have adopted a flexible policy. We produce virgin coconut oil, so students can pay their tuition by bringing in coconut” Putra said.
The Bali Sun reported the college is accepting tuition payments in the form of other natural products like moringa leaves and gotu kola leaves that are used to produce products such as herbal soap. Students can also resell their own products to develop their entrepreneurship skills.
College authorities said they have implemented various health and safety protocols to stay operational during the pandemic, including a limited number of students on each shift and daily temperature checks.
Compiled by – MK (Editor)
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News Link: Bali College Allows Students to Pay their Fees in Coconut
