Article Abstract
International Journal of Advance Research in Multidisciplinary, 2023;1(2):57-67
Assessing the efficacy of alumni crowdfunding and strategic investments for overcoming funding challenges in French language education
Author : Udeh Vanessa Georgina
Abstract
The number of new financing options has increased quickly, including alumni crowdfunding and strategic investments. The antecedents and consequence of these funding mechanisms have not been thoroughly studied in research yet. In this study, the efficacy of leveraging alumni crowdfunding and strategic investments to overcome the perennial funding challenges in French language education was rigorously examined. The study examined the funding challenges plaguing French language education, casting a spotlight on the urgency of creative financial solutions and the strategic provisions of alumni engagements. The study further covered the various roles of strategic investments, synergy of alumni crowdfunding and investments. The analysis proffers a balanced perspective, delving into challenges and concerns that can potentially hinder the smooth operation of these innovative funding channels. Practical recommendations for successful alumni crowdfunding and effective strategic investments were provided. A synthesis of the key findings reveals profound implications for the future of French language education. It was concluded that effective fundraising for French language education relies on well-structured policy and institutional guidance. With these policies in place, educational institutions can navigate the complexities of funding French language programs and secure their future.
Keywords
Efficacy, alumni crowdfunding, strategic investments, funding challenges, French language education