Funds released for gifted students

JAKARTA: Aetna Life Indonesia is providing a scholarship program called "Aetna Siswa" to help top ranking university students cope with the rising cost of studying.

The program kicks off with scholarships to 30 students from three universities in Java. Aetna will provide a total of Rp 100 million to the selected students during the course of their studies.

The scholarships were presented to students from Diponegoro University in Semarang and Sebelas Maret University in Surakarta, both Central Java, and in the near future scholarships will be given to university students in Malang, East Java.

The company said in a statement that they had plans to expand the scholarship program.

Aetna Life is one of the world's leading providers of insurance and financial services. It has a worldwide network, assets of over US$96 million, 40,000 employees and 33 million customers. The company began its operations here in 1995.