Alumni funds can be used for various purposes, such as:
Provide scholarships and grants to help poor students complete their studies.
Support teaching and research projects and provide better education and research resources.
Build or improve campus facilities, such as student dormitories, libraries and laboratories.
Carry out alumni exchange activities to promote contacts and exchanges between alumni.
Alumni funds are usually managed by alumni associations or development offices, which are responsible for collecting and managing donations to ensure that the use of donations meets the wishes of donors and the needs of schools. Many schools regard alumni fund as an important source of funds to support their long-term development and achievements.
In short, the Alumni Fund is an important mechanism that enables alumni to give back to their alma mater, help existing and future students and support the development of the school.