Many of the IAP companies are offering each year different kinds of scholarships and donations for various kinds of objectives, which reflect their values and purposes. The scholarships, either full or partial, are in most cases offered as a financial aid for excelling students, based on their academic achievements, to further their education. Other forms of giving are sponsorships for events, such as the faculty excellent award event in which the top 5% of the students are getting certificate of recognition from the faculty. Some of the companies are donating money or actual equipment for the faculty labs, as per the faculty request.
Total amount of scholarships and donations given to the faculty last year exceeds 1 million shekels!