The Venus One Tourism Academy in Bali, Indonesia has allowed its students to pay for their degrees in coconuts due to the financial hardships inflicted by Covid-19.
The Academy was offering its students a relaxed payment to let them pay in installments previously.
Wayan Pasek Adi Putra, founder of Venus One Tourism Academy said students have expressed concerns about their ability to pay their tuition fees during the global pandemic.
The academy was founded in 2017, also produces virgin coconut oil, Adi thought the coconuts as tuition fees initiative will not only help get them in the production process, but also lessen the students’ burden.
Students are also encouraged to become resellers of the virgin coconut oil products in order to boost their entrepreneurship skills.