The Jerusalem Municipality will hand out NIS 15 million worth of scholarships to students promoting social, neighborhood and community activities.
Jerusalem's municipal scholarship fund, the biggest in Israel, will offer students studying in any of Jerusalem's academic institutions a scholarship of NIS 10,000 in exchange for 140 hours of community service.
The initiative will be carried out in collaboration with Mifal HaPayis, Israel's national lottery, and the Jerusalem Foundation, a nonprofit organization founded by former long-time mayor of Jerusalem Teddy Kollek with the aim of developing Israel's capital city.
As part of the community service proposed, the 140 hours will include volunteering with at-risk youth, the elderly and Holocaust survivors.
"It is all for the young people of our city who chose to remain in Jerusalem to study," said Jerusalem Mayor Moshe Lion.
"The program works to the mutual benefit of both students and the city: The students will promote social and community service and in return, receive a scholarship.
"The Jerusalem Municipality will continue to work for the benefit of both students and the community," Lion said.