Leveraging remittances for STEM education

Income disparities between developed and developing countries hinder global progress, while traditional funding sources like foreign aid and direct investment remain unreliable. This paper proposes a remittance-enhanced development model, grounded in the capability approach, to strengthen higher education in STEM fields. By investing remittances in tertiary education infrastructure and faculty training, developing countries can build human capital vital for innovation and long-term resilience. The model emphasizes aligning remittances-supported initiatives with national STEM priorities, particularly in remittance-dependent regions. This approach offers a sustainable, community-driven strategy for addressing inequality and fostering inclusive development. by empowering individuals through education. This paper concludes that remittances are repositioned as a transformative tool for advancing STEM education, preparing the Global South for a knowledge-based future.