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The University of the Virgin Islands has launched a unique scholarship campaign to win ownership of a timeshare at luxurious resorts, all while helping deserving students that attend the university, according to a press release the institution of higher learning issued this afternoon.

UVI is raffling a chance to win ownership of one of two timeshares at two of the most deluxe resorts on St. Thomas: Elysian Beach Resort and Bluebeard’s Castle. The deadline for entering the raffle is Friday, Nov. 13. All proceeds will go toward student scholarships.

“We were fortunate to have a generous donor give the University a week’s ownership at each timeshare resort as a way to raise scholarship funds for students,” said Mitchell Neaves, vice president of Institutional Advancement for UVI. “It is a win-win for the community, a chance to own a luxury timeshare, and to support students in need at the same time. I encourage everyone to try their luck.”

Raffle entry is available only online through the UVI website. To enter the raffle, visit http://development.uvi.edu or use this direct link.

Each entry is only $10, and participants may purchase multiple raffle entries. Payment methods include Visa, MasterCard, American Express and Discover.

“For just $10 or a little more, someone can actually own a timeshare valued at close to $3,000,” Neaves said.

There will be one winner for each of the two resort timeshare ownerships. The winners will be notified and announced to the public the week of Nov. 16. The deeds for the timeshare properties will be transferred to each winner in January 2016.

Each timeshare owner can join Resort Condominiums International (RCI) allowing the properties to be traded for stays at hundreds of locations in the RCI network worldwide.

The week (#40) at Bluebeard’s Castle features a studio room with king bed and mini kitchen located in the Hilltop Villas. The room boasts a spectacular view of the Charlotte Amalie harbor. Timeshare guests will enjoy a private balcony, outdoor swimming pool, hot tub, fitness center, tennis courts and fine dining at two award-winning restaurants: Banana Tree Grille and Room with A View.

The timeshare week (#42) at Elysian Beach Resort, located on the eastern end of St. Thomas, includes a studio with king bed and mini kitchen, and a stunning view of the beach and sparkling waters. Dining options include Sangria’s and Caribbean Fish Market restaurants.

The timeshare raffle is restricted to legal residents of the United States and its territories who are 18 years of age or older. Other rules and regulations apply and can be viewed at http://development.uvi.edu.