The superyachts, which cost more than £100 million each, will be used to train children from age three to eight.
The programme, to be run by the UK’s Department for International Development (DfID), will see children spend up to seven weeks in the luxury boats.
The project will also train students in the art of tailoring.
In return, the children will get to experience the rich culture of the Caribbean island.
The boats will be equipped with the latest technology, including high-definition video cameras, and equipped with digital screens.
They will also be equipped for a range of events including concerts, weddings, holiday destinations and even weddings with the bride and groom.
DfID said the project was a key part of its commitment to helping children from underprivileged backgrounds.
The department will also fund the training of staff at children’s hospitals, to help children develop healthy lifestyles.
The Bahamas is one of the most socially isolated nations in the world, with almost 50% of the population living in extreme poverty.
It has a high level of unemployment and poverty rates.