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Home News Education Stanbic IBTC: Institutes scholarship for Nigerian undergraduates

Stanbic IBTC: Institutes scholarship for Nigerian undergraduates

Stanbic IBTC Holdings PLC, an individual from the Standard Bank Group, has called for applications for the lady version of its 2020 Scholarship Program.

The Stanbic IBTC 2020 Scholarship Program, equipped towards empowering difficult work and scholastic greatness among Nigerian students, is available to understudies who partook in the 2020 Unified Tertiary Matriculation Examination (UTME) and have quite recently picked up induction into any of the tertiary establishments.

The principal start to finish monetary administrations supplier has said that the complete grant estimation of in any event N40 million, would be spread across four years and dispensed in tranches of N100,000 per scholarly year.
The firm also said that subsequent disbursement of the funds would be based on the maintenance of at least second-class upper grade and good conduct of the student as referenced by the university.

Dr Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, said the organisation recognises the importance and impact of education in the life of every Nigerian youth.

According to him: “Education empowers and encourages the youth to prepare for the future while also confronting challenges. Education is a panacea for growth and enduring development of any nation or organisation.”

He reiterated that apart from making deliberate efforts to cushion the effect of the economic hardship caused by the pandemic on parents and guardians, the Stanbic IBTC 2020 Scholarship Programme would also seek to reward exceptional candidates who demonstrate academic excellence and good character.

While assuring members of the public of the organisation’s commitment to the growth and development of Nigerian youths, Dr Sogunle said: “Over the years, we have demonstrated our obligation to the future leaders through the various plans and programmes geared towards supporting their dreams and aspirations. One of such programmes is the annual Stanbic IBTC Youth Leadership Series (YLS), which engages Nigerian youth on how to explore their innate potentials to become better business leaders.”

The Stanbic IBTC 2020 Scholarship Programme kicked off on September 1, 2020 with the call for applications through the firm’s website and social media platforms. Criteria for selection include a minimum score of 200 in the 2020 UTME and letter of admission into a Nigerian university, issued by the Joint Admissions and Matriculation Board (JAMB) or the university.

Upon the close of entries and completion of the scholarship process,100 successful applicants will be offered their scholarship letters.

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