By Odunayo Ogunseye
The initiative of funding a scholarship worth 40m naira to support the dreams and aspirations of 100 Nigerian youths over a duration of four academic years has been put in place by Stanbic IBTC. This was obtained from a statement published on the Stanbic IBTC website.
Over the years, the organization has been funding the scholarship scheme through various activities such as Youth Leadership Series (YLS), Higher Institution Football League (HIFL) and so on in order to encourage hard work and academic excellence amongst the Nigerian undergraduates, a statement on its website added.
The scholarship is opened to students who participated in the 2021-2022 Unified Matriculation Examination (UTME) and have gained admission into any Nigerian federal or state university, as well as other Nigerian undergraduates.
It should be noted that students from Universities that cancelled 2020/2021 session due to Covid-19 and ASUU strike such as University of Ibadan can also apply for the scholarship.
According to Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, the organization recognizes the importance and impact of education in the life of every Nigerian youth. “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 organization.”
In addition to the above requirements, documents such as recent passport photograph (not more than 200KB, JPEG), valid identification card, UTME result, O’ level result (WAEC, NECO or GCE) Statement of Result or Certificate and Jamb or University Admission Letter are required to be uploaded for the application of the scholarship.
The deadline for the scholarship application is 30th of November, 2021.
Further enquires are to be sent to the email UniversityScholarship@stanbicibtc.com.
