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Stanbic IBTC on Thursday announced the launch of its scholarship programme for the 2023-2024 academic year
The initiative, according to the bank, is designed to support and invest in the educational development of exceptional Nigerian youths.
Through the initiative, scholarships will be awarded to 200 students across the country, thus reaffirming Stanbic IBTC’s commitment to supporting education and providing opportunities for outstanding students to achieve their academic dreams.
Building on the success of last year’s programme, this year’s scholarship targets students who have demonstrated academic excellence.
Criteria for qualification
To qualify, students must have a UTME score of 250 and above, at least five credits in O’Level (WAEC or NECO), and proof of admission to a Nigerian federal or state university.
According to the financial institution, “The scholarship aims at relieving financial burdens and inspire students to strive for excellence in their academic pursuits.
“Stanbic IBTC is also excited to announce that the award ceremony for the scholarship recipients will be a hybrid event, allowing participants to join either physically or virtually. The inclusive approach ensures that students, parents, and stakeholders from all regions can partake in the celebrations.”
Chief Executive at Stanbic IBTC Holdings, Demola Sogunle, emphasised the importance of the initiative, stating, “At Stanbic IBTC, we strongly believe in the transformative power of education.
"Our commitment to this cause is clearly demonstrated through our scholarship programme, which is designed to nurture and develop the potential of Nigeria’s youth. Our mission is to provide these talented individuals with the resources and support they need to excel academically.
"We encourage eligible students to take advantage of this opportunity by applying to our programme. This step could be the key to unlocking their academic aspirations and achieving their goals," the bank sais in a statement.
He added that, “Our efforts aim at equipping young people with knowledge, inspiring innovation, and foster a spirit of leadership, ensuring they have the necessary tools and support to make positive changes in their communities and beyond.”
Applications for the 2023/2024 university scholarship are currently ongoing and close on Sunday, 30 June 2024. Interested students are encouraged to visit www.stanbicibtc.com for more information on how to apply.
