Stanbic IBTC Holdings  has  announced the launch of its scholarship programme for the 2023/2024 academic year, designed  to support and invest in the educational development of exceptional Nigerian youths.

 

 

The Group, in a statement issued on Wednesday, explained that the scholarship aims at relieving financial burdens and inspire students to strive for excellence in their academic pursuits.

 

 

It added that, through the initiative, scholarships will be awarded to 200 students across the country, to reaffirm its  commitment towards 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,”  the Group added.

 

The Chief Executive at StanbicIBTC Holdings, Dr. Demola Sogunle, explained that, to qualify for the award, 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.

 

 

“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,” he stated.

 

 

Emphasising the importance of the initiative, the Stanbic IBTC Holdings’ boss expressed the organisation’s strong belief in the transformative power of education.

 

 

He described the initiative as  clearly demonstrating the Group’s commitment to nurturing and developing the potential of the Nigerian youth, by providing them with the resources and support needed 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.

 

 

“Our efforts is aimed 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,” he added.