Bank of Ceylon awards Nana Jaya schols to A/L Highflyers | Sunday Observer

Bank of Ceylon awards Nana Jaya schols to A/L Highflyers

16 September, 2018

The country’s premier youth savings account “18 Plus SmartGen” rewards students who have performed exceptionally well at their advance levelexamination for the 13th consecutive year.

Empowering Sri Lankan youth in pursuing their higher-education dreams, the Bank of Ceylon (BOC) re-launched its scholarship Program for A/L highflyers as “BOC Nana Jaya Scholarships” to support them financially with an endowment offered monthly. The Awards ceremony took take place at the Bandaranaike Memorial International Conference Hall (BMICH) on Saturday, September 1, 2018 with the participation of 562 scholarship winners and their parents. On this day the Bank offered scholarships to deserving 18 Plus account holders who obtained highest marks in 2016 and 2017 A/L examination in the streams of Science, Mathematics, Commerce, Arts, engineering technology, Bio-technology and Common. Hundred and fifty Students who have received island ranks were awarded the merit scholarships worth Rs. 48,000/-.

The other four hundred and twelve students were selected based on their district rank and each one of them were awarded a scholarship worth Rs.36,000/-. A total of Rs. 32.5 Million will be disbursed over 562 eligible students who have sat for A/L in 2016 and 2017 respectively. The scholarship amount will be credited monthly to respective 18 Plus SmartGen accounts.

In combination with the country’s Premier Youth savings account “BOC 18 Plus SmartGen”, this initiative has adapted a similar platform to that which the Government has laid to encourage higher education through “Mahapola” scholarship programme.

So that students will be assisted by the Bank to cover up their additional expenses up to four years- for merit scholarships and up to three years- for regular scholarships.

So far BOC has granted 1894scholarships worth Rs.58.83 Million. Selection criteria for this year’s scholarship were based on 2016 and 2017 Advance Level examination results.

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