Stanbic IBTC University Scholarship – Eligibility and Requirements You Need to Know

Stanbic IBTC University Scholarship

The Stanbic IBTC University Scholarship Programmed is an initiative aimed at supporting Nigerian youths in pursuing their academic dreams. Here are some key points and details about the scholarship:

Eligibility Criteria:

To be eligible for the Stanbic IBTC University Scholarship Program, applicants must meet the following criteria:

  1. Be residents of Nigeria and have participated in the 2022 University Tertiary Matriculation Examinations (UTME) conducted by the Joint Admission and Matriculation Board (JAMB).
  2. I have scored 200 and above in JAMB.
  3. Have gained admission and been properly enrolled in a Nigerian federal or state university with relevant evidence.
  4. Maintain an enrolled status at the university in their admitted degree program.
  5. Not be employees of Stanbic IBTC or immediate family members of employees.
  6. The scholarship will only be awarded to 100 applicants, with a minimum of two applicants per state.
  7. Scholarships will be awarded on a first-come, first-served basis until all 100 slots are allocated.
  8. Applicants planning to study courses related to the “future of work” (e.g., data science, business analytics, economics, accounting, finance, and IT) will have an advantage.
  9. Multiple applications by the same applicant will not result in multiple scholarship slots.

Terms and Conditions:

Applicants who are awarded the Stanbic IBTC University Scholarship must adhere to the following terms and conditions:

  1. Maintain an enrolled status at their respective universities in the degree program they were admitted to.
  2. Adhere to the academic and administrative policies of the university and provide a letter of good conduct issued by their respective department annually.
  3. Maintain a cumulative grade point average (CGPA) of at least second-class upper (specific CGPA requirements are mentioned for different grading systems).
  4. Meet any other additional criteria communicated through email.
  5. Provide a report at the end of each academic year detailing how the scholarship funds have been spent.
  6. Failure to submit reports on time may result in future payments being withheld.
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Stanbic IBTC University Scholarship
Stanbic IBTC University Scholarship

Termination of Scholarship:

The scholarship may be terminated by Stanbic IBTC if any of the following conditions are met:

  1. The recipient withdraws or transfers from their program of study.
  2. The recipient is suspended or excluded from the university.
  3. The recipient is expelled from the university.
  4. The recipient makes any misrepresentation, acts fraudulently, or acts dishonestly in connection with the scholarship.

Application Process:

To apply for the Stanbic IBTC University Scholarship Program, follow these steps:

  1. Visit the Stanbic IBTC University Scholarship Application Portal.
  2. Fill in the required details and attach the requested documents.
  3. Submit your application.
  4. Successful applicants will be notified via email.
  5. Multiple applications by the same applicant will not result in multiple scholarship slots.

Application Deadline:

The application deadline for the scholarship is April 27, 2023. No applications will be accepted after this date.

Required Documents:

When applying for the scholarship, you’ll need to upload the following documents:

  1. Recent Passport Photograph
  2. Valid ID Card
  3. UTME Result
  4. O’Level (WAEC, NECO, or GCE) Statement of Result or Certificate
  5. JAMB, or University Admission Letter

Applicants are encouraged to read the terms and conditions and frequently asked questions (FAQs) for more information about the scholarship.

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