CFC STANBIC BANK EDUCATION SCHOLARSHIP FUND 2023

Kenyans are invited to hurry and apply for the CFC STANBIC BANK EDUCATION SCHOLARSHIP FUND 2023; applicants are advised to ensure they comply with the eligibility criteria to avoid disqualification.

CFC Stanbic Bank and USIU will pay all tuition and library, medical, and Student Affairs Council (SAC) fees. The successful candidates will be required to meet other costs not mentioned in this advert.

In this post, We have included information about this scholarship and how you can apply.

So what are you expected to do?

Carefully read this post word to word without just skimming through it. You can also check the table of content below to get an overview of all we have wrapped up in this post.

ABOUT THE SPONSOR STANBIC BANK:

The bank was founded in Uganda as the National Bank of India in 1906. After several name changes, it became Grindlays Bank. In 1991, Standard Bank bought the Grindlays Bank network in Africa. The new owners renamed the bank Stanbic Bank (Uganda) Limited.

Stanbic Bank (Uganda) Limited is licensed as a merchant banker, stockbroker, and financial adviser by the Capital Markets Authority, which licensed the USE in 1997. In 2017 the bank was awarded a bancassurance license from the Insurance Regulatory Authority, authorizing Stanbic Bank to sell insurance products to its customers and the public.

In February 2002, Standard Bank acquired a 90 percent shareholding in the Uganda Commercial Bank, a government-owned retail banking operation with 65 branches. The new owners merged their new acquisition with their existing Stanbic Bank (Uganda) Limited to form Uganda’s largest commercial bank by assets and branch network.

In November 2005, the government of Uganda divested its ownership in Stanbic Bank (Uganda) by listing its shares on the USE. Standard Bank also floated 10 percent of its shareholding simultaneously, reducing its ownership to 80 percent.

WHAT YOU NEED TO KNOW ABOUT THE SCHOLARSHIP

CFC Stanbic Bank Education Fund Scholarships in Kenya for Kenyan students: CFC Stanbic Bank, in collaboration with The United States International University (USIU) are sponsoring four (4) bright and needy undergraduate students under the CFC Stanbic Bank Education Fund Scholarship.

The CFC Stanbic bank scholarship will cater to the full tuition of students selected for this scholarship.

LEVEL OF STUDY

This scholarship program is available for und Stanbic Banker graduate studies

FIELD OF STUDY:

Applicants for this scholarship must be recent KCSE candidates interested in pursuing any of the following degree programs at USIU; Accounting (B.Sc), Business Administration (B.Sc), Information Systems & Technology (B.Sc), Applied Computer Technology (B.Sc), International Business Administration (B.Sc).

Host Nationality

The scholarship is to be taken in KENYA

ELIGIBLE NATIONALITY:

This scholarship is open to Kenyan students 

SCHOLARSHIP WORTH

CFC Stanbic Bank and USIU will pay all tuition costs and library, medical, and Students Affairs Council (SAC) fees. The successful candidates will be required to meet other costs not mentioned in this advert.

SCHOLARSHIP REQUIREMENTS/ELIGIBILITY 

Applicants are expected to have the following:

A mean grade of B (Plain) or better in the recent Kenya Certificate of Secondary Education (KCSE) with a grade of C+ (plus) in English and Mathematics.

Interviews will be conducted in June. Successful candidates will be notified in July and recognized during the University’s annual graduation ceremony in August.

HOW TO APPLY FOR THIS SCHOLARSHIP PROGRAM:

  • Applicants are to apply by the following means for this scholarship program:
  • Applicants are to please submit the following to the USIU Financial Aid Office:

Application letter, copies of the relevant certificates and transcripts (certified by the head teacher), school leaving certificate, a reference letter from the Principal or Head Teacher, an essay detailing your background information, the degree you wish to pursue, and the reasons why you deserve the scholarship.

Kindly provide a current telephone number and, if available, an email contact.

APPLICATION DEADLINE

The recent application deadline concerning this program will be communicated as soon as possible; applicants and interested persons are encouraged to continue checking this site for the latest update.

United States International University Financial Aid Office
P.O. Box 14634, Nairobi, 00800.
TEL: (254-20)3606210 or 3606300; E-Mail: find aid [at] usiu.ac.ke
WEB: Web link
Facebook: Address.

Please note: Since only shortlisted candidates will be contacted, if you do not hear from Financial Aid Office by the end of July, please consider your application unsuccessful.

for more information, please see this official link

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