The Commercial Bank of Ceylon has presented scholarships to 50 more undergraduates from seven universities, under the bank’s CSR Trust’s ‘Sarasaviyata Nawa Saviyak’ community initiative, and has increased the value of each scholarship by 20 per cent. They have also been given laptops. Undergraduates from 16 districts will each receive Rs 30,000 a year for [...]

The Sundaytimes Sri Lanka

ComBank presents scholarships, laptops to 50 more undergraduates

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The Commercial Bank of Ceylon has presented scholarships to 50 more undergraduates from seven universities, under the bank’s CSR Trust’s ‘Sarasaviyata Nawa Saviyak’ community initiative, and has increased the value of each scholarship by 20 per cent. They have also been given laptops.
Undergraduates from 16 districts will each receive Rs 30,000 a year for the four or five years they spend at university.

The 50 recipients of scholarships with Minister S. B. Dissanayake, Commercial Bank Chairman Dinesh Weerakkody, Chairperson of the UGC Prof. (Mrs.) Kshanika Hirimburegama and the Board of Directors of Commercial Bank

Of this latest batch of scholarship recipients, 39 were female. Twenty two of the 50 undergraduates are studying Medicine, nine Management and three Accountancy and Finance, while two each are in Marketing Management and Business Information Systems and the others in many diverse spheres of study, the bank statement said. Recipients of Commercial Bank’s undergraduate scholarships are chosen with the assistance of the University Grants Commission (UGC). Being ineligible for Mahapola or any other scholarship programme, the number of attempts made at the GCE A/L examination, the number of school-going children in the family, parental income and the distance between the university and the student’s home are some of the factors that are taken into consideration in identifying recipients.
This year’s beneficiaries were from the districts of Vavuniya, Trincomalee, Badulla, Anuradhapura, Colombo, Galle, Gampaha, Hambantota, Kandy, Kegalle, Kuruneglala, Matara, Nuwara Eliya, Puttalam, Monaragala and Ratnapura.
Manori Nayana Kanthi, a student from Kadugannawa, said the scholarship she received would significantly lessen the burden on her brother, who currently supports her to follow a degree course in Management at the Rajarata University.
“I am now even more motivated, and hope to follow a course in Human Resources Management as well,” she said.
Nishanthi Balasingham, an undergraduate in Management at the University of Jaffna said the Commercial Bank scholarship and the laptop would have a life-changing impact on her studies.
“The money will help meet the costs of boarding and food, and I have never had a computer of my own,” she said. “I am now much better equipped to pursue my degree.”




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