Stanbic IBTC Launches Scholarship Program for 2023/2024 Academic Year

Stanbic IBTC Launches Scholarship Program for 2023/2024 Academic Year


By AmforGod J. Olisa

Stanbic IBTC has announced the launch of its scholarship program for the 2023–2024 academic year, aimed at supporting the educational development of exceptional Nigerian youths.

The initiative will award scholarships to 200 new university students nationwide, reaffirming the company’s commitment to education and providing opportunities for outstanding students to achieve their academic dreams.

Building on the success of previous editions, this year’s program targets students who have demonstrated academic excellence. To qualify, students must have a UTME score of 250 or higher, at least five credits in O’Level (WAEC or NECO), and proof of admission into a Nigerian university.

The scholarship aims to alleviate the financial burdens on parents and inspire beneficiaries to excel in their studies and other pursuits.

Stanbic IBTC has also announced that the award ceremony will be a hybrid event, allowing participants to join either physically or virtually. This inclusive approach ensures that students, parents, and stakeholders from all regions can partake in the celebrations.

Dr. Demola Sogunle, Chief Executive of Stanbic IBTC Holdings, emphasized the importance of the initiative in a statement made available to newsmen in Lagos. He highlighted that the scholarship program aligns with Stanbic IBTC’s belief in the transformative power of education.

“Our commitment to this cause is clearly demonstrated through our scholarship program, which is designed to nurture and develop the potential of Nigeria’s youth,” Dr. Sogunle said. “Our mission is to provide these talented individuals with the resources and support they need to excel academically. We encourage eligible students to apply for the scholarship, as this step may be the key to unlocking their academic goals.”

Applications for the scholarship are now open and will close on Sunday, June 30th. Interested students can find more details and apply at

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