Stanbic IBTC University Scholarship for JAMB Candidates

Eligibility Criteria

• The Stanbic IBTC University Scholarship (The “Scholarship”) by Stanbic IBTC Holdings PLC (“Stanbic IBTC”, “we” or “us”) is only available to Applicants (“Applicants”, “They” or “You”) who:
  • reside in Nigeria and participated in the 2020 University Tertiary Matriculation Examinations (UTME) conducted by the Joint Admission and Matriculation Board (JAMB)
  • have a score of 200 and above in JAMB
  • have gained admission and have been properly enrolled in a Nigerian Federal or State University (“University”) with relevant evidence
• The Scholarship is awarded on the basis that you will maintain an enrolled status at the University in your admitted degree programme
• The Stanbic IBTC University Scholarship does not apply to employees of Stanbic IBTC and/or their immediate family members, where there are entries by employees of Stanbic IBTC or their immediate family members, it will not be rewarded.
• Stanbic IBTC reserves the right to decline participation in the Scholarship for any applicant at their discretion.

To retain your scholarship, successful applicants must:

• Maintain an enrolled status in their respective Universities in the Degree programme they were admitted for
• Adhere to the academic and administrative polices of the University and annually provide a Letter of good conduct issued by their respective department
• Maintain a Cumulative Grade Point Average (CGPA) of second class upper (a CGPA of at least 3.5 in a CGPA system of 5 points, at least 3.0 in a CGPA system of 4 points, at least 4.6 in a CGPA system of 7 points). Evidence of same must be provided at the beginning of every academic year before scholarship payment can be made.
• Meet any other additional criteria which would be communicated to you through email
• At the end of each academic year for the duration of your scholarship, you will be asked to provide a report detailing how the scholarship funds have been spent. It is the responsibility of the Successful applicant to provide this report at the specified time advised by Stanbic IBTC. Failure to return reports by the specified time, without reason, may result in future payments being withheld.

Offered Benefits

• The Scholarship will only be awarded to 100 Applicants spread across the 36 States of the federation and FCT with a minimum of 2 Applicants per State.
• The Scholarship will be offered on a first come, first serve basis until the 100 slots are allocated.
• Scholarships will only be awarded to applicants that follow the instructions and meet all the eligibility criteria.
• Winners will only be contacted through the valid email address they provide.

Applicants who plan on studying courses related to the “Future of work” will be an added advantage (for example Data Science, Business Analytics, Economics, Accounting, Finance, IT and so on). Where an Applicant applies more than once/multiple times, they shall still be entitled to only one Scholarship slot. The decisions of Stanbic IBTC are final in all matters relating to the Scholarship.

Application Process

• Entry applications for the Scholarship is open to applicants from 1st September, 2020 to 24th October, 2020, no application shall be accepted after the entry/application expiration date
• By applying, you indicate your full and unconditional agreement to, and acceptance of, the rules/terms and conditions (as may be amended, supplemented or novated), which are final and binding on all the applicants. Winning/receiving a scholarship is contingent upon you meeting all the eligibility criteria, fulfilling all the requirements and complying with all the conditions.