In celebration of the National Commercial Bank’s 175th anniversary, the financial Group through its Foundation has committed $21M towards awarding over 200 students with scholarships and grants at the primary, secondary and tertiary level, of which 175 is to be disbursed to tertiary level students.
“As we celebrate 175 years of service to the Jamaican people, we find it most fitting to extend a big thank you to our nation by awarding 175 young people scholarships and grants to pursue their tertiary studies” expressed Belinda Williams, Manager, NCB Group Corporate Communications.
Williams emphasized that, “NCB‘s commitment to the advancement of education continues to be a major focus of the Group’s corporate social responsibility programme. Since the formalization of the NCB Foundation in 2003, NCB has been dedicated to enriching the lives of our nation’s youth by investing in their education.” NCB’s scholarship programme primarily assists students who show an unwavering commitment to their education, despite financial challenges.
Among the 175 tertiary students being awarded, pupils representing our country’s fourteen (14) parishes will be awarded scholarships valued at a maximum of $250,000 each per annum for the period of their academic studies. Moreover, out of the selected Parish Champions, the top boy and top girl will receive the All Island Champion award valued at a maximum of $500,000 each, per annum, for the period of their academic studies. Both scholarships are awarded based on high academic performance, a demonstration of community spirit and leadership abilities. Returning Parish Champions will also be included in the 175 tertiary scholarships to be awarded. In addition, over 120 students at the tertiary level including twenty-eight (28) students pursuing teaching degrees will be awarded Grants valued at $50,000 each which will cover tuition fees, and books.
The NCB Foundation largely supports the development of education by awarding scholarships to hundreds of Jamaican students with the primary focus of assisting students to obtain a tertiary level education. Since the formalization of the NCB Foundation in 2003, NCB has spent more than $200m on providing educational opportunities through various programmes and partnership The results include giving more than 1000 students the opportunity to obtain a tertiary education and the payment of CXC/CSEC POA and POB examination fees for high school students across the Island to sit the examinations free of cost.