Stanbic IBTC awards 200 UTME high achievers ₦160 million University Scholarship
Stanbic IBTC awards 200 UTME high achievers ₦160 million University Scholarship
Stanbic IBTC Holdings, a subsidiary of Standard Bank Group, has announced the 2025 edition of its prestigious University Scholarship Programme. The programme will award full-tuition scholarships to 200 exceptional students who perform well in the Unified Tertiary Matriculation Examination (UTME).
The 2025 programme represents a significant ₦160 million investment in Nigeria’s educational future, with each selected scholar also receiving ₦800,000 in a dedicated trust fund to support their long-term financial growth alongside their academic journey.
Kunle Adedeji, Acting Chief Executive, Stanbic IBTC Holdings, emphasised the organisation’s steadfast commitment to educational development as a cornerstone of national progress.
“Education remains the most powerful catalyst for transformation, both for individuals and for our nation. Through our scholarship programme, we’re not simply funding tuition—we’re investing in Nigeria’s future leaders, innovators, and change-makers who will shape the trajectory of our country for decades to come,” Kunle stated.
Now in its seventh year, the Stanbic IBTC University Scholarship Programme has supported 590 students since its inception in 2019. The initiative aligns with the organisation’s strategic focus on sustainable community investment, particularly in education and human capital development.
Highlighting the importance of education, Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, said:
“Education is the bedrock of development, and investing in the next generation of leaders is crucial for Nigeria’s growth. Initiatives like this university scholarship program are essential in empowering young minds to achieve their full potential and contribute meaningfully to society” Wole Stated.
The selection process maintains the high standards established in previous years, with recipients chosen based on their UTME scores, academic history, and leadership potential. The programme ensures gender balance among beneficiaries and supports students across diverse academic disciplines and institutions nationwide.
Eligible candidates must be Nigerian citizens who have taken the 2025 UTME examination and received admission into a Nigerian university for undergraduate studies. For more detail, visit https://www.stanbicibtc.com/nigeriaholdings/Stanbic-IBTC-Holdings/why-we-matter/our-sponsorships/education/stanbic-ibtc-university-scholarship
