I&M, Strathmore give out scholarships worth Sh29mnFebruary 5, 2020
NAIROBI, Kenya, Feb 4 – I&M Bank Foundation has partnered with Strathmore University to offer 15 Needy Students who scored B plus and above with scholarships worth more than Sh29 million.
The scholarship fund will comprise of Tuition and Accommodation fees for the needy ones who would want to undertake degree programs in Law, Commerce, Financial Engineering, Financial Economics, Actuarial Science, Informatics and Computer Science, and Communications.
I&M Bank Foundation’s Chairman Suresh Shah urged the students to take advantage of the opportunity granted to them to build their future and impact society.
“I encourage you to study hard and set good examples to your friends, make your parents proud through this chance that you have,” said Shah.
Vice-Chancellor Designate Strathmore University Vincent Ogutu added that the school will also help the students acquire social skills to be applied in their daily lives.
“We will seek to ensure that the 15 scholars not only get a well-rounded education but will also be inculcated with values of the pursuit of common good above personal good, and service above material wealth,” Ogutu said.
The fund was set up to create more opportunities at the Strathmore Institute of Mathematics and Sciences, to offer degree programs in Actuarial Sciences, Finance and Financial Economics geared towards building capacity in the financial sector.
So far, 20 scholars have benefited from this partnership, since its launch.
The program also includes internships at the Bank through the Management Trainee program.
The Bank’s staff members will, in addition, provide peer to peer mentorship programs for the scholarship’s beneficiaries.