Ceylinco Life to award 160 schols

One hundred and sixty scholarships to the value of Rs 8.3 m will be awarded to students and young people from all districts at the 12th round of the annual 'Ceylinco Life Pranama' scholarships presented by Ceylinco Life.

The company's flagship policyholder rewards initiative in education has benefited more than 1,461 'future leaders' since the first awards ceremony in January 2002, with scholarships totalling Rs 44m.

A spokesman for Ceylinco Life said that it had commenced the collection of applications from eligible students in all districts, and will close applications on November 30, 2012 for the scholarships presentation in January 2013.

"The Pranama scholarship scheme continues to be one of the most valuable benefits that accrue to our policyholders," Ceylinco Life's Director and Deputy CEO, Thushara Ranasinghe said.

"However, its impact transcends that of a normal customer rewards scheme because of the size of our policyholder base and our islandwide reach, which ensure that the benefits of the scheme reach a representative segment of the populace."

"Ceylinco Pranama scholarships are presented to policyholders' children who achieve the best results in their districts at the Year 5 scholarship examination, the GCE Ordinary Level, the GCE Advanced Level or those who excel at the national or international level in sports, culture, arts, drama or invention", he said.