ComBank presents scholarships to undergrads

The Commercial Bank of Ceylon has presented another 50 undergraduates of seven State universities with scholarships and laptops under the Bank's CSR Trust's Sarasaviyata Nawa Saviyak community initiative.

The selected undergraduates will each receive Rs 30,000 a year for the period they spend at university.

This was Commercial Bank's seventh undergraduate scholarship presentation under this program.

It was held at the Bank's Union Place auditorium, and brought the number of such scholarships presented by the Bank to date to 300.

Of the latest batch of scholarship recipients, 33 were female. Ten of the 50 undergraduates are studying Management, six Accountancy, Marketing Management - three, Medicine - three, Finance Management - five, Human Resource Management - four, while four are studying for B.Com degrees.

Recipients of scholarships are chosen with the assistance of the University Grants Commission (UGC).

Being ineligible for Mahapola or any other scholarship program, the number of attempts made at the GCE Advanced Level examination, the number of school-going children in the family, parental income and the distance between the university and the student's home are some of the factors that are taken into consideration in identifying recipients.

The latest batch of beneficiaries were from the districts of Gampaha, Anuradhapura, Galle, Kandy, Matale, Kegalle, Badulla, Monaragala, Ratnapura, Colombo, Polonnuaruwa, Nuwara Eliya, Batticaloa, Hambantota, Ampara, Matara, Puttlam and Kalutara.