Co-operative Bank Group Managing Director and CEO Dr. Gideon Muriuki.[Photo/Nation]The final list of selected beneficiaries of this year’s annual intake of 655 gifted but needy students from across the country who will join Co-operative Bank Foundation Scholarship Scheme has been released.
This year's Co- operative intake of 655 Form One beneficiaries is the largest secondary education scholarship scheme in Kenya today. The bank’s Group Managing Director and CEO Dr. Gideon Muriuki said, “Of the 655 new scholarships to Form One students, 420 were awarded by the bank’s Regional Delegates’ Forums and the remaining 235 scholarships, at 5 per county, awarded by County Governments in all the 47 counties.” The bank is educating a total of 159 students, selected from the top performing beneficiaries of the secondary school scholarships, through their entire university education.The scholarships are awarded on merit to gifted but needy students from all regions of Kenya.Dr. Gideon Muriuki further added, "Our scholarship beneficiaries are selected at the grassroots level by Co-operative Societies across the country through a well-established national delegates system.“At the banks' head office, our role is to process payments to the schools and monitor the students’ performance through the four years in secondary school. The top 28 in the Form Four examination each year are granted an additional full scholarship for their university education.” University scholarships are awarded to the best performing students from each region.