NCB Foundation lauds the Jamaica Gleaner’s annual scholarship publication – Scholarships To Go, which will be available tomorrow, Tuesday, May 1, 2018. As one of the Jamaica Gleaner’s ‘Scholarships To Go’ major sponsors and one of Jamaica’s largest scholarship donor, the NCB Foundation continues to contribute over J$40 million in tertiary and secondary education financing initiatives.
With $40 million set aside to cover grants, bursaries and scholarships to primary- and tertiary-level students this year, the NCB Foundation is easily one of the biggest providers of scholarships for Jamaican students and their families who are in need of assistance to continue their studies.
But, despite the amount that is spent annually, it is not nearly enough to provide scholarships for the approximately 10,000 tertiary-level hopefuls who apply each year, according to Jamilia Crooks, the programmes administrator at the NCB Foundation.
“One of our major areas of focus at the foundation is education. We have three areas of remit, but education is what takes up more than 65 per cent of our budget,” Crooks disclosed.
It’s with education in mind that the foundation is back on board as a major sponsor of The Gleaner‘s eagerly awaited Scholarships To Go feature, which becomes available on May 1.
According to Crooks, tapping into the sponsorship of Scholarships To Go was a natural extension to the foundation’s marketing drive to make more Jamaicans aware of its offerings. She observed that Scholarships To Go was “something that people really look forward to and they anticipate to see opening dates, bursary amounts, programmes that we (NCB Foundation) would be supporting and that kind of thing. So we use this (sponsorship) as a primary means to get the word out”, Crooks explained.
The programmes administrator said scholarship recipients are drawn from the University of the West Indies, University of Technology, the teachers’ colleges, Caribbean Maritime University, and the Edna Manley College for the Visual and Performing Arts.
From roughly 10,000 applications, the NCB Foundation, which is part of the National Commercial Bank, offers 14 parish scholarships. A bursary of $300,000 is offered annually for students pursuing what are deemed to be ‘traditional programmes, while $250,000 is offered for ‘non-traditional programmes’. The amounts are offered for the duration of the various programmes.
From roughly 10,000 applications, the NCB Foundation offers 14 parish scholarships. A bursary of $300,000 to ‘traditional programmes, & $250,000 to ‘non-traditional programmes’ for duration of the programmes
Additional Awards From NCB Foundation
Crooks told The Gleaner that each August, two of the 14 recipients stand a chance of being selected national champions. These recipients are given an additional $200,000 towards their studies.
In terms of grants offered to primary- school students, Crooks said these are in the amounts of $10,000, $15,000 and $20,000, and are one-off bursaries.
Meanwhile, she was full of praise for NCB Chairman Michael Lee-Chin, whose vision she said made the scholarship programme possible. “That’s why we invest so much in education, because he wants to see an average Jamaican child being able to have the opportunity to attend university,” she said.
She told The Gleaner that three broad criteria are used to select from the thousands of applications received each year. These are academic performance, community involvement and household need.
“Every year, we get a lot of applications from people who really want to go to school. They are doing really well, but they just don’t have the resources,” said Crooks.
She continued: “A component of our scholarship programme is that we actually go to their houses to surprise them and their parents when they actually become the parish champion. It’s a very rewarding thing because sometimes when we go to the houses they live in and see the dilapidated conditions, some of them don’t have food, but then they’re doing so well in school. We see them on paper initially, because at the outset they are just an applicant … but when we actually get to know them and really know their stories it’s a very rewarding feeling,” said the programmes administrator.
“This is a programme that we really cherish at the foundation and most of our scholars, they always give back to society; and they always turn out to be successful and end up contributing to nation building in all spheres of life since 2008, when the programme started, until now,” she added.
Crooks said the amount of money the foundation receives is based on the profitability of the bank each year and when persons swipe their KeyCards. Like other sponsors, Crooks is urging other corporate entities to become involved as there is a “great need for scholarships and there are many bright and needy students just waiting for an opportunity to continue their education.”
About NCB Foundation
NCB Foundation was formalised in 2003 as the philanthropic arm of the country’s largest home-grown bank – National Commercial Bank Jamaica Limited.
The NCB Foundation continues to invest in scholarships at the primary, secondary and tertiary levels and funds various educational programmes across the island. We focus on improving the physical conditions of schools so that students need a safe and healthy environment that is conducive to learning.
With education as it primary strategic focus, the N.C.B Foundation provides individual financial assistance to students through a Scholarships and Grants programme. Students pursuing studies in local institutions from the primary to tertiary level can benefit from this programme and for the 2017/18 academic year, over $40M is available. Successful applicants will receive financial benefits under the categories of Traditional or Non Traditional Programmes.
Applicants must meet the following criteria:
- Be a Jamaican Citizen.
- Have a letter of acceptance to an accredited undergraduate degree programme in Jamaica or a regional campus of the University of the West Indies OR
- Be a registered student in a local institution at the primary or secondary level
- Maintain full-time student status during the length of the programme (where applicable).
- Must show:
- High academic performance/grades in school exams, CXC, CAPE etc.
- Demonstrated community spirit (including but not limited to):
- Membership in an established youth club
- Involvement in a service club
- Voluntary community service or school involvement
- Must have demonstrated financial need.
Source: Jamaica Gleaner