FG increases scholarship grants by 50%, earmarks N6b<\/p>\n
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The Federal Government has approved a 50 per cent increase in scholarship grants across all academic levels as part of a major overhaul of its national scholarship programme.<\/p>\n
Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday during a high-level meeting with officials of the Federal Scholarship Board in Abuja.<\/p>\n
Alausa noted that the initiative aligns with President Bola Tinubu\u2019s Renewed Hope Agenda and national aspirations to transform Nigeria into a $1 trillion economy through strategic investment in education. Nigerian Airways plane modelsAbuja Formula 1 Grand Prix tickets<\/p>\n
\u201cAs part of President Bola Tinubu\u2019s Renewed Hope Agenda, the revamped scholarship programme is aligned with efforts to position Nigeria as a $1 trillion economy by prioritising education in Science, Technology, Engineering, and Mathematics, Medical Sciences (STEMM), and vocational training.<\/p>\n
\u201cTo address rising education costs and ensure equitable access to quality learning, scholarship amounts across all levels have been increased by 50 per cent.<\/p>\n
\u201cPhD students will now receive N750,000 annually (increased from N500,000), Master\u2019s students N600,000 (increased from N400,000), and undergraduate, HND, and NCE students will receive N450,000 annually (increased from N300,000),\u201d he added. Nigerian Airways plane models<\/p>\n
The minister said these increases apply to all major scholarship programmes, including the Nigerian Scholarship Award.<\/p>\n
He explained that, as part of the restructuring of the Bilateral Education Agreement (BEA) scheme, existing beneficiaries would continue to receive their awards, while the funds initially allocated for new awardees have been redirected to introduce two new scholarship categories. Nigerian Airways plane models<\/p>\n
\u201cThe first targets students in public polytechnics enrolled in STEM and vocational programmes, with N1 billion allocated to support them.<\/p>\n
\u201cThe second category is dedicated to students studying Medicine, Dentistry, Nursing, Pharmacy, and Physiotherapy in public universities, also supported by a N1 billion fund,\u201d he said.<\/p>\n
According to him, both scholarship streams are financed through a strategic reallocation of the BEA budget, now redirected to address critical national education priorities.<\/p>\n
\u201cA revised allocation framework has also been introduced to ensure fair and impactful distribution of scholarships.<\/p>\n
\u201cUnder the new structure, 50 per cent of awards will be allocated to undergraduate students, 25 per cent to Masters, and 25 per cent to PhD candidates.<\/p>\n
\u201cWithin each tier, 70 per cent of awards will prioritise STEMM disciplines, while 30 per cent will support Social Sciences,\u201d he added.<\/p>\n
He further stated that, in a milestone effort to promote inclusivity, 5 percent of all scholarships would be reserved for students with disabilities.<\/p>\n
The reforms, he said, are expected to benefit over 15,000 students through the Nigerian Scholarship Award, the Education Bursary Award, and the restructured BEA scheme. Nigerian Airways plane models<\/p>\n
\u201cImplementation will be coordinated by the Federal Scholarship Board in partnership with an Inter-Ministerial Committee chaired by the Permanent Secretary of the Ministry of Education.<\/p>\n
\u201cThe committee includes representatives from the National Assembly, Federal Character Commission, Ministry of Women Affairs, and other key stakeholders to ensure transparency, fairness, and compliance with national policy,\u201d he said.<\/p>\n
Alausa emphasised that the initiative was beyond educational funding and represents a deliberate strategy to cultivate the human capital required for Nigeria\u2019s long-term transformation. Nigerian Airways plane models<\/p>\n
He said the scholarship has a combined budget of N6 billion for the 2025\u20132026 cycle, to enhance national investment in youth development.<\/p>\n
He said the reforms are aimed at reducing the financial burden on students and supporting inclusive national development, while also aligning education investments with the country\u2019s long-term economic goals.<\/p>\n
\u201cThis reform is designed to enhance merit-based access, improve economic relevance, and foster inclusivity, while significantly increasing financial support to students at all academic levels,\u201d he said.(The Guardian)<\/p>\n","protected":false},"excerpt":{"rendered":"
FG increases scholarship grants by 50%, earmarks N6b The Federal Government has approved a 50 per cent increase in scholarship grants across all academic levels as part of a major overhaul of its national scholarship programme. Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday during a high-level meeting with officials of the […]<\/p>\n","protected":false},"author":4,"featured_media":147464,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[248,18,20],"tags":[],"class_list":{"0":"post-147463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education","8":"category-news","9":"category-the-nation"},"yoast_head":"\n