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KCB Foundation Gives 1,000 Students Scholarships

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KCB Foundation Gives 1,000 Students Scholarships

By Soko Directory Team / Published January 24, 2023 | 11:55 am

KEY POINTS

The distribution is as follows; ASAL region has 240 slots, Central region has 91, Coast region has 119, Great Rift has 157, Lake region has 54, Lower Eastern has 64, Nairobi has 70, Nyanza has 63, Upper Eastern has 53, and Western region with 88 slots.

KEY TAKEAWAYS

For this cohort, KCB Foundation received more than 10,000 applications, the highest since the program’s inception in 2007. The 2023 class will form the 16th cohort of the scholar’s program, including the 1,962 students currently in school.

Beginning with last year’s class, all the high school beneficiaries who sit the KCSE examination receive 100 percent of school fees support through tertiary scholarships.

KCB Foundation has given scholarships to 1,000 needy students who sat for the 2022 Kenya Certificate of Primary Education (KCPE) examinations to join various secondary schools countrywide.

This follows the completion of a nationwide exercise to identify deserving students from vulnerable and marginalized families, with 100 slots allocated to Persons with Disabilities and 50 percent to girls.

The Foundation has set aside KShs.100 million for the scholarship program which will go to paying tuition fees for the four years of secondary school and paying for uniforms, transport, set books, regular mentorship sessions, and psychosocial support.

The distribution is as follows; ASAL region has 240 slots, Central region has 91, Coast region has 119, Great Rift has 157, Lake region has 54, Lower Eastern has 64, Nairobi has 70, Nyanza has 63, Upper Eastern has 53, and Western region with 88 slots.

KCB Group Director, Marketing and Communications Rosalind Gichuru said: “Education is one of the pillars of our social impact agenda. It is one of the ways through which an individual can improve their quality of life and access opportunities. We, therefore, seek out academically gifted but needy learners and embark on a journey with them through this scholarship program. We do this by going beyond paying tuition fees to provide mentorship and later, apprenticeship at our branches.”

Ms. Gichuru said the Foundation’s focus is on learners who are vulnerable because of marginalization, difficulties arising from orphanhood, disability, or harmful cultural practices as well as gender or disability.

“We are keen on going all the way with the students who receive the scholarship so that by the time they enter the world of work, they are prepared and equipped with the skills and experience needed to make it in a quickly-evolving world,” she added.

For this cohort, KCB Foundation received more than 10,000 applications, the highest since the program’s inception in 2007. The 2023 class will form the 16th cohort of the scholar’s program, including the 1,962 students currently in school.

Beginning with last year’s class, all the high school beneficiaries who sit the KCSE examination receive 100 percent of school fees support through tertiary scholarships.

The revamped KCB Foundation education scholarship program is also a pathway to employment. Starting with the 2022 class, beneficiaries go for 3-month apprenticeships at KCB branches across the country after the release of the results of the KCSE.

Related Content: KCB Group Now Owns 85% Of Trust Merchant Bank SA

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory
and on Twitter: twitter.com/SokoDirectory

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