1,000 top performers to benefit from Equity study grant
Bishop Paul Wanjohi prays for 16 pupils who were selected as beneficiaries of the 'Wings to Fly' scholarship programme by Equity Bank Foundation in Nyeri town on January 2, 2018. Photo | JOSEPH KANYI | NMG
The 9-year old ‘Wings To Fly’ Programme has benefitted 15,168 students so far.
15,000 needy children applied for this year’s scholarships.
Equity CEO urges government to enhance tax benefits for local companies that offer scholarships.
Equity Bank #ticker:EQTY has awarded 1,000 secondary school scholarships to top performing boys and girls from the 47 counties.
The 9-year old ‘Wings To Fly’ Programme, funded by The MasterCard Foundation with support from German’s KfW and Equity Group, has benefitted 15,168 students so far.
15,000 needy children applied for this year’s scholarships.
Equity Group chief executive, James Mwangi, on Thursday urged the government to enhance tax benefits for local companies that offer scholarships and paid internships for young trainees undertaking academic and technical courses at local institutions.
Mr Mwangi also said more funds should be channelled to improving infrastructure in day secondary schools to enable them to compete at par with national schools which have enjoyed higher cash allocations for development.
Education Secretary Fred Matiang’i said the government would soon establish a fund to enable bright but needy children who excel in national examinations to join schools of their choice.
Mr Mwangi said 1,309 beneficiaries of the programme who sat for last year’s Kenya Certificate of Secondary Education scored C+ and above, which is the university entry level.
Equity Group chairman, Peter Munga, urged more companies to set aside scholarship funds.
