116,000 scholarships are to be awarded for the year 2024 under the “Presidential Scholarship Program”, which is implemented according to the concept of President Ranil Wickremesinghe, for the upliftment of the education of the children of the underprivileged.
Accordingly, Rs. 824 million have been allocated for the scholarship program, which will provide Rs. 6000 per month for 24 months to 6000 students studying for their G.C.E. (A/L)s. Additionally, Rs. 3600 million have been allocated for a scholarship program that grants Rs. 3000 per month for 12 months to 100,000 students from grade 1 to grade 11.
In addition, Rs. 288 million has been allocated for the scholarship program offered to student monks, Sheela Matha, and lay students studying in Piriven and Sheela Matha educational institutes. Furthermore, Rs. 720 million has been allocated for the scholarship program jointly offered by the Regulatory Commission and the President’s Fund for students studying telecommunication as a subject for the G.C.E. (A/L) examination.
Accordingly, in addition to the existing scholarship programs, more than Rs. 5000 million will be allocated to students for these scholarship programs.
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