The results for KCSE 2016 candidates is out and as usual various institutions have lined up scholarships for students who scored A plain, A-,B+ and B plain. If you belong to this group, here are the kind of scholarships you should expect.
UNIVERSITY OF NAIROBI SCHOLARSHIPS
University of Nairobi, being the top university in Kenya, offers competitive scholarships for undergraduate students.
Among the scholarships offered by University of Nairobi include:
The Rockefeller Foundation scholarships
Aga Khan Foundation scholarships
Prof Muriuki Schorlaship
Gandhi Smarak Nidhi Fund Scholarship
DAAD Scholarships
The university will roll out the scholarships before the month of February.
EUROPEAN UNION BURSARY
This is open to final year students in secondary schools to study the following professional courses at Strathmore University in the coming year:
Certified Public Accountant (CPA)
Diploma in Business Management
Diploma in Business Information Technology
Two application forms are sent to each of the top 100 secondary schools in the KSCE ranking. The school selects two top students based on their mock examination performance.
To qualify for the bursary applicants should:
Be capable of achieving a mean grade of B+, as well as a B+ in English and a B+ in Mathematics in the KCSE examinations.
Be bright and needy
Have full accommodation fees
Raise 10% tuition fees as the bursary covers 90%
Pay full KASNEB registration and examinations fees for CPA applicants as this is not included in the scholarship
EAST AFRICAN BREWERIES LIMITED FOUNDATION SCHOLARSHIP
This scholarship scheme was started in April 2001 by the EABL Foundation under the Skills for Life programme to invest in bright and needy students by offering full scholarships. The scholarship scheme is open to students who wish to pursue the following degree courses offered at Strathmore University:
Bachelor of Commerce – 3 students per year
Bachelor of Business Information Technology – 3 students per year
MCKINNEY ROGERS FOUNDATION SCHOLARSHIP
This scholarship scheme is an initiative of the McKinney Rogers Foundation, a global consulting firm to invest in bright and needy students by offering full scholarships. The scholarship scheme is open to students who wish to pursue the following degree courses offered at Strathmore University:
Bachelor of Commerce – 1 student per year
Bachelor of Business Information Technology – 1 student per year
Who can apply for EABL and McKinney Rogers Foundation Scholarships.
Selection for EABL and MRF scholarships is made on the basis of outstanding academic results and financial need.
Eligibility Criteria
The scholarship is open to Kenyan students who sat for KCSE in the year predecing the the year of intake and attained a minimum grade of A- .
To apply, a student must fill in an application form that can be and submit it with the following.
Copy of admission letter from Strathmore University
Copy of KCSE Result Slip
Copy of School Leaving Certificate
Letter detailing why you need Financial Aid
Documentation showing financial need
A recommendation from your local Chief.
Upon selection and admission, the successful candidate will be expected to:
Be an SU ambassador
Adhere to the expected SU academic and discipline standards
Maintain an average of 65% and above to remain eligible
Demonstrate leadership qualities, spirit of service and concern for others
Be willing to be actively involved in university events and community service
Application forms are also availble in the local newspapers between May and June of each year and must be submitted to the University before the deadline indicated on the form.
MATHEMATICS CONTEST SCHOLARSHIPS
Strathmore University awards the best form four boy and girl in the country’s top mathematics contests. These top students are awarded a tuition fees scholarship to pursue Certified Public Accountant (CPA), Association of Chartered Certified Accountant (ACCA) or Diploma in Business Information Technology (DBIT).
To qualify for the scholarship applicants should:
Be capable of achieving a mean grade of B+, as well as a B+ in English and a B+ in Mathematics in the KCSE examinations.
Have full accommodation fees
Pay full registration and examination fees for CPA/ACCA applicants, as the scholarship caters for tuition fees only.
Upon selection and admission, the successful candidate will be expected to:-
Be an SU ambassador
Adhere to the expected SU academic and discipline standards.
Be ranked in quarter 1 or 2 to remain eligible
Demonstrate leadership qualities, spirit of service and concern for others
Be willing to be actively involved in university events and community service
SPORTS SCHOLARSHIPS
Since 2006 Strathmore University has been awarding scholarships to candidates who have demonstrated talent in these sports.
Rugby
Hockey
Basketball
Soccer
Handball
Volleyball
To qualify for the scholarship, applicants should:
Attain a minimum grade B in the KCSE examinations
Have an admission letter from Strathmore University
Have full accommodation fees
Be capable of paying a percentage of the fee as the scholarship is partial
Upon selection, the successful candidate will be expected to:
Be an SU ambassador
Attend all important sports related functions in his/her discipline.
Adhere to the expected SU academic and discipline standards.
Maintain an average of 55% and above to remain eligible
Demonstrate leadership qualities, spirit of service and concern for others
Be willing to be actively involved in University events and co-curricular programs.
REBATES
Sports
Strathmore University awards fee rebates to top non-scholarship students who excel in sports annually. Players must have been exemplary on and off the field with an equally impressive disciplinary record.
Family
This rebate is awarded to parents/guardians with 2 or more students undertaking a degree course at the University. The rebate is awarded to the student who performed better in the previous academic year. Application for the Family Rebate is done annually by filling in a Family Fee Benefit Form and attaching copies of birth certificates and academic transcripts and submitting them to the Financial Aid Office.
Bursaries
These are grants based on need and outstanding academic ability and are normally awarded to students who meet additional criteria that may be set by the donor.
I&M BANK SCHOLARSHIP
The I&M Bank as part of their corporate social responsibility awards scholarship to bright and needy students pursue courses at Strathmore University.
Eligibility Criteria
The scholarship is open to Kenyan students who sat for KCSE in the year predecing the the year of intake and attained a minimum grade of A- .
To apply, a student must fill in an application form and submit it with the following.
Copy of admission letter from Strathmore University
Copy of KCSE Result Slip
Copy of School Leaving Certificate
Letter detailing why you need Financial Aid
Documentation showing financial need
A recommendation from your local Chief.
Upon selection and admission, the successful candidate will be expected to:
Be an SU ambassador
Adhere to the expected SU academic and discipline standards
Maintain an average of 65% and above to remain eligible
Demonstrate leadership qualities, spirit of service and concern for others
Be willing to be actively involved in university events and community service
Note: When the next round of scholarship will be available, applicants will be notified through the local dailies.
STUDENT LOANS
Strathmore University offers partial student loans to enable bright and needy students pursue their education.
Strathmore University Student Loan
Eligibility Criteria
To apply for a Strathmore University Student Loan, a student must fill in an application form and submit it with the following.
Copy of admission letter from Strathmore University
Copy of KCSE Result Slip with a mean grade of B+ and above
Copy of School Leaving Certificate
Letter detailing why you need Financial Aid
Documentation showing financial need
A recommendation from your local Chief.
Student must be capable of meeting their full accommodation expenses.
Upon selection and admission, the successful candidate will be expected to:
Be an SU ambassador
Adhere to the expected SU academic and discipline standards.
Maintain an average of 60% and above to remain eligible
Demonstrate leadership qualities, spirit of service and concern for others
Be willing to be actively involved in university events and community service.
SU Loan Terms and Conditions
The loan covers between 50-90% of tuition fees.
Loan repayment period is based on the normal course duration e.g. for a 4 year course, the loan period will be 10 years.
Year 1- 4: the student is pursuing his/her degree at the University. During this period the loan attracts 0% interest rate.
Year 5: the student is given one year after graduating from university to look for a job. The loan will still be at 0% interest rate.
Year 6 -10 and regardless of whether the student has graduated/completed studies, the loan starts attracting an interest rate of 4% on reducing balance per annum. Loan repayment starts from year six.
Early repayments are encouraged before year six.
Strathmore University will give an annual reduction of the loan based on academic merit as shown below:
Average Mark
A
B
C
D
Mark
70%-100%
60%-69.9%
50%-59.9%
40%-49.9%
Loan reduction
60%
30%
10%
0%
Students awarded the loan are required to register with the University’s nominated Credit Reference Bureau (CRB), Higher Education Loan Board (HELB) or any other party contracted by the University.
KIVA LOANS AT STRATHMORE UNIVERSITY
Strathmore University has partnered with KIVA, to offer a unique student loan which enables students to obtain tuition fees and laptop loans. KIVA is an online platform that connects field partners to social investors. Strathmore University is KIVA’s first non-traditional partner specializing in student loans.
The tuition and laptop loans are available to undergraduate degree students in the full-time programme. To be eligible, a student must attend a Kiva Loan information session to understand the loan requirements and application process.
Facts about KIVA loans
Full tuition Loans
This is a long-term 10 year loan that includes a grace period of up to five years. At the end of the grace period, repayments become due on a monthly basis. The borrower is charged an interest rate of 0% during the grace period of the loan, and 4% for the remainder of the loan term. The application process includes an interview with the student, parent/guardian as well as a home visit.
KIVA loan applicants must meet the following criteria:
A minimum of a B+ from national and top provincial schools.
A minimum grade of B from District schools from Nairobi Province central province, Nyanza province, Coast Province, Western province, Eastern Province.
A minimum grade of B- from North eastern province, and specific districts to be listed in North rift, Coast and Eastern Province.
Level of neediness
Upon selection and admission, the successful candidate will be expected to:-
Be an SU ambassador
Adhere to the expected SU academic and discipline standards.
Maintain an average of 60% and above to remain eligible
Demonstrate leadership qualities, spirit of service and concern for others
Be willing to be actively involved in university events and community service.
In addition, the interview panel will look at other abilities that the student may have.
Partial Tuition Loans
These are shorter loans available to continuing students in their 2nd and 3rd year of study facing cash-flow constraints.Fourth year students may apply 12 months before the end of their degree course and must be referred by their faculty/school and mentor. Repayments are due monthly, and the borrower is charged an interest of 4% per annum. The borrower starts making repayments one month after disbursement, in addition, two-thirds of the loan must be paid before the student sits for their final exam. For queries on partial loans, please email kiva@strathmore.edu with the subject as ‘PARTIAL LOANS QUERY’.
Laptop Loans
These are available to 2nd and 3rd year students. Fourth year students may apply 12 months before the end of their degree and must be referred by their faculty and mentor. Repayments are due monthly, and the borrower is charged an interest of 4% per annum. The borrower starts making repayments one month after disbursement. For queries on Laptop loans, please email kiva@strathmore.edu with the subject as ‘LAPTOP LOANS QUERY’.
Currently KIVA Loans are not available for Masters Degree and Evening Course students.
CHINESE SCHOLARSHIPS
The Chinese government offers over 200 scholarships for students who excel in KCSE.These scholarships cater for upkeep, tuition and other miscellaneous expenses.
ICPAK SCHOLARSHIPS
These are scholarships which are issued to individuals who are interested in studying business courses at local universities. They are issued to KCSE students who score above B+.
The post Kenyan Scholarships:Here are Scholarships for KCSE Students Who Scored A, A-,B+ and B plain in 2016 appeared first on Venasnews.