St. George's, Grenada; February 19, 2014: Republic Bank is pleased to continue supporting the development of young people through education.
Bursaries totaling $20,250 (Twenty Thousand, Two Hundred & Fifty Dollars), were paid to sixteen (16) students pursuing studies through the University of the West Indies - Grenada Open Campus. The payment covered tuition for semester II, Academic year 2013/2014. Total disbursement for the academic year is $39,690.00
On making the presentation, the Managing Director congratulated the recipients for the progress they have made so far, and wished them further success as they continue towards their goal of educational advancement, which will redound to the benefit of themselves and of Grenada.
Since its launch in 2007, the Republic Bank Bursary programme has assisted Grenadians pursuing higher learning, while remaining at home. This programme is in addition to the Bank's UWI Scholarship, which was introduced more than thirteen (13) years ago, and is made available to assist one (1) qualified Grenadian pursuing a Bachelor's Degree full time at any of the UWI campuses in the region.
Republic Bank takes very seriously its social responsibility in providing support for the youth through, education, sport and culture. Eligibility for both Scholarship and Bursary is based on academic ability and financial need.