Sterling Bank unveils first 30 beneficiaries of N2bn scholarship

Sterling Bank has announced the first 30 beneficiaries of its N2 billion ‘Beyond Education’ scholarship, a nationwide initiative aimed at funding university education for 600 exceptional young Nigerians and connecting them to careers in high-impact sectors.

The scheme, launched in June 2025, is the Bank’s most ambitious education-focused intervention to date and is designed to cover full undergraduate tuition at Miva Open University, Nigeria’s first licensed private online university, and Hillside University of Science & Technology, a STEM-focused institution located in Ekiti State.

According to the statement by the bank on Thursday, the announcement marks a significant step in its commitment to long-term national development through strategic investment in human capital.

“This is more than a scholarship. It’s a national development strategy. We’re closing the gap between education and employability. Our mission is to prepare young people for the future of work in sectors that matter most to Nigeria’s progress,”said Growth Executive for Consumer and Business Banking at Sterling Bank, Obinna Ukachukwu,

According to the bank, the selection process was community-driven, with account holders of the bank voting for nominees who were then vetted to ensure they met admission requirements at the partner universities.