Education

December 07, 2013

MPCB Offers 27 Scholarships for Studies at UTM

To mark its 10th anniversary, the Mauritius Post and Cooperative Bank (MPCB) is offering scholarships to 27 needy students for the academic year 2013/2014 at the University of Technology, Mauritius (UTM).

The scholarships will cost the MPCB Rs 1,3 million. Chariman of MPCB, Dr Diwakur Bundhun explains that the beneficiaries will have to produce excellent results to be eligible for the same scholarship for the following academic year. “The CSR of MPCB has focused on higher education in 2013 as its contribution to reduce poverty through education,” he adds. Dharmanand Fokeer, Director General of UTM, points out that in 12 years since it inception, UTM has seen its student population increased by almost ten times.

However, the tuition fees have remained the same. “UTM is already offering scholarships to bright students. We are thankful to the MPCB to offer scholarships to needy students who otherwise would not have been able to pursue their higher studies,” he says, adding that the government gives grants for the tuition fees of the University of Mauritius (UoM) while UTM receives grants of only Rs 4 million to Rs 5 million enough to cover only the capital expenditures of the institution.

 

 

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