Stanbic IBTC Scholarship 2024 for Nigerian Undergraduates

The Stanbic IBTC Scholarship program is an extension of a long-standing dedication to helping young people in Nigeria achieve their goals. The stanbic IBTC bank has a number of initiatives over the years, including the Higher Institution Football League (HIFL) and the Youth Leadership Series (YLS). The primary goal of the Stanbic IBTC Scholarship program is to reward academic performance and hard work among Nigerian undergraduates. Students who took part in the 2023 Unified Tertiary Matriculation Examination (UTME) and were accepted into any state or federal university in Nigeria are eligible to apply for this award.

The chief executive of Stanbic IBTC Holdings PLC, Dr. Demola Sogunle, emphasizes how important education is to the lives of young people in Nigeria. He says, “Education empowers and motivates young people to face problems and get ready for the future. Any country or organization can expand and thrive sustainably with the help of education.”

Stanbic IBTC Scholarship

Application Deadline 30 – 06 – 2024
Country of StudyNigeria
Funding type Partially funded
Scholarship forUndergraduates
SponsorStanbic IBTC Bank
Gender Both male and female

Benefits of Stanbic IBTC Scholarship 

Over the course of four academic years, 100 Nigerian students will have their ambitions and aspirations supported by the N40 million Stanbic IBTC Bank Scholarship fund. This award offers recipients complete financial support by paying for their living and educational expenses in full. The grant helps students focus on their education and personal growth by reducing financial obstacles. This four-year program guarantees consistency and ongoing academic success.

Requirements for the scholarship

The Stanbic IBTC Bank Scholarship is intended for new Unified Tertiary Matriculation Examination (UTME) applicants. To be considered for this distinguished award, applicants must complete the following requirements: 

Minimum UTME Score: Candidates must have scored at least 250 in the 2023 UTME. This high-score condition ensures that scholarships are offered to individuals who have exhibited extraordinary academic abilities. 

Admission Status: Eligible candidates must have been accepted into any Nigerian state or federal university for the 2023/2024 academic year. This criterion ensures that the scholarship benefits students who are prepared to begin their higher education path.

Application Documents for Stanbic IBTC Scholarship 2024

To apply for the Stanbic IBTC Bank Scholarship, applicants must submit the following documents: 

  • Recent Passport Photograph: A clear, recent passport-sized photo of the applicant. This photograph will be used for identification throughout the application and scholarship processes. 
  • Valid ID: Applicants must present a valid form of identification. Acceptable types of identification include: NIN slip, 
    • Voter’s card
    • Birth certificate
    • International passport. 
  • 2023 UTME Result: A copy of the 2023 Unified Tertiary Matriculation Examination (UTME) results, with a minimum score of 250. This certificate confirms that the candidate met the academic requirements for the award.
  • O’Level Results: Proof of earning at least five credits in the O’Level examinations (WAEC, NECO, or GCE). This must include credits in mathematics and English language. Applicants must submit either a valid Statement of Results or an official Certificate. 
  • JAMB or University Admission Letter: Please provide a copy of your JAMB or university admission letter. This is a prove that shows that the candidate has been admitted to a Nigerian state or federal institution for the academic year 2023/2024.

Steps to Apply for the scholarship

Interested and qualified candidates can apply for the Stanbic IBTC Bank Scholarship by following these steps:

  • Go to to apply.
  • Fill out the online application form and upload all required documents.
  • You will receive an on-screen confirmation of successfully submitting your application.

Note: Only shortlisted applicants who successfully meet the selection criteria will be contacted.

For more details, visit the Stanbic IBTC website.

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