Stanbic Bank, UNICAF launch scholarship fund to empower Ugandan students
Stanbic Bank, UNICAF launch scholarship fund to empower Ugandan students

KAMPALA, Uganda — Stanbic Bank Uganda has partnered with UNICAF, a global educational platform, to establish a new scholarship fund designed to empower Ugandan students. The initiative will provide scholarships covering up to 82% of tuition fees for those pursuing bachelor’s and master’s degrees, both within Uganda and internationally.
Launched on Monday, this strategic collaboration is a key part of Stanbic Bank’s ongoing efforts to broaden access to higher education and support youth development across Uganda. It aims to benefit both online and in-person learners.
“This is one of many initiatives we are undertaking to support Ugandan youth and transform higher education by enabling more students to pursue their academic dreams despite financial constraints,” stated Israel Arinaitwe, Stanbic Bank’s Head of Personal Banking.
UNICAF works with reputable universities globally, offering accredited programs through a blended learning model that combines online and on-campus study. The new scholarship program will give eligible students access to globally recognized degree programs while significantly easing the financial burden on families.
Beyond university-level studies, the partnership also extends to short, skills-based training programs in areas such as computer programming, leadership, and marketing. These are specifically tailored for secondary school students from Senior Two to Senior Six (S2-S6), aiming to equip them with future-ready competencies at an earlier age.
“The program’s reach extends to high school learners whose eligibility is linked to having an active Stanbic Bank account, either personally or through their parents,” explained Moses Turyagumanawe, a representative from UNICAF.
Stanbic Bank emphasized that this partnership aligns with its broader “Stanbic for Education” campaign, which champions various education-focused initiatives, including student financing, school development, and teacher capacity-building.
Interested students and parents are encouraged to visit their nearest Stanbic branch or the UNICAF website for more details on application procedures and available course options.
This initiative comes at a crucial time for many Ugandan students who continue to face rising tuition costs and limited access to quality tertiary education, factors that have historically contributed to high dropout rates and limited professional opportunities for young people. Stanbic and UNICAF are committed to bridging this gap by offering flexible, affordable learning pathways that empower the next generation with globally relevant knowledge and skills.



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