OPay Introduces ₦1.2 Billion Scholarship Program for Nigerian University Students Over a Decade
OPay's Scholarship Initiative: OPay launched a 10-year ₦1.2 billion scholarship program at the Empowering Futures Conference 2025, aimed at supporting exceptional students in Nigeria's tertiary institutions by covering full tuition fees and promoting educational equity.
Selection Process and Partnerships: The program involves a transparent selection process in collaboration with 20 Nigerian universities, focusing on academic excellence and financial need, ensuring that deserving students receive the necessary support.
Direct Financial Support and Follow-Up: Funds are directly transferred to students' accounts to minimize administrative hurdles, with OPay committing to follow-up support to ensure the funds are effectively utilized for educational purposes.
Broader Impact and Future Plans: The initiative not only alleviates tuition burdens for 420 students in its first year but also includes skill-building opportunities, with plans for scalability and mentorship networks to further enhance the educational landscape in Nigeria.
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