The Hope Team @ Inauguration |
The
scheme has the following components:
1.
Student's
Work Scheme: This is
conceived to engage some students for not more than two hours a day in doing productive work for
the University. In return, such student under this segment would be paid a
monthly stipend of N10, 000.00. At
take-off, this would involve 100 students and would cost the University N12, 000,000.00 (twelve million Naira) or
US$80, 000.00 in the first year.
2.
Free
Scholarship Category: This
would involve a grant of N30, 000.00 a
year to the students under
this segment or US$200 equivalent for 200 students. The students under this category should have a CGPA of 3.50
and above in a 5.0 scale rating. This
would cost the University N6,
000,000.00 (Six million Naira) or US$40, 000.00 equivalent in the first year.
3.
Financial
Assistance/Interest Free Loan Category: This category would involve setting aside N20,
000.00 (Twenty thousand Naira) or US$120 equivalent per student per year for 200 students in the first year,
as loan. This would add up to
N4, 000,000.00 (Four million Naira) or
US$25, 000.00 equivalent per year to the University.
The
University intends to use a rigorous but completely transparent process to select students who will benefit from the scheme. This is
basically to cater for the welfare of the students of the University of Uyo. The
University is calling upon stakeholders, staff, students and the general public to support this very modest beginning which can give hope to a good number of our financially less
endowed students.
The
dedicated account number to pay in your donation is:
WEMA
Bank
Account
Name: UNIUYO Students’ Support Scheme
Account
Number: 0122412857
Sort
Code: 035011158.
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