NCB Foundation wants schools to apply for bursaries

November 08, 2017
From left: Hector Stephenson, executive director, Overseas Examinations Commission (OEC); Andrew Pairman, deputy chairperson, NCB Foundation; Sen Ruel Reid, minister of education, youth and information; Thalia Lyn, chairman, NCB Foundation; Nadeen Matthews, CEO, NCB Foundation; and Gordon Swaby, director, NCB Foundation, gather to watch as over J$13m is electronically transferred to the OEC, enabling over 3,500 students from 116 schools across Jamaica to sit the CSEC POA/POB examinations free of cost later this year. It is the Foundation's 13th year funding students through its CSEC POA/POB National Bursary Programme.

 

The NCB Foundation is appealing to schools that have qualified to apply for its CSEC Principles of Accounts and Principles of Business (POA/POB) National Bursary before applications close this Friday, November 10.

Launched in 2003, the NCB POA/POB National Bursary, is an annual initiative by the foundation that pays the fees for students sitting those subjects at the Caribbean Secondary Examination Certificate (CSEC) level. Partnering with the Ministry of Education, the bursary provides an additional subsidy to the Ministry's scheme which currently pays for four subjects. Together the programmes provide an opportunity for Jamaican high school students to meet the minimum matriculation requirement for tertiary education, usually five CSEC subjects.

Since inception of the programme, the NCB Foundation has spent more than $154 million for close to 105,000 students.

Secondary school representatives are being encouraged to apply for the bursary via the foundation's online portal for the 2018 examination period. To qualify, schools must have a sit rate of 90 per cent or higher in each subject, while students should have a minimum 70 per cent average in their subject of choice. All new schools that is schools where candidates are sitting CSEC POA and/or POB for the first time automatically are eligible.

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