Stanbic IBTC Holdings PLC

Partially funded

Stanbic IBTC University Scholarship

Stanbic IBTC Holdings PLC, Nigeria

Scholarship overview

The Stanbic IBTC University Scholarship is run by Stanbic IBTC Holdings PLC to support and reward academic excellence among Nigerian undergraduates. It is open to students who sat the UTME and are admitted to Nigerian federal or state universities.

The provider's page for the 2024/2025 cycle states that 200 Nigerian youths are awarded, from a fund of N160 million spread over four academic years. The terms spread the 200 awards across the 36 states and the FCT, with at least five per state and no more than five per university.

Applicants submit an online form and email supporting documents. All documents go through verification by Stanbic IBTC and a third-party agency, and the bank's decisions are final.

Award Information

  • Reside in Nigeria and have taken the UTME conducted by JAMB (the terms refer to the 2024/2025 UTME).
  • Score 250 or above in the UTME.
  • Be admitted and properly enrolled, with evidence, in an accredited Nigerian federal or state university on a full-time undergraduate programme.
  • Stay enrolled for the duration of the degree and maintain at least a Second Class Upper Division (2:1).
  • Employees of Stanbic IBTC and their immediate family members are excluded, and entries from them will not be rewarded.
  • Applicants under 18 must have the consent and guidance of a parent or guardian.
  • N200,000 per academic session, paid as a stipend to support the beneficiary's studies.
  • 200 awards in total, with a minimum of five and a maximum of five applicants per state, and a maximum of five per university.
  • Total fund stated on the page: N160 million over four academic years.
  • Renewable for later academic years if the beneficiary keeps a minimum of 2:1 or equivalent. Stanbic IBTC may verify academic performance, and the award may be withdrawn for misconduct, withdrawal from the university or false information.

For the 2024/2025 cycle, the provider's page states a deadline of 11:59pm on Tuesday, 16 September 2025, and says any extension would be announced on Stanbic IBTC platforms. The Terms and Conditions PDF for the same cycle instead states an application window of 04 August to 16 August 2025. The two sources differ, so check the apply page for the current position.

  1. Open the application page at stanbicibtc.com/universityscholarship and complete the online form.
  2. Email the requested documents to [email protected].
  3. Submitting several applications still gives only one scholarship slot if shortlisted.
  4. Successful applicants are notified by email at the address they registered.

Official links

Documents you will need

  • A recent passport photograph.
  • A valid ID: NIN slip, voter's card, birth certificate or international passport.
  • The UTME result showing a score of at least 250.
  • Evidence of admission and enrolment at an accredited Nigerian federal or state university (the terms require relevant evidence).

How selection works

The provider's page does not describe a detailed selection process. The terms say awards go only to applicants who follow the instructions and meet all eligibility criteria, that documents are verified by Stanbic IBTC and a third-party agency, and that awards are distributed across the 36 states and the FCT under the per-state and per-university limits.

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