No fewer than 29 students of Osun State University on Wednesday received a N3.7 million scholarship grant for 2025 from the United States of America (USA) body and two education-oriented associations.
The students were drawn from all the departments across the faculties of the school according to their academic performance and other specifications by the donors.
The Vice Chancellor of the university, Professor Clement Adebooye, while addressing the beneficiaries in the presence of their parents and management staff of the institution, highlighted the benefits of the scholarship.
He also noted that scholarships are a better alternative to student loans since they do not require paybacks.
According to him, scholarships help students to address financial barriers to university education, where the cost of higher education is a significant burden for many families, promote access for disadvantaged students who are academically talented to higher education, and enhance performance amongst others.
“For today, 18 students benefited from the scholarship scheme of Osun Development Forum, Texas, United States, as they will get N100,000 each, 10 students will get N100,000 each from Hon.. (Engr.) Sunday Olowu and N945,000 will be given to a student by the Egbado College Old Student Association, 1993 Focus Group.”
Adebooye disclosed that over 58 students have benefited from different scholarship programmes by partners of the institution.
He applauded the donors, stressing, “This kind of intervention is what we need across Nigeria’s higher education sector. There are thousands of students who are exceptionally diligent but unfortunately indigent. Such students need helpers from us as individuals, associations and organisations.”
