Mitsubishi Corp offers schols for varsity students

Recognising the radical changes that are taking place in the higher education sector, the Mitsubishi Corporation of Japan has volunteered to offer 20 scholarships to university students who are following courses in management and finance, management studies and commerce subjects, a media release from the ministry said.

A Memorandum of Understanding (MoU) was signed in this connection between the University Grants Commission and Mitsubishi Corporation in the presence of the Minister Prof. Wiswa Warnapala at the Ministry of Higher Education.

Mrs. Malanie Pieris, Secretary and R. Ranepura, Additional Secretary, Ministry of Higher Education and officials of the University Grants Commission were also present.

The students entitled for these scholarships will get Rs. 4,000 (each) monthly and it will be renewed for subsequent years on their individual performance and dedication for studies.

Students who receive Mahapola, Bursary or any other scholarship are not eligible for this benefit. The Minister said that even the stakeholders of the private sector now recognise the progressive changes that are taking place in the higher education sector and this change of attitude has magnified due to the steps taken by the Mitsubishi Corporation. This example of a leading Japanese Company should be followed by others, he said.