ETF donates Rs 70 m as Grade 5 scholarship grants

Suraj A Bandara

A financial donation worth of Rs. 70 million from the Employees Trust Fund (ETF) was made as scholarship grants to nearly 4,654 students who excelled in last year's Grade Five scholarship examination, at Temple Trees yesterday.

EPF Board Chairman K.M.A. Godawattha presented the cheque to People's Bank Chairman W. Karunajeewa in the presence of President Mahinda Rajapaksa. The recipients were selected after scrutinizing a number of application forms received from all districts. Initially a sum of Rs. 15,000 will be deposited in their Sisu Udana People's Bank accounts.

Financial and Planning Deputy Minister Geethanjana Gunawardena , EPF Additional General Manager Mangala Gunarathna, Working Director Tissa Kuttiarachchi, EPF Deputy GM W.S. Disanayake and Manager (Scholarships) Yamuna Madigasekara also participated.