In the recently concluded Jomo Kenyatta University of Science and Agriculture (JKUAT) 34th Graduation ceremony, among the students who were given the power to read were three beneficiaries of Co-op Bank Foundation Scholarships.
The three, Kevin Otieno Onyango, Martin Mumo and Nelius Wanjiru Wainaina, were graduating with bachelor’s degrees in Medicine and Surgery, Actuarial Science and Nursing respectively, thanks to the full scholarship they received from the Co-operative Bank Foundation.
Since its inception, the Co-operative bank Foundation has helped over 7,000 intelligent but needy students complete their education, by taking care of their full secondary and university fees.
The foundation also gives its beneficiaries a chance for internship positions and career openings.
The Co-operative Bank Foundation, whose aim is to invest in the future of Kenyan children, rolled out the university and vocational internship programs in the year 2011 and targets 28 needy KCSE students every year.
For those whose university fees are taken care of by the foundation, the scholarship is usually renewable every year for a period of four to five years, depending on the course the beneficiary is undertaking.
Currently, 84 students have enrolled in both public and private universities that are approved by the Commission of Higher Education, and apart from their tuition fee, accommodation fees and all their meals are paid for as a package of the fully paid scholarship.
With the Co-op Bank Foundation, vocational programs for post-secondary school students and internship programs for university students give them the exposure and the feel of the real career situation, since they are well trained and polished for their future careers way before they are employed.
Being one of Kenya’s most preferred banks, they expose their beneficiaries on an internship to the real banking job as they are interned as part of the bank’s workforce.
Should any of their beneficiaries show interest in pursuing banking as a career, the bank could go ahead and give such gifted students a chance.