Scholarship instalments for August 2024, under the President’s Fund Scholarship Programme, have been directly credited to the bank accounts of eligible recipients today (Aug 01), the President’s Media Division (PMD) announced. 

According to the PMD, an SMS has been sent to all scholarship recipients notifying them of the transfer, while over Rs. 5 billion will be disbursed to approximately 116,000 students under these scholarship programmes.

As such, the 17th instalment of the monthly scholarship of Rs. 6,000 for 3,000 students who passed the 2022/2023 O-Level examination and are preparing for the A-Level examination has been credited. 

Additionally, the 6th instalment of the same amount for another 6,000 students who passed the 2023/2024 O-Level examinations and are preparing for the A-Level examination has also been deposited.

The 5th instalment of Rs. 3,000 per month for 100,000 students in Grades 1 to 11 has also been transferred, as well as the 4th instalment of Rs. 6,000 per month for 500 students studying at Pirivenas and Seela Matha educational institutions, who are either preparing for the Pracheena exams or the A-Level exams. 

Furthermore, the 4th instalment of Rs. 3,000 per month for 3,000 students in Grades 1 to 11 at these institutions has also been credited.

Efforts are underway to ensure that payments are made to students who are qualified but whose applications were delayed, and the outstanding instalments for August 2024 will be included in the upcoming payments.

The PMD further said any students who have not yet received their scholarships due to application delays or banking issues will receive their payments during August 2024. 

Detailed information will be available on the official Facebook page of the President’s Fund at www.facebook.com/president.fund.