The Federal Government, through the Federal Ministry of Education, has significantly increased scholarship grants across all academic levels as part of a comprehensive reform of its scholarship programme. This landmark effort aims to ease the financial burden of education and drive inclusive national development.
The scholarship amounts have been increased by 50% across all levels. PhD students will now receive N750,000 annually, up from N500,000. Master's students will receive N600,000 annually, up from N400,000. Undergraduate, HND, and NCE students will receive N450,000 annually, up from N300,000.
The revamped scholarship programme is aligned with President Bola Ahmed Tinubu's Renewed Hope Agenda, which aims to position Nigeria as a $1 trillion economy by prioritizing education in Science, Technology, Engineering, and Mathematics, Medical Sciences (STEMM), and vocational training.
The Federal Government has introduced two new scholarship categories under the revamped scheme. One category targets students in public polytechnics enrolled in STEM and vocational programmes, with N1 billion allocated to support this group.
The reform is designed to enhance merit-based access, improve economic relevance, and foster inclusivity. The increased scholarship amounts and new categories are expected to provide more opportunities for students to access quality education and acquire skills that are relevant to the economy.
The Federal Government's decision to increase scholarship grants across all education levels is a significant step towards promoting education and national development. The revamped scholarship programme is expected to have a positive impact on the lives of students and contribute to the country's economic growth.
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