The Alex Otti Foundation selects 58 for scholarships



The Alex Otti Foundation selects 58 for scholarships

By Leonard Okachie

The Alex Otti Foundation on Saturday shortlisted 58 students out of around 700 public higher education institutions across the country who applied for its 2021 undergraduate scholarships.

The foundation’s executive director, Mr. Chinedu Ekeke, told reporters in Umuahia that the final selection committee will make the final decision.

According to him, the committee will determine from among the shortlisted those who will join the existing pool of beneficiaries of the scholarship program.

He said the first selection was made by the foundation’s foreign consultants who shortlisted the 58 applicants, after passing the written test.

Ekeke said there is no specific figure for the winners, saying the number of those who reach the foundation threshold will be selected.

“Last year we selected 32 of the 52 shortlisted candidates,” he said.

The executive director said the winners would be notified after a week, adding that the selection process would be based on merit.

Ekeke said applicants for the scholarship must be in their second year at one of the country’s public, polytechnic or monotechnical universities.

According to him, the candidate must have a cumulative point average (GPA) of at least 3.5 for universities or 2.5 for polytechnics / monotechnics.

He also said the candidate must be a native of Abia, a resident or his parents residing in the state.

He said winners would receive one-time annual funding from their year of selection until the duration of their programs, regardless of the program of study.

According to Ekeke, the scholarship is one of the programs of the foundation, a nonprofit organization that provides education and entrepreneurship opportunities for needy members of society.

He said the foundation, which was founded by Dr Alex Otti, a financial expert and former chief executive of the bank, had been at the forefront of promoting opportunities for the deserving.

The Nigerian News Agency (NAN) reports that the 2021 final selection committee is chaired by media expert Mr. Chude Jideonwo.

The other committee members were: Blossom Ozurumba, Innovation Advisor and Strategic Partnerships Specialist, and Jude Egba, Editor-in-Chief at Pulse Nigeria. (NOPE)


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