Mahapola Higher Education Scholarship
Financial assistance is given to students in the form of Mahapola Scholarships.
Mode of Selection
University Grants Commission selects the students every academic year who are eligible to receive the Mahapola according to the selection criteria. The selected List of names for each academic year is forwarded to Mahapola Trust Fund to make the payment.
Awards are given to students by conducting Awards Ceremony at University /District Levels every year. The scholarships will be cancelled to those who fail to collect the certificates of awards at the awards ceremony.
Mode of Payment
According to the Selection List, students are requested to mandate a bank account at the Peoples’ Bank (in any branch) and to give the details of account to Office of the Dean of each faculty when it is requested by the Student and Staff Welfare Branch.
According to the Calendar of Dates, for each month,the signature sheets of the recipients are sent to the Mahapola Trust Fund.
Payments are made in 10 installments per academic year. General Degree, Special Degree and Medical Degree students receive 30, 40 and 50 installments respectively in their entire undergraduate career.
A student receives from the Mahapola Trust Fund a sum of Rs.2,200/- or Rs.2,150/- per installment as merit and ordinary scholarship respectively. In addition, a student is paid Rs.350/- per installment by the University Grants Commission. Therefore, a student receives in total, a sum of Rs.2,550/- or Rs.2,500/- per installment as merit and ordinary scholarship respectively.
These payments are made for all faculties through bank by crediting to their accounts every month only for the students who signed the signature sheet of the Mahapola Payment. Those who did not sign the signature sheets for two consecutive months, the Mahapola Payment will be suspended by the Mahapola Trust Fund.