No less than 2,000 academically promising scholars from needy backgrounds will benefit from comprehensive secondary school scholarships in 2022/2023 Form One selection cycles that are fully funded by Equity Bank.
The Bank has contributed KShs 2 billion to Equity Group Foundation (EGF), the social impact arm of the Group in support of the Wings to Fly program.
So far, the program has successfully facilitated over 37,000 beneficiaries to access quality secondary school education in collaboration with other partners such as Mastercard Foundation, KfW, USAID, UKAID/DfID, World Bank/Government of Kenya, among others.
The additional scholarships for this year bring the total scholarships so far implemented by EGF to 39,009.
High number of applications
Access to quality secondary school education remains a distant dream for many and especially the vulnerable in our communities. For the 2021 academic year, EGF had 10,705 slots for scholarship programs but received over 114,000 applications – the highest demonstrated level of need.
This meant that the community scholarship selection boards had to identify 1 child from every 11 applications. It was disheartening for the deserving tens of thousands who were not fortunate to secure the scholarships and had no means of affording their secondary education. This is the call that Equity Bank is responding to by offering these scholarships.
The Equity Leadership Program scholars who have finished their medical degrees have already established 54 Equity Afia Medical Clinics to give back to society by offering affordable high quality health services.