Skip to main content

Funding Process

  1. Application Phase:
    • Interested students submit their applications through the designated online portal or by completing a physical application form.
    • Applications typically require information such as personal details, academic transcripts, proof of enrollment, financial statements, and a personal statement outlining their educational goals and financial need.
  2. Review and Evaluation:
    • The Bursary Committee conducts a thorough review of all received applications.
    • Applications are assessed based on predetermined criteria such as academic merit, financial need, extracurricular involvement, and alignment with the values of the organization.
    • Shortlisted candidates may be invited for interviews or additional documentation to further assess eligibility.
  3. Selection Process:
    • The Bursary Committee convenes to deliberate and select recipients based on the evaluation criteria.
    • Recipients are chosen based on the strength of their application and their demonstrated need for financial assistance.
    • The number of recipients and the amount of funding awarded may vary depending on available resources and the number of qualified applicants.
  4. Notification and Disbursement:
    • Successful applicants are notified of their selection and provided with details regarding the disbursement of funds.
    • Funds are typically disbursed directly to the educational institution to cover tuition fees, textbooks, or other approved expenses.
    • Recipients may be required to sign an agreement outlining the terms and conditions of the bursary, including any reporting requirements or academic benchmarks.
  5. Follow-up and Support:
    • The Bursary Committee may periodically follow up with recipients to monitor their progress and provide additional support or resources as needed.
    • Recipients may be invited to participate in events or activities organized by the bursary program to foster community and networking opportunities.
    • Recipients are encouraged to share their achievements and experiences as beneficiaries of the bursary fund, contributing to the program’s ongoing success and impact.

By adhering to a transparent and structured funding process, the SCM Alumni Bursary Fund ensures fairness, accountability, and effectiveness in supporting deserving students on their educational journey.