The University of Ibadan in Oyo State South Western Nigeria, says it has received an additional sum of Five Million Naira for the establishment of the Florence Fakolujo Scholarship, to financially support deserving students pursuing their studies in the Psychology Department of the University.
The scholarship scheme is being instituted by a dedicated supporter of education and social welfare, who is eager to contribute to students’ academic advancement, and has chosen to remain anonymous.
A statement from the Public Relations Unit of the institution said it will be an annual scholarship scheme for indigent students, within the field of Psychology, who are from economically disadvantaged backgrounds, to alleviate their financial burden and enable them to focus more on their studies and professional development.
The scholarship is expected to cover a comprehensive range of expenses, including but not limited to tuition fees for a full session, stipends for books and academic supplies, and additional financial support for living expenses, such as accommodation during school sessions.
“According to the proposal from his solicitors, the anonymous donor recognises the invaluable role that the University of Ibadan plays in nurturing future leaders and professionals in Psychology and is eager to collaborate with the institution,” the statement says.
The university disclosed that the formalisation, documentation, and modalities for the disbursement of the funds of the scholarship scheme will be worked out as soon as possible.
