On Monday, the Mauritius Institute of Training and Development (MITD) signed a memorandum of understanding (MoU) with the State Bank of Mauritius (SBM) to award around 100 scholarships to needy students. This was signed at the MITD building in Phoenix. Minister of Education and Human Resources Vasant Bunwaree, who was present at the event, said [...]

On Monday, the Mauritius Institute of Training and Development (MITD) signed a memorandum of understanding (MoU) with the State Bank of Mauritius (SBM) to award around 100 scholarships to needy students. This was signed at the MITD building in Phoenix.

Minister of Education and Human Resources Vasant Bunwaree, who was present at the event, said the signing of this MoU signifies a concrete step in fostering closer cooperation, which will definitely open an array of avenues for further collaboration.

“This scholarship project reflects SBM’s will to make access to education even easier to ensure the future of those who have the potential to succeed,” he said.

He added, “SBM’s CSR incentive is timely as it reflects the government‘s vision to better achieve its objectives in improving the living standards of the population.”

The minister said this will help achieve the development of a skilled, versatile and competent workforce and promote social mobility. He added that the MITD has also established strong partnerships with enterprises and other industry stakeholders to keep up with changing trends and demands of the economy.

“The close engagement of industry is vital, not only in providing technical support and industrial attachment opportunities, but also in understanding and projecting manpower needs, identifying new courses and designing the curriculum,” he said.

Similar to last year, this year also SBM is offering scholarships to those who need it through its SBM Scholarship Scheme.

SBM CEO Gautam Vir announced that the highlight of the project this year is the increase in the number of scholarships compared to last year. Hundred scholarships will be awarded to university students, while another 100 will be available to students in the vocational and technical training sectors.

Candidates wishing to submit their application for the scholarship must be residents of Mauritius / Rodrigues / Agalega and belonging to a family whose monthly income does not exceed Rs 15,000.

They must not have a parent employed by SBM, should not have received any other scholarship for the same curriculum and must be aged under 25 years.

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