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Hatton National Bank (HNB) will continue its longstanding support of national education and student development by offering 500 scholarships to the top performers of the Year 5 Scholarship examination under the ‘HNB Diri Daru’ scheme.

For the first time, HNB has extended these annual incentives to Ordinary Level (O/L) and Advanced Level (A/L) students, in both local GCE and London, making it the first bank to offer scholarships for London O/L and A/Ls. Furthermore, students who record special achievements at national level in extracurricular activities such as sports, arts and inventions will also be eligible for scholarships.

In total, 750 scholarships worth Rs.7 million from HNB await students island-wide and with the inclusion of O/L, A/L and special national achievements, in addition to Year 5 Scholarship, HNB Diri Daru supports the education of the national student population at every pivotal stage of their academic and personal development. This fulfills the ultimate educational vision of the bank which is to provide a pathway for students, particularly from outstation areas, to gain quality education and realize their true potential.

Senior Manager – Business Development, HNB Supun Dias spoke about the importance of providing students the necessary financial assistance to pursue their educational ambitions.

“HNB is a pioneering bank in terms of investment in education. We were the first bank to introduce a branded minor savings account back in 1991 and over the years we have taken several initiatives to inculcate the habit of saving and banking in the student population. HNB has offered scholarships worth Rs.15 million to outstanding Year 5 Scholarship students over the past three years and this year we have included O/L, A/L and special achievements too. Our efforts will boost the chances of success of these students, in their educational and professional lives in the years ahead.”

In order to be eligible for Diri Daru scholarships, parents of the students must maintain a minimum balance of Rs.10,000 or Rs.25,000 in an HNB Singithi Lama Account or HNB Teen Account  prior to the respective examination, event or competition. Parents can open a Singithi Lama Account on behalf of their child with a minimum deposit of Rs.500. Among the other benefits of this unique account are a range of gifts based on the existing account balance and a higher savings rate.

There are 500 scholarships on offer for the Year 5 Scholarship, 100 scholarships for GCE or London O/Ls, 100 scholarships for GCE or London A/Ls and 50 scholarships for special achievements at national level. In the Year 5 Scholarship scheme, the all-island 1st, 2nd and 3rd placed students will receive scholarships worth Rs.300,000, Rs.200,000 and Rs.100,000 respectively, while every student who ranks amongst the Top 20 in their respective districts will be entitled to scholarships worth Rs.20,000 each. The top 100 performers of the GCE or London O/L will receive 100 scholarships of Rs.10,000 each and the top 100 performers of the GCE or London A/L will receive 100 scholarships of Rs.10,000 each.