30th June, 2016 The Tonga Development Bank continues to fund vocational and tertiary oriented scholarships in 2016, making it the 14th consecutive year.
The 12 schools that benefit from these study awards through the Bank’s Scholarship programme are: Tupou College, Montfort Technical Institute, ‘Ahopanilolo Technical Institute, Queen Salote College, St Joseph’s Business College, Tonga Institute of Higher Education covering the School of Tourism and Hospitality as well as the School of Agriculture, Tupou Tertiary Institute, Tonga Institute of Science and Technology, Hango Agricultural College in ‘Eua and the Pouono Campus at Mailefihi/Siu’ilikutapu College in Vava’u.
Approximately 56 scholarships will be awarded this year. TDB invests more than
$30,000 on Scholarships each year.
The scholarship programme is well received by the community, the vocational andtertiary schools since 2003 and has assisted more than 400 students with their studies. Total funding provided by TDB is more than $200,000 to date. The awards cover tuition only.
The Scholarships are awarded on the basis of need and the potential to succeed. The principals select the scholars on the basis of ability and financial needs and then give details with recommendations to the Bank for awards and funding. This arrangement has worked very well.
A system was developed with educational institutions whereby the Bank monitored the progress of the sponsored students on a 6 monthly basis has also worked very well.
Meanwhile, recipients of Tupou College and Montfort Technical Institute has received their awards and the other schools will received theirs later on this year.
The Tonga Development Bank has continued this scholarship programme since 2003, to commemorate the Bank’s 25 years of operation in Tonga, in 2002.
ENDS
Issued from Tonga Development Bank, Telephone: (676) 23-333, Fax No: (676) 23775, Email: tdevbank@tdb.to, Website: www.tdb.to