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Sri Lanka Insurance Suba Pathum Scholarship awards 300 Scholarships for School Children

  • A total of Rs. 30mn worth of scholarships for the year 2024

Sri Lanka Insurance Life – The Nations’ protector, over the years have had contributed to the betterment of the future generation of the country. Sri Lanka Insurance Life (SLICLL) is not only one of the most profitable state-owned enterprises but also a responsible corporate citizen that enriches the community it operates in. 

SLIC Life initiated the ‘Sri Lanka Insurance Life – Suba Pathum Scholarship’ program in 2014 for the children of its Life policyholders across the country. This scheme has awarded over 2000 scholarships, worth more than Rs.200mn up to date.  This year the scholarship scheme will be rewarding 300 students, who excelled in the 2022 Grade 5 Scholarship, 2021/22 GCE Ordinary Level and 2022 GCE Advanced Level examinations. 75 top ranking students were selected from each of the three examinations totaling up to 370 students. Grade 5 Scholarship and GCE Ordinary Level, qualifiers were selected based on the district achievement and for GCE Advanced Level applicants, selections were based on the national level achievement. 

A Financial scholarship of Rs. 20,000 for five years, Rs. 40,000 for two years and Rs. 50,000 for three years is awarded to the students who are eligible for the Suba Pathum scholarship from Grade 5 Scholarship, GCE Ordinary Level and GCE Advanced Level examinations, respectively. A total of Rs. 30mn has been allocated for the 2021/22 Suba Pathum Scholarship program which will continue for the next five years.

The scholarship awarding ceremony was held at Nelum Pokuna – Mahinda Rajapakse Theater, Colombo on the 17th of June 2024 with the participation of the Board of Directors, Chairman, Chief Executive Officer and the senior management team along with the students and their parents. 

Sri Lanka Insurance Life boasts over 60 years of experience in the industry with the largest asset base in the Life Insurance industry at Rs. 221 billion and the largest life fund of Rs. 180.8 billion, the company’s financial strength and stability are unmatched.

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