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Bank Muscat to select new batch for Jesr al Mustaqbal scholarships

​MUSCAT 24 July 2013  Bank Muscat, the flagship financial services provider in the Sultanate, has invited applications to select a new batch of Omani youth for 'Jesr al Mustaqbal' (Bridge to Future) higher education scholarship programme.

Secondary school graduates, from low income families and families receiving social benefits,  who meet the set criteria are eligible to apply for the scholarship to pursue undergraduate diplomas at selected colleges and universities. The study programmes offered are diploma in Banking, Accounting, Finance or Information Technology, with its duration not exceeding three and a half years. Students who achieved GPA of 3.50 and above in their diploma studies may, at the discretion of the bank's Management, be offered sponsorship to pursue a bachelor's degree programme. The sponsorship covers course registration, tuition fees, books and monthly allowance of RO 75.

'Jesr al Mustaqbal' was launched by the bank in 2012 in execution of the directive of His Majesty Sultan Qaboos to provide relevant educational and training opportunities for Omani youth to develop employable skills. The comprehensive Corporate Social Responsibility (CSR) initiative offers educational and vocational training sponsorship for young Omanis - both male and female from low-income families and families receiving social benefits who have not completed their education for various reasons.

Beneficiaries must be unemployed Omani nationals below 20 years and they must have completed Secondary school with at least 70 per cent marks, with the course completed not more than two years prior to the proposed date of enrolment to college. Candidates applying for sponsorship will be required to clear the placement test conducted by respective colleges. Priority will be given to students with no employment in the family.

The scholarship application form can be downloaded from Bank Muscat website and is also posted on the bank's social media sites on Facebook and Twitter. The completed forms must be submitted to the Learning & Development department at the bank's head office before 31 July 2013.

'Jesr al Mustaqbal' is aimed at helping young Omanis to receive proper education and vocational training that will enable them to develop employable skills and improve their living standards, social and economic status and thereby contribute to the development of the country. For scholarship eligibility, the family of students should be recipients of social welfare or belonging to the low-income category as defined by the Ministry of Social Development.

To ensure continuity and success of the unique programme, the bank has an earmarked CSR budget for 'Jesr Al Mustaqbal'. Scholarships are available for students from all regions in the country.