Cabinet Greenlights Rs. 200M Overseas Scholarship Program!

COLOMBO (News 1st); Sri Lanka's Cabinet has approved a Rs. 200 million scholarship initiative to support top-performing students from the GCE Advanced Level (A/L) examination in pursuing their first degree at internationally ranked universities abroad.

Under this program, students will be awarded scholarships to enroll in English-medium undergraduate programs at foreign universities ranked within the top 500 globally, as per recognized international university rankings.

The scholarships will cover up to four years of study.

The initiative is part of a five-year national plan aimed at empowering Sri Lanka’s brightest minds. A total of 200 students are expected to benefit, with 20 to 50 students being selected in the first phase this year.

Eligible students must have achieved the highest Z-scores in key subject streams of the A/L examination. 

Selection will be carried out through a rigorous interview process conducted by a panel of university professors and academic experts.