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Business News of Tuesday, 14 April 2009

Source: GNA

Unilever Foundation awards scholarship to students

Tema, April, 14, GNA - Unilever Ghana Foundation for Education and Development (UGFED), has awarded scholarships totalling 500,000 Ghana cedis to 440 senior high students and 87 undergraduates in the past nine years. Mr Andrew Quayson, Chairman of the UGFED, who announced this on Tuesday at Tema, when he presented scholarships awards and certificates to another 50 senior high students and three undergraduates, said the gesture formed part of Unilever's social responsibility. The current scholarships begins from the 200/2009 academic year for the entire duration of the students' courses. Thirty of the senior high students received full scholarship and the rest half scholarship, while that of the undergraduates covered their full academic user fees, pocket money, residential user fees and book fees.

Mr Quayson said that trustees of the Foundation would monitor the academic performance and behaviour of the beneficiaries and those found wanting would have the scholarships withdrawn. He said Unilever realised the importance of education to national development hence its contribution to the promotion of quality education in the country.