Latest News

President’s Fund initiates two new Scholarship Programs

Published

2 years ago

2024/05/8

Priyan

As per the instructions of President Ranil Wickremesinghe, the President’s Fund has initiated two additional scholarship programs alongside the on-going scholarship initiatives.

These scholarships will be extended to monks, nuns, and lay students enrolled in Piriven and Seelamatha Educational Institutions, as well as those pursuing Information and Communication Technology (ICT) at G.C.E. (Advanced Level), effective from May 2024.

The scholarship distribution will cover all 822 Piriven and Seelamatha Educational Institutions across the country. A total of 06 scholarships will be granted to each institution. The selection of scholarship recipients from the respective departments/Seelamatha Educational Institutions will be the responsibility of the Parivenadhipathi Thero/Institution Director.

Scholarships will be granted in two categories, with an anticipated 5000 scholarships set aside for lay scholars. Under the first category, scholarships will amount to Rs. 3000 per month for 12 months, beginning in May 2024. The second category will offer scholarships at Rs. 6000 per month for a duration of 24 months.

Further details and the application form will be made available on the official website of the President’s Fund, www.presidentsfund.gov.lk, as well as on the official Facebook page, www.facebook.com/president.fund. Additionally, the application and instructions will be published in the Government Gazette on 10th May 2024.

Candidates interested in this scholarship program must submit duly completed application forms to the Parivenadhipathi/Head of Institute by 22nd May 2024. The selected scholarship recipients’ names, chosen by the Parivenadhipathi/Head of Institution, will be forwarded to the Director of (Piriwen) at the Ministry of Education via the Regional Assistant Director of Education (Piriwen).

Under the guidance of the President, a scholarship program has commenced with operational backing from the President’s Fund, utilizing funds provided by the Telecommunications Regulatory Commission of Sri Lanka for the students who are following Information and Communication Technology (ICT) as a subject for G.C.E. (Advanced Level) Examination.

This scholarship program aims to cover all education zones across the country, with a minimum provision of 50 scholarships per zone. Eligible students will receive a monthly scholarship of Rs. 6000 for up to 24 months starting from May 2024 until they sit for the G.E.C (Advanced Level) Examination.

For information on qualifications and application details, applicants can refer to the official Facebook account of the President’s Fund (www.facebook.com/president.fund ) and the website www.presidentsfund.gov.lk. Additionally, details will be available on the official website of the Ministry of Education: www.moe.gov.lk.

Information regarding this initiative has also been posted on the official website of the Telecommunications Regulatory Commission.

Eligible students interested in applying for these scholarships are required to submit their completed applications directly to the President’s Fund via registered post by 22nd May 2024. Furthermore, the application form and instructions are scheduled to be published in the Government Gazette on 10th May 2024.

In line with the President’s manifesto presented to Parliament on 07th February 2024, the President’s Fund has initiated several scholarship programs for school students in 2024, which are presently underway and progressing smoothly.

The scholarship program to support the students with financial difficulties, who have passed G.C.E. (Ordinary Level) Examination in the academic year 2022/2023, was initiated in the 100 education zones across the country while selecting 60 students from each educational zone. This program offers a monthly scholarship of Rs. 6000 to aid students until they sit for the GCE (Advanced Level) Examination.

Currently, 6000 scholarship recipients have been selected under this program, and their details have been published on the official Facebook page and website of the President’s Fund. The disbursement of scholarships to these recipients is scheduled to commence from April 2024, along with the clearance of any pending arrears.

In the meantime, the President’s Fund has launched a scholarship initiative targeting 100,000 students in grades 1 to 11 facing financial difficulties in accessing education. Covering all 10,126 schools in the country, the program aims to distribute scholarships of Rs.3, 000 per month to eligible students. Each school is set to receive a minimum of 04 scholarships and a maximum of 22 scholarships. Presently, the selection process for these scholarships is in progress, with the distribution scheduled to take place soon.

At present, the President’s Fund is collecting information on scholarship applicants from the zonal education offices. Once all necessary details are computerized, the scholarship distribution process will commence, with funds directly deposited into individual bank accounts on a monthly basis. Recipients will receive confirmation via SMS upon receiving the scholarship.

(PMD)

All News Advertisement

Up Next

Sri Lankan Oil and Gas exploration grinds to a standstill amid protracted legal battle

Don't Miss

Microsoft to invest $1.7bn in AI, cloud infrastructure in Indonesia

Click to comment

Latest News

South Korea football coach quits as president calls for probe into World Cup loss

Published

7 hours ago

2026/06/29

Priyan

This is Hong's second stint as head coach of team South Korea [BBC]

Hong Myung-bo has resigned as head coach of South Korea’s men’s national football team after they failed to advance to the World Cup knockout stage.

The team had hoped they could still qualify for the next round of the tournament as one of the best third-placed teams, but that hope was quashed on Saturday.

The early exit has prompted widespread criticism at home, with President Lee Jae Myung calling for an investigation into reasons behind the team’s disappointing performance.

Hong apologised to fans on Sunday and said the responsibility “rests entirely with me as head coach”.

Ranked 32nd in FIFA’s men’s rankings and led by star player Son Heung-min, South Korea recorded two losses and one win at the World Cup, finishing behind Mexico and South Africa, who are ranked 15th and 60th respectively.

Criticism had mounted quickly after the team’s last match with South Africa on Thursday, which South Korea lost 1-0.

The defeat left them third in Group A. It still gave them hope to qualify for the next round under a new rule introduced with this tournament’s expansion from 32 to 48 teams, which allows the eight best third-placed teams in the group stage to progress to the knockout round. But on Saturday, they were knocked out because of the other teams’ final scores.

Fans blame Hong, who has been coaching the team for the past two years. On Monday, the national team’s official fan club Red Devils issued a statement calling on Hong to “kneel before the entire nation and leave the football world forever”.

Announcing his resignation at a news conference in Mexico on Sunday, Hong said that “we didn’t deliver the results that our fans expected”.

“Even though I am leaving the national team, I am not abandoning Korean football altogether,” Hong said. “I will cheer for the national team from the bottom of my heart and hope that the team will be trusted and loved by the people once again.”

The announcement came after President Lee said that he felt “not just confusion but utter bewilderment at the unexpected outcome”.

In a post on X, Lee said that the early exit of the team “appears to be a failure of organisation and personnel”.

“When favouritism and cronyism take precedence over competence in selecting a commander, the result is as predictable as fire burning paper,” he said.

Hong’s appointment to the head coach post was controversial from the start. The former defender was a hero of South Korea’s 2002 World Cup success, having captained the team to a historic semi-final finish. But when he led the team as a coach in 2014, they failed to advance beyond the group stage – or win a single match.

When Hong was appointed to the same job again in 2024, it was met with harsh uproar. Many football fans criticised the appointment as football association’s old guards giving the top job to their friend, as the KFA passed on a few foreign-born candidates who had undergone a rigorous vetting process.

On Sunday, Hong said that “accepting the job was not an easy choice”. “I cannot say every decision has been the right one, but I can tell you that I have made every decision with Korean football in mind,” he added.

South Korea police say that they are watching for security threats at Incheon Airport and other locations after a death threat was made online against Hong on his return to Korea over the weekend, local media reported.

[BBC]

Latest News

“May this sacred Poson Festival illuminate every heart with compassion, loving-kindness and wisdom”- President

Published

10 hours ago

2026/06/29

Priyan

Presiden Anura Kumara Dissnayake in his Poson Day message wished that this sacred festival illuminate every heart with compassion, loving-kindness and wisdom

The President’s Poson Day message:

“The arrival of Arahat Mahinda Thera marked the beginning of Sri Lanka’s emergence as a centre of Theravada Buddhist philosophy and tradition. That momentous event, which gave rise to both a spiritual awakening and a far-reaching social transformation, extended far beyond its religious significance and laid the foundation for a more advanced cultural, social and political order throughout the country.

Buddhism not only established a strong foundation for the nation to flourish but also brought about a transformation in education. By turning temples into centres of learning and monastic education, it fulfilled a vital social role as a hub of knowledge, fostering a profound spiritual renaissance among the people. Moreover, it inspired remarkable developments in architecture, painting, irrigation engineering, building design, wood carving and other artistic traditions, elevating our nation to a position of distinction and pride before the world.

As the present-day heirs to such a glorious and noble heritage, we all bear an inescapable responsibility to revive the values and moral principles that are gradually fading from society and to work together towards building a civilised State. In this endeavour, we are already engaged in the struggle to restore civility across all spheres of public life, including Parliament and State institutions.

No nation can achieve genuine progress without an ethical foundation. The Cūḷa Hatthi Padôpama Sutta, expounded by Arahat Mahinda Thera, underscores the importance of gradual training and disciplined development. By re-establishing on Sri Lankan soil the proud legacy of the civilised society that came with Buddhism, let us join hands with unwavering determination to build a modern and enlightened State founded upon the ethical, social and environmental values that our nation so urgently requires.

I therefore invite all citizens to unite in this noble endeavour with strength and conviction.

May this sacred Poson Festival illuminate every heart with compassion, loving-kindness and wisdom”.

Latest News

Canada score late to beat South Africa and reach last 16 at World Cup 2026

Published

11 hours ago

2026/06/29

Priyan

Canada's Stephen Eustaquio, centre, celebrates after scoring [Aljazeera]

Canada beat South Africa 1-0 thanks to a stoppage-time strike by Stephen ⁠Eustaquio from distance to reach the FIFA World Cup last 16 for the first time in their history.

Eustaquio received the ball on the edge of the ⁠South Africa penalty area and hammered it past diving goalkeeper Ronwen Williams in a thrilling conclusion to the first knockout-round match of the tournament on Sunday.

South Africa, who had seemed ⁠content to play for extra time and a possible penalty shootout, made a few furious but unsuccessful attempts to level before the final whistle as the sun broke through the clouds at Los Angeles Stadium.

Canada will next face either the Netherlands or Morocco on July ‌4 in Houston for a place in the quarterfinals.

“It’s about the two years we’ve been together,” Canada coach Jesse Marsch told the team in a huddle after the final whistle.

“Think about how we talked about sticking to the plan – you guys showing your character. You guys are Canadian heroes here.”

Chances were scarce in a cagey first half, with little to separate the sides, who were both playing ⁠in the knockout rounds for the first time.

Canada’s best opening ⁠came just before half-time when a corner sparked a scramble in the South Africa box. Moise Bombito sent a header goal-wards, which was cleared off the line by Aubrey Modiba, before Tajon Buchanan’s close-range effort struck ⁠Williams in the chest.

Moments later, Richie Laryea went down in the area, prompting Canadian appeals for a penalty, but the decision ⁠not to award a spot kick stood after a ⁠VAR review, prompting loud boos from Canada’s red-clad army of supporters dominating the stands.

Marsch continued to protest as the teams left the field at half-time, with Bombito appearing to urge him away from the referee.

Frustration ‌for Canada only grew early in the second half, as South Africa appeared in no rush to press the issue.

Canada had another chance just before the second-half hydration ‌break, ‌when Tani Oluwaseyi’s shot hit the keeper, and Jonathan David was unable to head the ricochet home, thanks to an excellent defensive effort by Mbekezeli Mbokazi to clear the ball.

Eustaquio dedicated the win to “all Canadians” when he spoke to reporters after the match.

“I think it was an amazing goal. When I shot, I thought everyone shot with me. Everyone added a little power to it when it went into the back of the net.

” It started when we came out of group stage. Belief is a big part of it. We will now get either Netherlands or Morocco. Anything can happen. If we keep working like we are doing, we might even win it.”

[Aljazeera]