The Colombo YMBA awards scholarships to a large number of bright and deserving students on a monthly basis. The beneficiaries are Undergraduates attached to various faculties in state Universities of Sabaragamuwa, Peradeniya, Ruhuna, Rajarata, Wayamba, Uva-Wellassa, Eastern University, Moratuwa, Jaffna, Ampara, Colombo, Kelaniya and Sri Jayawardenapura.
Applications from Undergraduates following courses in Medicine, Engineering, Management, Dentistry, Architecture, Arts, Science, Agriculture, etc. seeking scholarships are forwarded through the Deans of the Faculties of respective universities and responses are received from these Undergraduates of low income Samurdhi recipient families. These applicants are individually interviewed by representatives of the Colombo YMBA Trust fund and Skills Development Committee. This is for selecting of the most deserving students. The successful recipients continue to obtain scholarship funding until their entire duration of studying at the University.
For the year 2021, 482 selected Undergraduates (including 200 new recipients) were awarded with scholarships and the total monetary value amounted to Rs.11.5 Million.
Major funding for scholarship awards is received from Trust funds established by the Colombo YMBA based on substantial donations received from distinguished personalities over several decades. Trust funds such established include Dr. D. J. Attygalle Property Trust fund, Ajita de Zoysa Trust fund, Matilda Hewavisenthi Trust fund, Sir Baron Jayatilake Trust fund, Sir Cyril de Zoysa Trust fund, L.R. Goonetileke Trust fund, Welcome Break UK Tsunami Trust fund, Erick Amarasinghe Trust fund, Dr. D. P. Athukrale Trust fund, D. S. P. S. de Silva Trust fund, D. D.M. Simon Silva Trust fund, Shrima Jayasekara Tsunami Trust fund, Solomon Abeyesekara Trust fund, Sidath Sri Nanadalochana Trust fund A. I. D.A. Jayawardana Trust fund and Seetha Athukorala Trust fund, The most recent Trust funds established were based on individual sponsorships received from Mr. Irwin Weerackody and Dr. Prith Peiris to the values of Rs.5 Million and Rs.10 Million respectively.
The Colombo YMBA welcomes donors who are keen on undertaking sponsorships for these bright and deserving University students. A Trust fund established in the name of a new donor for minimum of Rs.500,000.00 and above, would enable awarding Scholarships through the Colombo YMBA on monthly basis. The interest earned against the “Trust fund fixed deposit” established is purely used for the purpose of Awarding Scholarships for the long term benefit of students.
A sponsorship worth Rs.24,000.00 would make it possible to support an undergraduate for a year.The donors will be given the opportunity to make a request to the Trust fund and Skills Development Committee to select students from a specific University and Faculty if the Donor desires to do so. The souvenir to be published for the Awards Ceremony would carry the name of the recipient Student, the name of his or her institution in correspondence with the name of each individual Donor. Further he or she will be invited to be present at the ‘Annual Scholaship Awards Ceremony’ scheduled to be held at the Colombo YMBA main Hall. Those who are keen on sponsoring students to support their education under the “Colombo YMBA Scholarships Awards scheme” can contact The General Manager, Colombo YMBA, No. 70, D. S. Senanayeke Mawatha, Colombo 08, they can receive further details on the project by calling 0112695786,0112682398.
Scholarship Application for year 2025 - will be available in July 2024
