Ceylinco Life to offer more ‘Pranama’ scholarships

Up to 160 new scholarships with a cumulative value of Rs.8.3 million are to be awarded to students and young people from all districts of Sri Lanka at the 12th round of the annual ‘Ceylinco Life Pranama’ scholarships presented by Ceylinco Life, a leader in Life insurance.

The company’s flagship policyholder rewards initiative in the education field has benefited more than 1,461 ‘future leaders’ since the first awards ceremony in January 2002, with scholarships totalling Rs.44 million.

Ceylinco Life announced this week that it has commenced the collection of applications from eligible students in all districts of the country and will close applications on November 30, 2012 for the scholarships presentation in January 2013.

“The Pranama scholarship scheme continues to be one of the most valuable benefits that accrue to our policyholder community,” Ceylinco Life Director/Deputy CEO Thushara Ranasinghe said. “However, its impact transcends that of a nor- mal customer rewards scheme because of the size of our policyholder base and our islandwide reach, which ensure that the benefits of the scheme reach a representative segment of the populace.”

Ceylinco Pranama scholarships are presented to policyholders’ children who achieve the best results in their respective districts at the Year 5 scholarship examination and the GCE Ordinary Level and the GCE Advanced Level examinations or to those who excel at the national or international level in sports, culture, arts, drama or invention.

Printed and published by Wijeya Newspapers Ltd. on Wednesday September 5, 2012 at No. 8, Hunupitiya Cross Road, Colombo 02.

Ceylinco Life also pays special cash awards to policyholders’ children who are placed second, third and fourth at district level at the GCE Advanced Level examination.

Applications for Pranama scholarships are available at Ceylinco Life branches islandwide. All examination results provided by applicants are checked and certified by the Department of Examinations. For the next round of scholarships, students who sat the Year 5 scholarship examination in 2012, the GCE (O/L) examination in 2011 and the GCE (A/L) examination in 2011 are eligible to apply. The National Merit Awards will consider achievements in 2011/12.

One of the many benefits available to Ceylinco Life policyholders, the Pranama scholarship scheme underscores the importance accorded by the company to education, which is one of the key areas of intervention in the Ceylinco Life Rewards programme.