Monday, August 11, 2014

Equity Group Foundation programme set to facilitate a record airlift of 40 scholars to World’s best universities

Equity Group Foundation Chairman Dr James Mwangi hands MaryAnne Chege her air ticket to study at Harvard University in the US on sponsorship. MaryAnne was among 40 Equity African Leaders Programme (EALP) scholars admitted to world renowned universities abroad including University of Arizona, Yale, University of Toronto, McGill, Stanford and Amherst’ 
A total of forty (40) academically gifted Kenyans enrolled in the Equity Group Foundation administered Equity African Leaders Program (EALP) have landed much coveted scholarships to some of the world’s most prestigious universities this year.
The 40 scholars, who sat for their Kenya Certificate of Secondary Education (KCSE) examinations last year, in various local Secondary schools have received their admission to undertake their undergraduate studies in the best global universities.
The admission of 40 Kenyan students at one ago is an outright record break for the EALP programme and will effectively push the total number of students undertaking such studies abroad under this program to 190 scholars.
Speaking when he confirmed the admissions, Equity Group Foundation’s (EGF) Chairman, Dr. James Mwangi, said the EALP Programme is one of the Bank’s Social investment programmes geared at bridging the academic gap for local and international students. The EALP, programme, he explained has been designed to provide access to world class academic opportunities for the best Girl and Boy in KCSE from each County; where Equity Bank operates.
First rolled out in 1998, the EALP, he added, is a rigorous internship-based leadership development program which aims to create a community of talented leaders who are capable of solving the world’s most pressing challenges.
This year, the leading Universities that have offered scholarships include the University of Arizona, Yale University, University of Toronto, Harvard University, McGill University, Stanford University, Amherst College, Bowdoin College, Brown University, the University of Cambridge, Columbia University, Cornell University, Duke University,  London School of Economics, Massachusetts Institute of Technology, Middlebury College, Princeton University, Seoul National University, Smith College, Swarthmore College, University of California Berkley, University of Cape Town, University of Manchester, University of Pennsylvania, University of Pretoria, Williams College, Karolinska Institute in Sweden,  Ashesi University in Ghana and EARTH University in Costa Rica. The total value of the scholarships is over USD 8 million.
“We are proud to witness another group of students being airlifted to leading world universities after a year’s mentorship among other gifted scholars admitted to this year’s EALP,” he noted.
“The dividend that we are waiting for is nothing else other than your success. And your success is our greatest pride,” he added.
EALP provides benefiting scholars with paid internship opportunities and a college savings scheme to help finance their studies. The program trains scholars through programming activities aimed at developing each scholar in three thematic areas: Academic Vitality, Professional Development, and Entrepreneurship and Innovation.
The objective is to develop a generation of servant leaders who will think globally; be inspired to fight poverty in the African continent; embrace sustainable development; improve living standards and coexist peacefully as a people while being fully committed to giving back to society.
To date, EALP has benefited more than 1965 scholars who have studied or are studying in both local and foreign universities. The scholar’s intern at Equity Bank branches before joining their respective universities and also during universities’ holidays. The Wings To Fly scholars from the inaugural class of the year 2010 were among the 410 top 2013 KCSE performers in their sub-counties that joined EALP earlier this year.
The program also positions the beneficiaries as mentors and role models to Wings To Fly Scholars and secondary school students where they have had significant impact in guiding students in forums organized by the schools and by education field officers any time they have been invited to such forums. A number have also participated as residential mentors in 3 secondary schools where their hands on daily tutoring has helped the schools register gains in overall KCSE performance. The EALP scholars are also enrolled into the Equity Innovators Club where they are mentored and encouraged to come up with innovative ideas that can offer solutions to some of the problems facing society in Kenya, Africa and the world.
More than 50 EALP scholars participating in the 2014 Global Scholars Internship Program (GSIP) returned to Kenya from universities abroad during their summer holidays to undertake internships at Equity Bank and its subsidiaries. They also mentor those in the program that are currently preparing to apply to colleges and universities abroad.
EGF Managing Director Dr Helen Gichohi paid tribute to the EALP mentorship team for grooming the 2014 scholars and guiding them in the preparation of essays and standardized tests, as well as preparing them for life away from home. She urged the scholars to approach their academic life with the end in mind and also to adopt a global mindset. “This is the beginning of a life-changing journey; start with your end in mind for life…broaden your horizons; keep focused; remain true to yourself; to your values and the goals you have set for yourself,” she counseled.

“I trust that you will play a positive role in creating a healthier, more productive and more just future for Africa while also molding strong ethics and a concern for the greater good. I am proud to say that you hold the promise of being agents of change in the socio-economic status of Africa,” she added.

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