Toronto Mahavihara Scholarship Foundation

   Registered as a Non-Government Organisation in Sri Lanka.

    Affliated to Toronto Mahavihara Society, Toronto, Canada

Program

General Information

QUALIFYING GRADES:

In the year the scholarship is awarded the student must be in the Grade 8 from the beginning of that year.

NUMEBR OF GRANTS AND THE VALUE OF THE GRANT:

The number of grants available for each year will be determined by the amount of available funds together with the donations received at the beginning of the year. The total number of grants will be divided proportionately among the 6 Tsunami affected Districts, namely Trincomalee, Batticaloa, Ampara, Hambantota, Matara and Galle. The value for the grant will be 2000.00 SLR (Sri Lankan Rupees) maximum per child per month. Actual amount of the grant will depend on the prevailing Sri Lankan Bank interest rate for 3-month term Fixed Deposits.

SCHOLARSHIP PERIOD:

The scholarship recipients will continue to receive the grant till the end of their secondary education i.e. until the time of University Entrance, subject to the performance requirements as detailed under "SUSPENSION AND TERMINATION" clause below.

REPORTING REQUIREMENT:

Toronto Mahavihara Society Scholarship Foundation will regularly evaluate the educational performance of the grant recipients.

SUSPENSION AND TERMINATION:

Drop in the performance by -10% (minus 10%) in three consecutive terms relative to the performance of the previous year will result in suspension or termination of the grant.

REWARDING HIGH ACHIVERS:

A number of top achievers from each batch who have been selected for University education and wishing to pursue higher studies will continue to receive the current grant during their term in the University up to a maximum of 4 years.



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