The Malawi University of Science and Technology has set out plans to roll out a scholarship program next year after making profits from its endowment funds.
This has been said as the National Bank of Malawi was finalizing its final 20-million-kwacha endowment fund summing up to 60 million kwacha which aims in assisting needy students to access quality education.
Speaking to MIJ Online, Address Malata, Malawi University of Science and Technology Vice Chancellor said the plans follow a 10. 4-million-kwacha profit which has been recorded.
Meanwhile, Macfussy Kawawa, National Bank Chief Executive Officer the bank has been part of the initiative as one way of encouraging students to strive through education to achieve the Malawi 2063 goal.