The Jim Ovia Scholarship was founded and funded by Mr. Jim Ovia since 1998, to provide financial aid to outstanding Nigeria youths. The scholarship was previoustly known as the MUSTE scholarship. The awardees are given funding for undergraduate study for the duration of the undergraduate program. The award includes tuition and maintenance allowance. The scheme offers an average of 100 opportunities every year. The Financial records show that as at October 2010, Mr. Ovia has invested 100 Million Naira in the program on 1500 beneficiaries.
In establishing the Jim Ovia Scholarship, Mr. Ovia hoped to create a network of future leaders within Nigeria who can compete globally with their peers, bring new ideas, creativity and are committed to improving the lives and circumstances of people in their respective communities. Scholarships are awarded on the basis of personal intellectual ability, leadership capability and a desire to use their knowledge to contribute to society throughout Nigeria by providing service to their community and applying their talent and knowledge to improve the lives of others. Over time it is expected that the Jim Ovia Scholarship beneficiaries will become leaders in helping to address challenges related to health, technology, and finance, all areas in which the foundation is deeply engaged.
- To promote access to tertiary education
- To invest in the future leaders of Nigeria
- To provide a platform that encourages competitiveness and promotes equal opportunities in workplace
- To bridge the knowledge gap among Nigerian Youth
Eligibility and Criteria
The scholarship is open to all undergraduate University students of Nigerian citizenship. One hundred (100) awardees are selected each year from a pool of eligible applicants. Scholarships are awarded on the basis of personal intellectual ability, leadership capability and a desire to contribute to society at large to improve the lives of others.