Opay’s 10-Year Scholarship Initiative is a bold effort to alleviate financial barriers for Nigerian university students and promote academic excellence nationwide. Launched by OPay, a leading Nigerian financial technology company, the program has committed ₦1.2 billion over a decade to support talented undergraduates across multiple institutions.
The scholarship primarily targets economically disadvantaged students with strong academic records, providing direct financial assistance of ₦300,000 per academic session. This amount covers tuition, accommodation, and study materials, thus significantly reducing students’ financial burdens. The scholarship also offers priority access to OPay’s technology bootcamps in AI and fintech and fast-track internship opportunities, enhancing career readiness.
Applicants must be Nigerians enrolled full-time in accredited tertiary institutions with a minimum CGPA of 3.5/5.0 after their first year, and demonstrate financial need through formal documentation. Application deadlines typically fall mid-year, with successful candidates undergoing a screening and interview process.
Key beneficiaries include universities such as the University of Ilorin, Federal University of Technology Minna (FUTMINNA), and Obafemi Awolowo University, reflecting the initiative’s broad geographic and institutional outreach. At a recent MOU signing at UNILORIN, OPay’s Managing Director Dauda Gotring emphasized the program’s role in fostering national development through education: “This N1.2bn 10-year scholarship program is not just about supporting today’s students but investing in Nigeria’s future. We are committed to nurturing the brilliant minds who will shape the nation’s progress for years to come”.
Students express deep gratitude for the scholarship’s impact. A beneficiary at FUTMINNA shared, “This scholarship is a lifeline… it has helped me stay focused despite financial struggles and uncertainty about continuing my education”. University officials also praise the initiative for complementing government efforts in education and expanding access to tertiary opportunities for vulnerable students.
Beyond financial aid, the scholarship’s integration with internships, bootcamps, and career coaching helps recipients develop skills critical in Nigeria’s evolving digital economy. This unique combination positions the program not just as a financial grant but as a multi-faceted empowerment platform.
Looking forward, OPay plans to expand the initiative’s reach to more universities and build partnerships that enhance students’ learning and professional opportunities. For Nigerian students facing economic hardships, the Opay10yrsScholarship is a transformative opportunity to pursue education and emerge career-ready.
For prospective applicants, it’s crucial to monitor official OPay channels for application openings and requirements. Embracing technology and financial support programs like this aligns with Nigeria’s broader goals of inclusive education and youth empowerment.
