Ceylinco Life pledges Rs 22.4 mn for ‘Pranama’ scholarships in 2025

Ceylinco Life has announced an allocation of Rs. 22.4 million to be paid out as scholarships to high achieving young Sri Lankans in 2025, continuing a flagship rewards programme the company launched more than two decades ago.
With this 24th edition of the Ceylinco Life Pranama Scholarships programme, the company’s investment in motivating academic and extracurricular excellence will reach Rs 240million, while the number of beneficiary students will total 3,498, the company said.
This year’s Pranama scholarships, to be presented in September, will reward 160 students in four categories – those who excelled at the Year 5 scholarship examination, the GCE Ordinary Level, the GCE Advanced Level, and young Sri Lankans that achieved national or international recognition in sports, art, drama, invention or the creative fields.
Open to the children of more than a million Ceylinco Life policyholders in every district of the country, the Pranama Scholarships programmeis intended to motivate and groom future leaders in areas such as medicine, engineering, law and the arts, while assisting parents with the burden of the ever-escalating costs of education.
For the purpose of selecting recipients of this year’s scholarships, Ceylinco Life has commenced accepting applications from those eligible. These would be students that excelled at the 2024 Year 5 scholarship examination, the 2023 GCE O/L and A/L, and those that won recognition in extracurricular endeavors in 2023-24. The closing date for applications is 30th April 2025.
A child that achieved the first place among the children of Ceylinco Life policyholders in each district at the Year 5 scholarship exam will receive a scholarship worth Rs 240,000 over five years. Similarly, children that achieved the first place in each district at the GCE O/L will each receive a scholarship worth Rs 168,000 over two years, while four children who achieve first placein each streamamong the children of Ceylinco Life policyholders in each districtat the GCE A/L will receive a scholarship worth Rs 120,000 as a one-time payment.
In order to recognise excellence in extracurricular activities, Ceylinco Life will also present another ten students who have made noteworthy progress in sports, art, drama, invention or the creative fields with merit awards, each to the value of 
Rs. 50,000.