A total of ten students attending the University of PNG and the PNG University of Technology are the recipients of Ok Tedi Mining Limited’s (OTML) 2023 Undergraduate Scholarship Award Scheme with a funding of over K250, 000.
The students who are in their third year of studies are studying various science and engineering courses.
Of the ten students, three are studying Environmental Science, and Geology at UPNG while seven students are studying Applied Physics/Instrumentation, Chemistry, Civil Engineering, Electrical and Communication Engineering, Mechanical Engineering, Mineral Processing and Mining Engineering at Unitech.
The 2023 batch of awardees include five females and five males.
The total amount of the two-year scholarship program is K253, 781.44 and covers the cost of their tuition fees, boarding/lodging, book allowances, travel assistance, and stipend for each student for this year.
Of the total amount, K49.200 has been paid to UPNG and K204, 781.44 to Unitech.
The Undergraduate Scholarship Award Scheme is an initiative of OTML to help support high performing students attending tertiary institutions in PNG.
OTML Manager for Organizational Development and Training, Ian Strachan, said the Program aims to assist third-year university undergraduate students with school fees and other associated costs while ensuring OTML maintains an industry-institution relationship with respective universities that provide graduates into its training programs and workforce.
“An additional component to this scholarship is the opportunity for these awardees to conduct their industrial training with OTML. It also sets a pathway for them to join our Graduate Development Program upon completing their studies.”
The scholarship program is dependent on each student’s academic performance in the first year of the scholarship whereby the student must maintain a Grade Point Average (GPA) of 3.5 or above to continue the scholarship for a second year.
Since the inception of the Undergraduate Scholarship Program in 2007, Ok Tedi has so far sponsored fifty undergraduates