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- சமீபத்திய செய்திகள்
சமீபத்திய செய்திகள்
In line with the Budget 2026 proposal presented by His Excellency the President of Sri Lanka, the Lalith Athulathmudali Mahapola Higher Education Scholarship Trust Fund (MTF) wishes to inform all university students and stakeholders that the monthly Mahapola Scholarship allowance has been increased from Rs. 7,500 to Rs. 10,000 with effect from January 2026.
This increase forms part of the Government’s initiative announced in the 2026 Budget Speech to strengthen financial assistance provided to undergraduate students pursuing higher education in Sri Lanka.
Accordingly, the Mahapola scholarship allowance has been revised twice between April 2025 and January 2026, increasing the installment from Rs. 5,000 to Rs. 10,000 through two equal increments of Rs. 2,500 under the present Government.
The Mahapola scholarship payment is jointly funded by the Mahapola Higher Education Scholarship Trust Fund (48%) and the Government through the University Grants Commission (UGC) and the General Treasury (52%).
The January 2026 scholarship installment of Rs. 10,000 will be credited to the respective student bank accounts on 10 March 2026.
Mr. Jayawardana brings nearly two decades of expertise in financial management and administration across both public and private sector institutions. His extensive background positions him well to lead the Fund's strategic initiatives and operational excellence.
As Director, Mr. Jayawardana will oversee the administration and management of the Fund, with a focus on enhancing scholarship programs and advancing the Fund's mandate under the Mahapola Act No. 66 of 1981. His leadership will be instrumental in expanding access to higher education for deserving students across Sri Lanka.
The Mahapola Higher Education Scholarship Trust Fund extends a warm welcome to Mr. Jayawardana and looks forward to his contributions in furthering the Fund's mission and honouring the legacy of its founder, the late Hon. Lalith Athulathmudali.
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