Awarding of Mahapola Scholarships – Academic Year 2024/2025 Registration of Selected Scholarship Recipients
The Lalith Athulathmudali Mahapola Higher Education Scholarship Trust Fund is pleased to inform all students that the final selection list of Mahapola Scholarship recipients for the Academic Year 2024/2025 has been forwarded to the respective Universities.
Students whose names appear in the final selection list are requested to complete the online scholarship registration by following the instructions below.
Online Registration
The list of selected Mahapola Scholarship recipients and the online registration facility are available on the Mahapola website:
Website Link : https://mahapola.lk/BankApp2025/
Students should log in to the online registration system using their National Identity Card (NIC) Number, complete the registration form accurately, and
submit it online on or before 17 August 2026.
Important Instructions for Selected Students
- Print the Registration Application
- After successfully submitting the online registration, students should download and print the completed Mahapola Scholarship Registration Application.
- The printed application must be signed by the scholarship recipient and submitted along with Copy of bank pass book or any account confirmation obtained from the Bank to the respective University.
- Bank Account Requirements
- Scholarship payments will be credited only to individual savings accounts maintained with: Bank of Ceylon (BOC), or People's Bank.
- Students who do not have an account with either of these banks are required to open a new account before completing the registration.
- Joint Bank Accounts
- Joint bank accounts will not be accepted for Mahapola Scholarship payments.
- Verification of Bank Details
- Universities will verify the bank account details submitted by students against the information provided in the online registration application before forwarding them to the Mahapola Fund.
- Changes to Bank Account
- Students are strongly advised not to change the bank account details provided during registration.
- Scholarship payments may be suspended if bank account details are changed without following the prescribed approval procedure of the Mahapola Fund.
6.Contact Information
- It is mandatory for all selected students to provide a valid mobile phone number and email address when completing the online registration.
- Students are responsible for ensuring that their mobile phone number and email address are accurate and remain active throughout the scholarship period, as all official communications, notifications, and correspondence from the Lalith Athulathmudali Mahapola Higher Education Scholarship Trust Fund will be sent using these contact details.
Appeals
Students who have not been selected for the Mahapola Scholarship and wish to submit an appeal should submit their appeal through their respective University. All appeals must be forwarded to the University Grants Commission (UGC) on or before 15 October 2026.
Deadline for Online Registration: 17 August 2026
Students are advised to complete the registration well before the closing date to avoid any delays in the processing of scholarship payments.
If any inquires Contact Us
Tel: - 0112 685 011 Fax: 0112 675 524
email:- This email address is being protected from spambots. You need JavaScript enabled to view it.
Mahapola Scholarship Allowance Increased to Rs. 10,000
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.
Mahapola Higher Education Scholarship Trust Fund Announces New Director
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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