Scholarships Granted by PwC Foundation to Freshmen at University of Cyprus and CUT
In a significant move to support the nation's youth and promote equal access to education, the PwC Foundation has awarded scholarships to 14 talented first-year students from the University of Cyprus and the Cyprus University of Technology (CUT). This marks the third consecutive year that the Foundation has embarked on this initiative.
The scholarships, totalling 14, are designed to alleviate the financial burden of higher education costs for high-performing students from diverse backgrounds. Recipients were selected based on a combination of their academic performance at the end of their first year and their socioeconomic background.
The PwC Foundation's commitment to education and culture is evident in this initiative, which aims to strengthen local communities and improve the quality of life across Cyprus. This aligns with the Foundation's "Education and Culture" strategic pillar.
Philippos Soseilos, Chairman of the PwC Foundation and CEO of PwC Cyprus, expressed that education and continuous learning are a catalyst for progress and development. He stated, "The scholarships provide tools and encouragement to students to realize their potential and build a better future."
The scholarships are more than just financial assistance; they empower students to realise their potential amid a complex and challenging educational and economic environment. They also encourage continuous learning, which is seen as crucial for individual progress as well as for the broader economic and societal development in Cyprus.
The Rector of the Cyprus University of Technology, Mr. Panayiotis Zaphiris, and the Director of Administration & Finance of the University of Cyprus, Mr. Menelaos Menelaou, expressed appreciation for the PwC Foundation. They highlighted the value of this scholarship as a catalyst for progress, particularly given the current economic uncertainties impacting business and society.
The award ceremonies for these scholarships took place at CUT on Tuesday, 17 June and at the University of Cyprus on Monday, 23 June. The ceremonies underscored the foundation’s commitment to consistency and transparency in its support programs.
By promoting equal access to education, the PwC Foundation addresses barriers that may prevent talented students from continuing their studies. The scholarships contribute to developing the next generation of professionals and leaders, fostering sustainable growth in Cyprus.
In summary, the PwC Foundation scholarships for first-year students serve as a vital investment in youth talent, supporting Cyprus’s long-term social and economic development by making higher education more accessible and rewarding excellence under challenging circumstances. The scholarships are a testament to the PwC Foundation's ongoing commitment to education and culture, and its dedication to creating a positive impact in Cyprus.
- The scholarships, sponsored by the PwC Foundation, are designed to alleviate the financial burden of higher education costs for talented students, not only in the University of Cyprus, but also in the Cyprus University of Technology (CUT), thereby promoting equal access to education in technology fields.
- The PwC Foundation's commitment to education and self-development extends beyond financial assistance, as these scholarships aim to empower students to realize their potential amid a complex and challenging educational and economic environment, fostering continuous learning.
- The scholarships, totalling 14, are more than just a financial boost for students; they are a testament to the PwC Foundation's ongoing commitment to education and culture, and its dedication to creating a positive impact in Cyprus, particularly in terms of economic and societal development.
- The PwC Foundation's strategic pillar of "Education and Culture" is evident in its initiatives, such as these scholarships, which aim to develop the next generation of professionals and leaders, thereby contributing to the long-term social and economic development of Cyprus by making higher education more accessible and rewarding excellence under challenging circumstances.
