Financial Assistance

Financial assistance is available to students in the form of scholarships and bursaries

Mahapola Scholarships

By far the largest numbers of scholarships are awarded through the Mahapola Higher Education Trust Fund to needy students entering the Universities and the number of scholarship is increased each year. A certain number of these scholarships are awarded solely on the examination performance of the students at the entrance level. The amount is Rs. 2550/- per month is granted 10 times per year. The financial assistance given to students based on the circumstances of the parents is for Rs. 2500/-, granted 10 times per year. Notices provide information on the date for granting the scholarship. If the Mahapola funds are not collected for two consecutive times, then the student forfeits the assistance. 

The University acts under specific rules regarding the awarding of the Mahapola :-

  1. Student should be eligible for this award if she/he is already an undergraduate and has become eligible during a specified period.
  2. Under certain circumstances, a students Mahapola scholarship can be revoked and information sent of this to the relevant authorities at the Mahapola Higher Education Trust Fund.
    1. Not attending classes for long periods of time
    2. Attendance in class not consistent
    3. Occupied in other activities including jobs
    4. Acting in an unacceptable manner
    5. Taking another course in another university or institution
    6. Getting financial assistance from another source


For students whose situation does not provide them with Mahapola scholarships can apply for Bursaries. Officials must take into account the students’ needs, economic status of the parents, distance from home and other criteria before Bursaries can be granted. Bursaries are divided into full-Bursaries, which provide Rs. 2000/- while partial-Bursaries provide Rs. 1900/- for eligible students.

As with Mahapola, students who receive Rs. 2000/- or Rs. 1900/- get these 10 times per year. On a specified day, which is announced in notices, students can collect their Bursaries from the Shroff's Counter at the College House.

Eligible students are permitted to take only one – either the Mahapola or the Bursary – form of financial assistance.

External Financial Assistance

Students ineligible for Mahapola or the Bursary must provide a sworn document with detailed information to the Senior Student Counsellor. Taking aspects presented in this sworn document, it is possible to get funding for students through discussion with potential donors.  Already some students receive financial assistance of Rs. 500/- per month for 10 months period. The University of Colombo Alumni Organization and Sarasavi Mithuro Organization provide these awards. The process involves calling for applications and then requesting further information by Student Counsellor’s Office.

Entry to University Premises

The University premises are open for students only from 6.00 am onwards.

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Student Awards & Prizes

Awards and prizes presented to eligible students who have completed their University education

  • The Student of the year award
  • The D.P.P. Samarasekera Peace Prize
  • The Canekeratne Prize for General Merit

This prize is limited to student who receive First or Second Class Upper Division in a Special Degree from any Faculty.

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