ABIC

The ABIC Education Awards program is one of the largest and most broadly supported scholarship programs in Bermuda.

The ABIC Education Awards program is intended to provide scholarships to Bermudian students who are pursuing higher education at accredited four-year, degree-granting colleges and universities in studies, connected primarily to international business or supportive of Bermuda's infrastructure, that is necessary for the efficient functioning of international business in Bermuda.

The scholarship awards are based on a combination of the applicant's financial need and academic ability. Undergraduate applications are invited from students in both the government and the private sector schools as well as from students already enrolled in a degree program at an accredited college or university. Post graduate applications are invited from students with at least 2 years work experience. Other criteria are also considered, including the applicant's specific career focus, awareness of the role of international business in Bermuda, and the level of involvement in and commitment to the community. As indicated, award recipients must be Bermudian or have Bermudian status, at the time of entering the intended college or university.

This outstanding program is administered entirely by volunteers so all of the contributions received are used for the scholarship awards. The largest corporate contributors to the program each year are designated with "Corporate Named Awards" in the name of the corporation. This creates a direct connection between the company providing the award and the student. Students are encouraged to obtain career guidance and advice from their corporate sponsors.