One category is called Intermediate Scholarships and the other is known as Technical Training Scholarships (BE, Geology and DAE). The scholarship offered covers tuition fee, boarding and lodging and cost of books at the rate of PKR4,000/- per month and are given over a period of two years paid on six monthly bases to students of MOL Pakistan's operational areas. A total of 97 scholarships have been awarded this year to the students from three districts of Karak, Hangu and Kohat in TAL Block.
For Engineering and geology student PKR10,000/- per month and for DAE Students PKR7,000/- per month was offered over a period of two years paid on six monthly/semester basis. Thirty-six scholarships have been awarded in Technical education, 17 scholarships awarded to Engineering students, 3 to Geology students and 16 to DAE students. The students who received these scholarships hail from Karak, Kohat and Hangu. It merits mentioning here next scholarship has already been announced for the next session of 2012~2014 and will be awarded after completion of the process.
During the certificate ceremony while addressing the audience, Managing Director MOL Pakistan Erno Lipták congratulated the recipients of scholarship certificates and hoped this scholarship would fill in a new spirit in the students. Underlining the importance of educational issues, he said: "MOL Pakistan considers education as the most powerful instrument that brings positive change in the attitude and behaviour of the people and helps in alleviating poverty by producing skilled manpower."
Erno Lipták added that his Company is committed to providing best chances to those students who perform exceptionally well under considerable odds and show to the world that there is no dearth of talent in them. The initiative for first time was launched in 2005 on experimental basis as part of its commitment to uplift the communities that live in the TAL block area. In the first year 10 scholarships were awarded to the students of Tehsil Banda Daud Shah, District Karak. Later on, after successful implementation, the programme was extended to District Hangu in 2007 and to Kohat in 2008 besides increasing the number of scholars from 10 to 40.