Mahapola Scholarship Allowance Increased To Rs. 10,000; Payments Begin Today

COLOMBO (News 1st): The increased Mahapola scholarship allowance will be credited to students’ bank accounts starting today.

The Ministry of Trade, Commerce, Food Security and Cooperative Development stated that the allowance, which was previously Rs. 7,500, has been increased to Rs. 10,000.

Accordingly, the Mahapola Scholarship Allowance of Rs. 10,000 for January 2026 will be deposited into the bank accounts of eligible students today.

The increase in the Mahapola scholarship allowance to Rs. 10,000 was introduced under the 2026 Budget proposals.