Forty students are currently benefitting from the facility, while another 20 students would be selected for the 2012/2013 academic year by February next year.
Mr John Awuni, Corporate Affairs Manager of the Finatrade Group of Companies, who disclosed this in an interview with the Ghana News Agency (GNA) said the students were drawn from the University of Ghana, Kwame Nkrumah University of Science and Technology, University of Cape Coast and the University for Development Studies.
He said the Foundation some few years ago instituted the scholarship scheme to support brilliant agricultural students, who were facing financial difficulties to harness their potentials and educate other people to accept agriculture as the mainstay of the economy.
Apart from the scholarship for the undergraduates, the foundation also helped the students to gain practical knowledge by establishing demonstration farms.
“So far, the Foundation has established demonstration farms at the Kwame Nkrumah University of Science and Technology and the University of Ghana,” Mr Awuni added.
Mr Awuni said the Foundation had also supported eight post-graduate research students in Agriculture who would make their findings available for school authorities and political leaders to implement their recommendations for the betterment of agriculture in the country.
The Corporate Affairs Manager told the GNA that since the inception of the scholarship, beneficiaries had performed tremendously adding “their performance will continue to encourage us to continue to support many others.