The Moniepoint STEM Scholarship by the Tosin Eniolorunda Foundation (TEF) is a fully funded initiative for brilliant Nigerian undergraduates studying Science, Technology, Engineering, and Mathematics (STEM). This program empowers young minds to pursue their academic dreams without financial barriers while encouraging innovation and leadership in Nigeria’s tech-driven future.
Below is everything you need to know about the 2025 Moniepoint STEM Scholarship including eligibility, benefits, selection process, documents, deadline, and how to apply successfully.
About the Moniepoint STEM Scholarship
The Moniepoint STEM Scholarship is a flagship education initiative established by Tosin Eniolorunda, the CEO of Moniepoint Inc., through his foundation (TEF). The program supports students enrolled in STEM disciplines across select Nigerian universities.
The goal is to identify and fund talented students who demonstrate academic excellence, leadership potential, and a strong desire to contribute to technological and scientific advancement in Nigeria. The scholarship will select 14 students (2 from each partner university) for the 2025 academic year.
The program covers tuition, accommodation, and living stipends. It also provides mentorship and development opportunities to help beneficiaries grow both academically and professionally.
Requirements and Eligibility Criteria
To qualify for the Moniepoint STEM Scholarship, applicants must meet the following criteria:
- Must be a Nigerian citizen enrolled in a STEM-related course (Science, Technology, Engineering, or Mathematics).
- Must be a 200-level student in one of the selected universities.
- Must have a minimum of Second-Class Upper (2:1) in the previous academic year.
- Must not be older than 25 years at the time of application.
- Must demonstrate financial need and a strong problem-solving mindset.
- Must possess good moral standing and no record of disciplinary issues.
Partner Universities include:
- University of Lagos (UNILAG)
- Obafemi Awolowo University (OAU)
- University of Abuja (UNIABUJA)
- Ahmadu Bello University (ABU), Zaria
- University of Calabar (UNICAL)
- University of Maiduguri (UNIMAID)
- University of Nigeria, Nsukka (UNN)
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Benefits of the Moniepoint STEM Scholarship
The Moniepoint STEM Scholarship is a fully funded opportunity that provides comprehensive academic and personal support to beneficiaries. Successful applicants will enjoy the following:
- Full tuition coverage for the duration of the program.
- Accommodation allowance or hostel sponsorship.
- Monthly living stipend to support daily expenses.
- Mentorship and career development sessions from industry leaders.
- Renewable funding each year, based on academic performance.
- Networking opportunities with other top-performing STEM students across Nigeria.
This scholarship not only relieves financial pressure but also helps students focus on learning, creativity, and innovation.
Selection Process and Criteria
The Moniepoint STEM Scholarship selection process is transparent and merit-based. Here is what the committee looks for:
1. Application Screening: Applications are reviewed to confirm eligibility, academic performance, and document completeness.
2. Shortlisting: Qualified candidates are shortlisted for further evaluation based on academic results and written submissions.
3. Aptitude Test: Shortlisted applicants participate in an online or in-person test to assess critical thinking, problem-solving, and general STEM knowledge.
4. Interview (if required): Some candidates may be invited for interviews or oral assessments.
5. Final Selection: The final list of successful scholars is published after internal review and verification. Two top students are selected per participating university.
Selection focuses on merit, leadership potential, innovation capacity, and clear evidence of financial need.
Documents Required for Application
Applicants must prepare and upload the following documents during the application process:
- Academic transcript or 100-level statement of result
- O’Level results (WAEC/NECO)
- Valid student ID card
- Birth certificate or national ID
- Personal statement/essay outlining motivation and career goals
- Proof of financial need (optional but recommended)
- Recommendation letter from a lecturer or department head
Ensure all documents are scanned clearly and uploaded in the specified formats (PDF or JPEG).
Application Deadline
The application deadline for the Moniepoint STEM Scholarship 2025 is October 16, 2025.
Late or incomplete applications will not be accepted. Submit your application well before the deadline to avoid technical delays.
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Tips for a Successful Application
Here are practical tips to help you stand out:
- Apply early to avoid last-minute technical issues.
- Write a clear and inspiring personal statement.
- Highlight your achievements in STEM and any innovative projects.
- Demonstrate real financial need honestly.
- Maintain excellent grades; your GPA is a key selection factor.
- Prepare thoroughly for the aptitude test.
- Keep communication lines open for updates from the foundation.
Your story, clarity of purpose, and academic track record will make your application stand out.
How to Apply for the Moniepoint STEM Scholarship
Follow these simple steps to apply for the Moniepoint STEM Scholarship:
Step 1: Go to the Tosin Eniolorunda Foundation official portal at tosineniolorundafoundation.com/scholarshipapplication.
Step 2: Complete the online application form provide your personal details, educational background, and contact information accurately.
Step 3: Upload required documents Attach your academic results, personal statement, ID, and other requested files.
Step 4: Review your application Cross-check every section to ensure all information is correct and up to date.
Step 5: Submit before the deadline Click the submit button once all sections are complete. You’ll receive a confirmation email.
Step 6: Prepare for possible test or interview If shortlisted, get ready for the assessment phase by revising STEM concepts and aptitude questions.
Submit Before October 16, 2025
