McManus awards bursaries to lucky students
ONE of the country's most successful businessmen JP McManus last night awarded eight lucky students scholarships worth almost €7,000 for every year of their third level education.
Since 1997, Mr McManus has awarded 104 scholarships to students attending his old school, Colaiste Mhichil, formerly CBS Sexton Street, worth almost €1.5m.
This year's recipients -- Jamie Lynch, Rory Lynch, Patryk Mania, Patrick McNamara, Jack Molyneaux, Eoin O'Brien, Mark O'Toole and Keith Sheahan -- will each receive €6,750 for each year of their education.
The scholarships are now running at a rate of €216,000 per annum.
Mr McManus said he was "hoping" the country's economic fortunes would have improved by the time this year's recipients have completed their third level education.
"Who knows when they come through the system, I am sure things will have changed for the better," he said.
Mr McManus said it was wonderful to honour another group of students who have worked incredibly hard to achieve such high standards in their education.
He also admitted that he was not one of the academics during his time in secondary school and was "probably at home milking the cows" as opposed to hitting the books.
"I keep in touch with some of the lads I went to school with. Some are academics, more of them are like myself -- it takes all types to make a world," he joked.
"Congratulations to all the winning students, and indeed their parents and teachers for their guidance and support. I hope that the 2009 scholarship recipients will endeavour to replicate the successes of former winners and I wish them the very best with their future studies," he said.
Over 100 guests including Minister for Lifelong Learning, Sean Haughey, Mayor of Limerick, Kevin Kiely and Chairman of Limerick County Council, David Naughton attended last night's event at the Dunraven Arms Hotel.
Mr Haughey said all recipients were extremely lucky to benefit from Mr McManus's kindness.
"The vision and practical support of people like JP McManus from the world of business shows that philanthropy can make a real difference to the lives of students looking to gain from all the benefits from our higher education system," Mr Haughey said.