In keeping with our mandate to encourage the continuous development of our members we offer the following educational incentives for Thrift Club members:
Scholarship awards

for outstanding achievements in the Barbados Secondary Schools’ Entrance Examinations (11+)
for outstanding achievements in the Caribbean Examination Council (CXC) Examinations
in recognition of attainment of Barbados Government Exhibitions
in recognition of attainment of Barbados Government Scholarships

AWARDS CRITERIA

Barbados Secondary Schools’ Entrance Examinations (11+)

These cash awards (BDS$500.00 each) are granted to the top 10 boys and top 10 girls, respectively, who submit their results from that year’s Secondary Schools Entrance Examination, commonly known as the Eleven-Plus Exam. These awards are open to Thrift Club members.
Thrift Club members must have been enrolled for at least 2 years (24 months) prior to the exam with a minimum of $150.00 on their account as at May 31st of the relevant year.

Caribbean Examination Council (CXC) Examinations

These cash awards (BDS$500.00 each) are granted to the first 10 boys and 10 girls, who submit their results and who have attained a minimum of four (4) Grade 1 passes and three (3) Grade 2 passes in C.X.C examinations in one academic year.
Thrift Club members must have been enrolled for at least 2 years (24 months) prior to the exam with a minimum of $500.00 on their account as at May 31st of the relevant year.
Copies of the student’s exam results must also be submitted.

Barbados Government Exhibitions & Scholarships

These cash awards (BDS$1, 500.00 and BDS$2,000.00 respectively) are granted to each member who submits satisfactory evidence of the award by the Barbados Government.
Awardees must have been members for at least 2 years (24 months) prior to the award with a minimum of $500.00 on their account as at May 31st of the relevant year.
Written proof of advice of the award from the Ministry of Education must be submitted.

Deadlines for submission of results are set by the Business Development & Planning Department in conjunction with the Marketing Department. Presentations of the above awards are made during the Annual Thrift Club Awards Ceremony.