Prior to its Transformation in 2005, the Katsina state Scholarship Trust Fund was known as Katsina State Scholarship Board. It was established following the creation of Katsina State out of the former Kaduna State through the enactment of Katsina State Scholarship Board Law (Amendment Edict) 1988. It was primarily charged with the responsibility of assisting eligible students of State origin to pursue post-secondary school courses in various higher institutions across the country. It also has the mandate to source for funds and scholarships from within and outside Nigeria. Following the enactment of Scholarship Trust Fund Law No. 12 of 2005, the State Scholarship Board Law was repelled.
The then Governor of the State, Late Alh. Umar Musa Yar’adua allocated N1,444,016,545.86 as seed fund at its inception jointly contributed by the State and the Local Government Councils with a mandate to invest the fund and the proceeds accruing therefrom be utilised to service the scholarship scheme in the State on a sustainable manner.
It was intended that the said proceed will not be utilised until after two (2) years of its inception. The Trust Fund used the proceeds accrued for the payment of all the scholarship allowances of the students in the 2007/2008 session totalling N304,951,200:00
In the year 2008 the nation witnessed a meltdown in the stock market which crippled the Trust Fund’s investment. It was left with no option than to seek for Government intervention. The then government under the leadership of Barr. Ibrahim Shehu Shema, CON intervened and mandated that 90% of the Trust Fund’s requirement will come from the following sources: 45% State Government 45% Local Government Councils while the Trust Fund contribute 10% from 2008/2009 to date.
There were upward reviews of allowance from time to time especially the Nigerian Law School students allowances which was reviewed from N108,500 to N440,000 per student.
Payment of allowances has been constant and the Trust Fund has now introduced e-payment system to the affected beneficiaries. Also it has succeeded in computerizing all its operations by developing data driven website and an offline database software.
With the incoming Government in May 29th 2015 under Rt. Hon. Aminu Bello Masari (Dallatun Katsina) the tempo was maintained for the payment of students' allowances. It is interesting to note that the Nigerian Law School students were paid their allowances before registration commenced, as failure to do that in the past rendered some of the students from poor families to miss the programme.