Dhaka, March 18 -- The Prime Minister's Education Assistance Trust will give stipends to some 54 lakh underprivileged and meritorious students in the secondary level through Nagad, a leading mobile financial service provider in Bangladesh, with a view to ensuring their enrolments in schools.

Under the stipend disbursement programme, students from class six to 10 will get Taka 5,000 each in one-time assistance. The disadvantaged students have already applied online for the stipends, with disbursements expected to start very soon.

Earlier, this stipend was distributed through several channels, but various alleged irregularities were observed.

To bring discipline, the government has decided to disburse this assistance solely through Nagad t...