Five hundred students in NCD will receive K1000 each from the funding.
The financial support will go towards subsiding their school fees and alleviating the burden off from the students and their parents.
On Tuesday, six student leaders from six tertiary institutions in Port Moresby on behalf of their associations received funding. These institutions are, UPNG, PAU, DBTI, POMTECH, APEX, ITI and Admin College.
The Maprik District Administration has spent K5 million since 2013 investing in its human resource.