J.P. McManus provided University of Limerick with a capital sum in 1996. This established the J.P. McManus Scholarship Award. It's purpose is to fund third level education scholarships. These were avaliable to students of C.B.S. Sexton Street, Limerick. Eight scholarships are awarded annually. Awards are given based on Leaving Certificate examination scores. Each scholarship is valued at €6,750 per annum. The average term of each one is four years.
This scholarship is only open to C.B.S. Sexton Street, Limerick. The student must attain one of the highest eight Leaving Certificate results to obtain a scholarship.