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In this video tutorial, the presenter informs viewers about an opportunity to apply for a local undergraduate scholarship. The application portal opened on the 12th of December 2022 and will close on the 1st of January 2023. Applicants are encouraged to follow the procedure outlined, which includes visiting a web portal, scanning necessary documents, and preparing hand copies for upload. Successful applicants will be contacted after the deadline of 31st January 2023.