10 Scholarships for College Students in the Philippines (December 2024)

There are several scholarships available in the Philippines, most students are looking for scholarships that would help them to pay this significant investment. In order to afford things like books, transportation, food, housing, tuition, and other expenses involved with studying, you must be financially stable. This is the reason scholarships in the Philippines assistance to cut down large expenses.

1. CHED Scholarship

The CHED Scholarship Program is one of the scholarships offered by CHED for entering college students (CSP). The goal is to help incoming first-year college students who plan to enroll in authorized public or private colleges, universities, or Higher Education Institutions (HEI).

Benefits of CHED Scholarship

A CHED Scholar will receive the following benefits under this program:

State / Local Universities

CHED Scholars who prefer to enroll in state university, local university and college will receive the following scholarship benefits:

Full SSP Program

Scholarship BenefitsAnnualSemestral
Tuition and Other School FeesFREEFREE
Stipend₱70,000₱35,000
Book / Connectivity Allowance₱10,000₱5,000
Total₱80,000₱40,000

Half SSP Program

Scholarship BenefitsAnnualSemestral
Tuition and Other School FeesFREEFREE
Stipend₱35,000₱17,500
Book / Connectivity Allowance₱5,000₱2,500
Total₱40,000₱20,000

Private University

CHED Scholars who prefer to enroll in Private Higher Educational Institutions (PHEIs) will receive the following scholarship benefits:

Full PESFA Program

Scholarship BenefitsAnnualSemestral
Tuition and Other School Fees₱40,000₱20,000
Stipend₱70,000₱35,000
Book / Connectivity Allowance₱10,000₱5,000
Total₱120,000₱60,000

Half PESFA Program

Scholarship BenefitsAnnualSemestral
Tuition and Other School Fees₱20,000₱10,000
Stipend₱35,000₱17,500
Book / Connectivity Allowance₱5,000₱2,500
Total₱60,000₱30,000

Learn how to apply for: CHED Scholarship


2. DOST Scholarship

The DOST Scholarship is one of the most well-known Scholarships in the Philippines. The Benefits of the Scholarship attract a lot of Filipino students. It’s no surprise that thousands of applicants compete for the limited scholarship spots every year. The DOST Scholarship is now open to apply.

Benefits of DOST Scholarship

A. Regular Academic Year

Tuition and other school fees (for scholars enrolled in private HEIs)Actual fees up to ₱40,000.00 /AY
Learning Materials and/or Connectivity Allowance₱10,000.00 /AY
Monthly Living Allowance₱8,000.00 / month
Clothing Allowance₱1,000 (1st Sem of 1st Year only)
Transportation Allowance (for those studying outside of home province)1 economy-class roundtrip fare
Group Health and Accident InsurancePremium
Thesis Allowance₱10,000.00
Graduation Clothing Allowance₱1,000.00

B. Mid-Year Term Allowance (if required in the curriculum)

Tuition and other school feesActual fees up to ₱10,000.00
Learning Materials and/or Connectivity Allowance₱2,000.00
Monthly Living Allowance₱8,000.00 / month for two months
Group Health and Accident InsurancePremium

Learn how to apply for: DOST Scholarship


3. OWWA Scholarship

The OWWA Scholarship 2025-2026 program is now open to apply for all eligible college students in the Philippines. Recently, OWWA – the Overseas Workers Welfare Administration has announced the opening of Online Application for its scholarship programs for the school year 2025-2026.

Benefits of Owwa Scholarship

An OWWA Scholar who is selected for the EDSP – Education for Development Scholarship Program, will receive a financial assistance of Php60,000.00 per school year until the completion of their four to five year baccalaureate course.

Learn how to apply for: OWWA Scholarship


4. Remitly Scholarship

The Remitly Cares Scholarship 2024 is open to apply for all eligible college students. Remitly, an online money transfer site has recently launched its Scholarship program to help Filipino college students continue their studies without having to worry about the tuition fees.

Scholarship Benefits

Each Remitly Scholar will receive USD$100 (PHP 5590*) per month for 4 months.

The Remitly provides a direct monthly financial assistance of USD$100 per month over the course of 4 months to qualified college students.

Learn how to apply for: Remitly Scholarship


5. Aboitiz College Scholarship

Aboitiz Foundation has announced the opening of online application for its Aboitiz College Scholarship Program for the school year 2024-2025. Recently, the foundation has made an announcement on Facebook regarding the opening date of online application for its scholarship program.

Scholarship Benefits

Each Aboitiz scholar is entitled to the following scholarship benefits:

  • Full Tuition fees,
  • Monthly Allowance,
  • Latin honors Incentives,
  • Academic Excellence Incentive,
  • Board Review Subsidy,
  • Internship Possibilities, and
  • Non-monetary benefits

Learn how to apply for: Aboitiz Scholarship


6. Hawak Kamay Scholarship

Hawak Kamay Scholarship 2024-2025 program is now open to apply for all eligible college students. The Hawak Kamay Scholarship is also known as HK Scholarship and this scholarship is available at all partner schools and universities of PHINMA Education.

Scholarship Benefits

Following is the list of benefits a Hawak Kamay Scholar will receive:

  • Scholarship Grant
  • Upto 75% Discount on Tuition and Miscellaneous fees
  • No requirement to maintain grades
  • 4-year college scholarship
  • Renewable every semester

Learn how to apply for: Hawak kamay Scholarship


7. SM Scholarship

The SM College Scholarship 2024 Online Application is to open to apply. Recently, SM Foundation, Inc. made an announcement on Facebook regarding the launch of its SM Scholarship program for the school year 2024-2025.

Benefits of SM Scholarship

Following is the list of benefits a SM College scholar will receive:

  • Full Tuition Fees
  • Monthly Allowance
  • Choice of specialization in accounting, information technology, engineering and education
  • Part-time job opportunities during semestral and Christmas break.

Learn how to apply for: SM Scholarship


8. Security Bank Foundation Scholarship

The Security Bank Scholarship 2024-2025 is now open to apply for college students in the Philippines. The Security Bank Foundation Scholars for Better Communities Scholarship Program aims to provide educational assistance to underprivileged but deserving students studying in the partner schools of Security Bank Foundation.

Benefits of Security Bank Scholarship

Following is the list of monetary and non-monetary benefits of the Security Bank Scholarship:

Monetary Benefits

Following is the monetary benefits a college student will receive under this scholarship program:

State Universities

  • A Stipend of Php 25,000 per half-semester or Php 100,000 per year where scholar gets the stipend directly from the school
  • Tuition and Miscellaneous Fees – No allotment due to “Free Tuition Law”

Private Universities

  • A Stipend of Php 12,500 per half-semester or Php 50,000 per year where scholar gets the stipend directly from the school
  • Tuition and Miscellaneous Fees – Maximum of Php 100,000 per year

Non-Monetary Scholarship Benefits

Aside from providing financial assistance, SBFI also extends developmental activities by providing following opportunities to the scholars:

  • Internships,
  • Involvement in corporate social responsibility activities, and
  • Attendance to learning sessions provided by partner institutions.

Learn how to apply for: Security Bank Scholarship


9. Megaworld Scholarship

Megaworld stands by on the principle that a corporation exists to serve others. We believe that we must not only do well but also do good in the community we are part of. This belief has been our driving force to continuously give back to the society through the company’s socio-civic arm, the Megaworld Foundation.

Scholarship Benefits

  • Full tuition fee
  • Allowance
  • Per school year
  • Career opportunity
  • at Megaworld Corporation and/or its subsidiaries and affiliates

Learn how to apply for: Megaworld Scholarship


10. DCWD College Scholarship

The DCWD College Scholarship programs are now open to apply for all eligible college students. The Davao City Water District – DCWD is calling in applications from interested candidates for the DCWD College Scholarship programs for the school year 2024-2025.

DCWD Scholarship Benefits

Following is the list of benefits a DCWD scholar is entitled to:

  • Transportation allowance
  • Meals allowance
  • Boarding house allowance
  • Uniform/textbook allowance
  • Incentive for scholars who will qualify as Dean’s Listers
  • Thesis allowance (graduating year)
  • Cash Incentive upon graduation
  • DCWD College Scholarship for Indigenous Peoples (IPs)

Learn how to apply for: DCWD College Scholarship


Frequently asked questions

Is there a CHED scholarship for 2024?

The CHED Merit Scholarship Program for incoming first-year college students for the academic year 2024-2025 now accepting applications.

Is it okay to have 2 scholarships in the Philippines?

You are only eligible for one scholarship program.