Security Bank Scholarship 2024-2025 is Open | Apply Now

ByCareers Filipino Team

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.

Security Bank Scholarship 2024

The Security Bank Scholarships program is an initiative by the Security Bank Foundation. Security Bank Foundation (SBFI) is the corporate social responsibility arm of Security Bank Corporation (SBC) and was established on August 25, 1993. SBFI believes education as a long-term solution to poverty alleviation through its various programs such as building classrooms.

Security Bank Scholarship is funded by SBFI while partner schools help in the screening and selection of applicants, disbursing the scholarship benefits, and monitoring the performance of the scholars.

Who can apply for Scholarship

College Students from both State Universities and Private Universities can apply for the Security Bank Scholarships program.

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

Please note that the financial assistance will be released subject to the maximum amount per year and based on the actual period during which the classes are conducted and ongoing.

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.

Eligibility Requirements

Following is the eligibility criteria required to apply for this scholarship program:

  • The applicant must be a graduating Grade 12 student from public/private school
  • Latest General Weighted Average (GWA) of at least 90% or its equivalent
  • No parent currently employed/assigned in Security Bank
  • No other family member currently admitted to the scholarship within second degree of consanguinity or affinity
  • No other existing scholarship except for discounts provided by schools
  • He or She must enroll in any of the 8 partner schools in NCR

Documentary Requirements

Following is the list of documents required to apply for the scholarship

a. For Application:

  • A Duly accomplished Online Application Form
  • Latest Grade 12 Report Card with Final General Weighted Average (up to latest available quarter grading, if no final GWA)
  • Latest Parent/Guardian’s Income Tax Return (for employed) / Certificate of Indigency (for unemployed) / Copy of OFW Employment Contract with Compensation
  • Proof of Admission / Acceptance Letter from any of the 8 Partner Schools
  • Birth Certificate of Scholar
  • Portrait Photo of Scholar

b. Upon admission to the scholarship program:

  • Certificate of Enrollment / Registration Card for A.Y. 2024-2025
  • A Copy of school calendar for A.Y. 2024-2025
  • Copy of School Grading System (if the school does not use percentage [%] for grading)
  • A Copy of Course/Program curriculum
  • Copy of Parent/Guardian’s Government Issued ID (for notary)

Priority Courses for the scholarship

Scholarship slots shall be offered to college students taking up the following priority courses directly supporting bank operations including:

  1. Accountancy
  2. Accounting Information System / Technology
  3. Internal Auditing
  4. Marketing
  5. Financial Management
  6. Industrial Engineering
  7. Management Engineering
  8. Applied Mathematics
  9. Business Analytics / Statistics
  10. Data Science
  11. Computer Science / Technology
  12. Information Systems / Technology

Partner Schools of Security Bank Foundation

Following is the list of 8 partner schools of Security Bank Foundation eligible for this program:

  1. Ateneo De Manila University
  2. Chiang Kai Shek College
  3. De La Salle University – Manila
  4. Far Eastern University – Manila
  5. Pamantasan ng Lungsod ng Maynila
  6. Polytechnic University of the Philippines – Manila
  7. University of the Philippines – Diliman
  8. University of Santo Tomas – Manila

Scholarship Application Timeline

  • The opening date of applications for the security bank scholarships program is June 1, 2024.
  • The deadline date to submit application for the security bank scholarship is June 30, 2024.

How to Apply for Security Bank Scholarship

All interested and eligible college students can apply for Security Bank Scholarship by visiting the online application portal from here: https://www.securitybank.com/foundation/external-scholarship-program/.

Security Bank Scholarship Video Guide