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Security Bank Scholarship 2024-2025 | Apply NOW
Security Bank has recently announced the opening of online application for its college scholarship program for the school year 2024-2025. The Security Bank is one of the Philippines largest banks with a goal to offer educational opportunities for students.
Table of Contents
- Security Bank Scholarship
- Scholarship Benefits
- Eligibility Criteria
- Priority Courses for scholarship
- Partner Schools
- Documentary Requirements
- Security Bank Scholarship Application Period
- How to Apply for Security Bank Scholarship
- Screening and Selection Process
- Security Bank Scholarship – Video Guide
- Frequently Asked Questions:
Security Bank Scholarship
The Security Bank Scholarship program is introduced 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. The Foundation believes education as a long-term solution to poverty alleviation through its various programs such as building classrooms.
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.
Scholarship Benefits
Selected scholars are eligible for the following monetary and non-monetary benefits:
Monetary benefits
State Universities
- Stipend of Php 25,000 per half-semester or Php 100,000 per year where scholar gets the stipend directly from the school
- No allotment of Tuition and Miscellaneous Fees due to “Free Tuition Law”.
Private Universities
- Stipend of Php 12,500 per half-semester or Php 50,000 per year where scholar gets the stipend directly from the school
- A Maximum of Php 100,000 for Tuition and Miscellaneous Fees per year.
Non-Monetary Scholarship Benefits
Along with 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.
Please keep in mind that financial assistance will only be granted up to a maximum amount per year and will be based on the number of months the programs are conducted and maintain to be conducted.
Eligibility Criteria
Here is the eligibility criteria one must meet to apply for this scholarship program:
- The candidate 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
Priority Courses for scholarship
Following is the list of priority courses of security bank scholarship:
- Accountancy
- Internal Auditing
- Marketing
- Financial Management
- Industrial Engineering
- Management Engineering
- Applied Mathematics
- Business Analytics/ Statistics
- Data Science
- Computer Science/ Technology
- Information Systems/ Technology
- Accounting Information System/ Technology,
Partner Schools
Security Bank Foundation funds this scholarship program while partner schools help in the screening and selection of applicants, disbursing the scholarship benefits, and monitoring the performance of the scholars.
The 8 partner schools of Security Bank Foundation are as follows:
- Ateneo De Manila University
- Chiang Kai Shek College
- De La Salle University – Manila
- Far Eastern University – Manila
- Pamantasan ng Lungsod ng Maynila
- Polytechnic University of the Philippines
- University of the Philippines – Diliman
- University of Santo Tomas
Also Read: Aboitiz Scholarship 2024 is open to apply
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)
Security Bank Scholarship Application Period
- The opening date of Security bank scholarship online application is June 1, 2024.
- The deadline date to submit application for the Security bank foundation scholarship is June 30, 2024.
How to Apply for Security Bank Scholarship
All interested and eligible college students can apply for Security Bank Scholarship 2024 program by visiting the online application portal from here: https://www.securitybank.com/foundation/external-scholarship-program/.
Screening and Selection Process
Following is the screening and selection process of this scholarship program:
- Only applications submitted online will be screened by Security Bank Foundation’s Scholarship Officer.
- Valid applications are endorsed to respective scholarship coordinators of Security Bank Foundation partner schools/universities.
- Security Bank Foundation may validate the data indicated in the application through mobile phone call and email.
- Applicants who passed the first level review will proceed to the online interview.
- Admitted applicants will be notified through mobile phone call and email. Applicants should ensure active contact information stated in the online application form.
- Newly admitted scholars will sign a scholarship contract to confirm their admission.
Security Bank Scholarship – Video Guide
Frequently Asked Questions:
What is the Security Bank Scholarship?
The Security Bank Scholarship is a financial assistance program for deserving Filipino students pursuing undergraduate degrees. Applicants must be enrolled at a Security Bank Foundation partner school and meet certain academic and financial requirements to be eligible.
I already have a scholarship from another grantors. Is it still possible for me to apply?
No, it’s not possible to apply.
Do you accept applicants who will be studying outside of the partner schools?
No. The scholarship is only available to students enrolled in one of the eight partner schools, which are Ateneo De Manila University, Chiang Kai Shek College, De La Salle University – Manila, Far Eastern University – Manila, Pamantasan ng Lungsod ng Maynila, Polytechnic University of the Philippines, University of the Philippines – Diliman, and University of Santo Tomas.
Do we have to be accepted by the partner school before applying for the scholarship?
No, not always. Upon application, you may just send the application confirmation. If the applicant is selected for the online interview round, the certificate of acceptance from the partner school will be required.
I am currently enrolled in one of the courses you are supporting. Am I eligible to apply?
No, the scholarship is only available to incoming freshman.
