Security Bank Foundation Expands Scholarship Program at Polytechnic University of the Philippines

(from left) Engr. Ana Liza R. Publico (Chief, Scholarship and Financial Assistance Services, Polytechnic University of the Philippines), Prof. Jose M. Abat (Director, Office of the Student Services), Dr. Zenaida R. Sarmiento[MJR1] [SCL2]  (Vice President for Student Affairs and Services, Polytechnic University of the Philippines), Mr. Rafael Simpao, Jr. (Chairman, Security Bank Foundation), Ms. Melissa Aquino (Trustee, Security Bank Foundation), and Engr. Florinda H. Oquindo (Assistant to the Vice President for Student Affairs and Services, Polytechnic University of the Philippines)

Security Bank Foundation, Inc. (SBFI) expanded its college scholarship program at Polytechnic University of the Philippines by increasing the number of scholarship slots offered from ten (10) scholars to twelve (12) for a period of four years. SBFI also increased the scholarship package from an annual stipend of Php 30,000 to Php 100,000 per scholar. These enhancements to the college scholarship program were sealed through a Memorandum of Agreement signing held last December  at Security Bank’s Head Office in Makati City.

The Scholars for Better Communities Scholarship Program by SBFI provides educational assistance to underprivileged but deserving college students taking up courses directly supporting bank operations such as Accountancy, Business, Industrial Engineering, Management, Finance, Information Technology, Computer Studies, Mathematics, Statistics, Communications, and Social Sciences. Aside from financial assistance, Security Bank Foundation also extends developmental activities to its scholars through opportunities for internship, involvement in corporate social responsibility activities, and learning sessions provided by partner institutions.

“The financial assistance that you are giving to our scholars will definitely help them in their day-to-day school related expenses. I commend your Foundation for fulfilling your social responsibility through helping the economically challenged but well deserving students obtain their education. Truly, education plays a vital role in the life of everyone,” said Dr. Zenaida R. Sarmiento, Vice President for Student Affairs and Services of the Polytechnic University of the Philippines.

Over the years, Security Bank Foundation has been building classrooms for public schools, training teachers and school principals, and providing scholarships to ensure access of the Filipino youth to quality education. “We focused our advocacy on education because we believe that education is the greatest equalizer in life. Education will give every person the opportunity to succeed, no matter what his or her social and economic background may be,” Rafael Simpao, Jr., Chairman of Security Bank Foundation, said.

For School Year 2019-2020, Security Bank Foundation has provided educational assistance to 403 scholars nationwide, which is a 24% increase from the total number of beneficiaries from the previous school year.

For School Year 2020-2021, Security Bank Foundation will recruit scholars from incoming college freshmen enrolled in its eight (8) partners schools namely, Ateneo de Manila University, Chiang Kai Shek College, De La Salle University, Far Eastern University, Pamantasan ng Lungsod ng Maynila, Polytechnic University of the Philippines, University of the Philippines Diliman, and University of Santo Tomas. Interested applicants may apply through https://www.securitybank.com/sustainability/education/.


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