SM Foundation opens scholarships

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Friday, November 9, 2012

SM FOUNDATION is now accepting applicants for its scholarship program, which is offered to help others have a better future.

The SM Foundation College Scholarship Program was established by SM Foundation and helps provide quality education to deserving underprivileged high school graduates.

A student may apply for the scholarship program if he or she is a graduate of a public high school. An applicant should also have a household income per year of P150,000 or less and his or her fourth year weighted average grade must be at least 88 percent in the second or third grading period.


Fourth year high school students who may wish to avail of the scholarship program may enroll in Bachelor of Science (BS) in Computer Science, BS in Information Technology, BS in Information Management, BS in Computer Engineering, BS in Electronics and Communications Engineering, BS in Elementary Education, BS in Secondary Education major in Biology, Chemistry, Physics, Mathematics, or English, and BS in Accountancy BSC/BSBA, major in Accountancy.

Interested applicants should completely fill out the SM College scholarship application form, which is now available at the SM Department Store customer service located at the upper ground floor, and at the admin office of SM City Baguio.

Students should also submit a clear photocopy of their F138 or fourth year high school report card with the second or third grading period’s weighted average, as well as a photocopy of their 2008 Income Tax Return or Certificate of Non-Filing of Income.

SM Foundation will also require hopeful scholars to submit the certificate of passing the entrance test in their school of choice by December 20, 2012. Qualified applicants will be notified by the Foundation.

Aside from the scholar’s tuition, SM Foundation will also provide allowances. SM is also encouraging its scholars to earn extra income by offering them jobs during summer vacation. The graduates are not required to work for SM as payback for their education.

Meanwhile, SM Foundation is proud of its SMFI scholars who topped the recent Certified Public Accountants (CPA) board exams.

Wayjorie A. Depayso, magna cum laude from Saint Louis University-Baguio, ranked third, while Marc Rodolf Arca, summa cum laude from Pamantasan ng Lungsod ng Maynila placed fourth.

Jannen Barrona, who graduated summa cum laude from University of the East Caloocan, placed sixth, while Bryan B. Abanilla, who graduated summa cum laude from Meycauayan College in Bulacan, placed ninth.

For school year 2011-2012, 65 SM scholars graduated with a degree in Bachelor of Science in Accountancy. Of this batch, 52 took the recent CPA board exams, wherein 48 scholars passed. This translates to a remarkable passing rate of 92 percent for the SM scholars.

They are among the 1,500 who have graduated with the support of the SM Foundation’s education program.

Through its scholarship unit, SM supports promising students who have no means of achieving higher education.

The SM Foundation also maintains 1,200 bright college scholars coming from different provinces and municipalities nationwide and who are enrolled in various courses. (PR)

Published in the Sun.Star Baguio newspaper on November 09, 2012.

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