Beware of Fake LAND BANK Cash Assistance for Students

In recent months, misleading information about cash assistance from Land Bank of the Philippines (LAND BANK) has spread across social media platforms, causing confusion and false hopes among students and parents. 

Credits: Land Bank / Facebook

False Claims on Social Media

Several Facebook posts, particularly in groups like “DSWD NEWS AND UPDATE” and “Abot Kamay Na Pangarap Live Today,” have falsely claimed that LAND BANK is offering cash assistance to students. 

These posts often mention amounts ranging from P2,000 to P10,000 for various educational levels, including elementary, high school, and college students.

Reality Check: LAND BANK’s Official Statement

LAND BANK has officially denied these claims. In a statement sent to ABS-CBN Fact Check, the bank clarified, “These are not official Facebook posts of the Land Bank of the Philippines (LAND BANK). We are NOT offering any cash assistance for students. We remind everyone to be vigilant against this ongoing scam. This is fake and is in no way connected to the Bank.”


Understanding LAND BANK’s Programs

While LAND BANK does offer legitimate support programs, it is essential to differentiate these from the fraudulent claims. 

The bank has a scholarship program known as the “Iskolar ng LAND BANK Program (ILP),” which benefits children and grandchildren of agrarian reform beneficiaries, small farmers, and fishermen. 

However, the application and screening process for the 2023-2024 school year has already concluded. 

Future announcements for the 2024-2025 school year will be made through LAND BANK’s official channels.

Overview of LAND BANK’s Legitimate Programs

LAND BANK offers several legitimate assistance and scholarship programs aimed at supporting various sectors, particularly those in agriculture and education. One of the most prominent programs is the “Iskolar ng LAND BANK Program (ILP).”

Iskolar ng LAND BANK Program (ILP)

This scholarship program benefits children and grandchildren of agrarian reform beneficiaries (ARBs), small farmers, and fishermen. 

The ILP covers various educational expenses, helping alleviate the financial burden on families involved in agriculture.

Eligibility Criteria:

  • Applicants must be children or grandchildren of ARBs, small farmers, or fishermen.
  • They must be enrolled in an accredited educational institution.
  • They should meet academic performance standards set by LAND BANK.

Application Process:

  1. Announcement: LAND BANK announces the opening of applications through its official channels.
  2. Submission: Interested applicants submit their application forms along with required documents, such as proof of relationship to ARBs, academic records, and other pertinent certificates.
  3. Screening: LAND BANK reviews applications based on eligibility and academic performance.
  4. Selection: Successful applicants are notified through official communication channels.


  • Full or partial coverage of tuition fees.
  • Allowances for books, supplies, and other educational materials.
  • Financial support for miscellaneous school expenses.

LAND BANK also provides various financial services and programs to support small farmers, fishermen, and agrarian reform beneficiaries, promoting inclusive growth and sustainable development.

How to Verify Official Announcements

In the age of digital information, it’s crucial to verify the authenticity of announcements to avoid falling victim to scams. 

Here are practical tips on how to verify official LAND BANK announcements:

Identifying Official Channels

  • Website: Always refer to LAND BANK’s official website ( for the most accurate and up-to-date information. The website contains all official announcements, program details, and contact information.
  • Social Media: Follow LAND BANK’s verified social media pages. Look for the blue verification checkmark on platforms like Facebook, Twitter, and Instagram. These verified pages regularly post updates, announcements, and important notices.
  • Contact Verification: If you receive information from other sources, cross-check it by contacting LAND BANK directly through their official customer service hotlines or email addresses provided on their website.
  • Official Publications: LAND BANK occasionally releases official publications and press releases. Ensure that these documents are sourced from their official website or recognized news outlets.

Common Features of Scams

Scam posts often share certain characteristics that can help you identify and avoid them. 

Being aware of these features can protect you from falling victim to fraudulent schemes.

landbank PSA
Credits: Land Bank

Typical Scam Language and Tactics

  • Urgency and Pressure: Scam posts often create a sense of urgency, urging you to act quickly to avoid missing out on a supposed opportunity. Phrases like “Hurry, limited slots!” or “Register now before it’s too late!” are common.
  • Too Good to Be True Offers: Scams usually promise significant benefits with minimal effort, such as large sums of money or valuable rewards just for registering or clicking a link. Remember, if it sounds too good to be true, it probably is.
  • Unverified Links: Scammers often include links that lead to fake websites designed to steal personal information. Always hover over links to check the URL before clicking, and ensure it directs you to a legitimate site.
  • Poor Grammar and Spelling: Many scam posts contain noticeable spelling and grammatical errors. Official communications from reputable organizations like LAND BANK are typically well-written and free from such mistakes.
  • Request for Personal Information: Be cautious of posts that ask for sensitive personal information, such as your full name, address, bank details, or identification numbers. Legitimate institutions will never ask for such details through informal channels like social media.

Examples of Scam Tactics

  • Fake Profiles and Pages: Scammers create fake social media profiles or pages that look similar to official ones. Verify the authenticity of the page by looking for the verification badge and checking previous posts for consistency.
  • Phishing Emails: These emails mimic official correspondence but often have slight variations in the sender’s address. They may include malicious links or attachments designed to steal your information.
  • False Testimonials and Reviews: Scammers use fake testimonials and reviews to lend credibility to their schemes. Cross-reference such claims with trusted sources or directly with the institution.

Reporting Scams

If you come across suspicious posts or have been targeted by scammers, report the incident to the appropriate authorities and LAND BANK. 

This helps prevent others from falling victim to the same scheme.

Frequently Asked Questions

1. Does LAND BANK offer cash assistance for students?

No, LAND BANK does not offer cash assistance for students. Any claims about such assistance are FALSE. LAND BANK has clarified that they are not providing any cash assistance and have urged the public to be cautious of scams.

2. How can I verify if an announcement from LAND BANK is genuine?

To verify the authenticity of an announcement, always check LAND BANK’s official website or their verified social media pages. Avoid trusting information from unofficial sources or groups.

3. Are there any upcoming scholarship opportunities from LAND BANK?

LAND BANK will announce the next screening of applicants for the “Iskolar ng LAND BANK Program” for the 2024-2025 school year through their official channels. Keep an eye on their website and verified social media pages for updates.


Misinformation about financial assistance can lead to unnecessary stress and disappointment. 

By staying informed and vigilant, you can protect yourself from scams and ensure you only engage with legitimate programs. 

Remember, LAND BANK’s official channels are your most reliable source of information.


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