The Iskolar ng LAND BANK Program, launched by the Land Bank of the Philippines in 2023, is an empowering scholarship program designed to support the children and grandchildren of agrarian reform beneficiaries (ARBs), small farmers, and fishers.
This program aims to foster socio-economic development by providing educational opportunities to deserving students from the country’s sixty poorest provinces.
It offers scholarships for a variety of courses at State Universities and Colleges (SUCs), ensuring a comprehensive support system for the beneficiaries.
With a focus on nurturing young talents, the ILP paves the way for a brighter future through accessible education and targeted financial assistance.
Introduction to the Iskolar ng LAND BANK Program
The ILP, initiated by the Land Bank of the Philippines in 2023, is an empowering scholarship initiative.
Aimed at supporting the children and grandchildren of agrarian reform beneficiaries (ARBs), small farmers, and fishers, this program seeks to foster socio-economic development through education.
With the goal of nurturing deserving students from the country’s sixty poorest provinces, the ILP offers scholarships for various supported courses at State Universities and Colleges (SUCs).
About LAND BANK
Established on August 8, 1963, under Republic Act 3844, LAND BANK is a government-owned financial institution.
Its primary mission is to promote countryside development while maintaining financial viability.
As a specialized government bank with a universal banking license, LAND BANK serves the financial needs of farmers and fishermen across the Philippines.
Eligibility Criteria
To qualify for the ILP, applicants must meet specific eligibility criteria:
- Citizenship: Applicants must be Filipino citizens.
- Family Background: Must be the child or grandchild of an agrarian reform beneficiary, small farmer, or fisher.
- Endorsement: Must be recommended by a LAND BANK agriculture-based client cooperative, association, or organization in the identified provinces.
- Academic Performance: Must be graduating high school students with a minimum average grade of 90% or belong to the top 10% of their class.
- High School Endorsement: Must have an endorsement from their high school principal.
- Financial Status: Should not be receiving any other financial assistance, grant, or scholarship from external sources.
- Admission Requirements: Must pass the admission requirements of partner SUCs.
- Income: The total annual family income must not exceed P300,000.00, with exemptions considered on a case-by-case basis.
Eligible Courses
The ILP offers a variety of eligible courses.
Applicants can choose from the following twelve fields of study:
- Agribusiness Management
- Horticulture
- Animal Science
- Food Technology
- Agricultural Engineering
- IT Engineering
- Industrial/Management Engineering
- Civil Engineering
- Mechanical Engineering
- Accounting
- Information Technology
- Data Analytics/Science
Application Process
Follow these steps to apply for the ILP:
1. Access the Application Form: Forms can be obtained from designated LAND BANK branches, partner institutions, or the students’ affairs office of your institution.
2. Read Instructions Carefully: Before filling out the form, read the instructions thoroughly to understand all requirements and guidelines.
3. Provide Personal Information: Fill in your personal information accurately and completely.
4. Verify Eligibility: Ensure you meet all the eligibility criteria for the scholarship program.
5. Select Desired Course: Choose your preferred course of study from the list of eligible courses.
6. Submit Required Documents: Prepare and submit all required documents, including proof of eligibility, academic transcripts, recommendation letters, and any other supporting documents as specified.
7. Review and Finalize: Review your completed application form and attached documents. Make any necessary revisions or corrections before submission.
8. Submit Application: Submit your application through the designated channels specified by the Iskolar ng LAND BANK Program or as instructed by the students’ affairs office.
9. Confirmation: Wait for confirmation from the program administrators regarding the status of your application.
10. Follow-Up: Keep track of updates and communications from the Iskolar ng LAND BANK Program regarding your application.
Application Deadlines
The Iskolar ng LAND BANK Program is open for applications starting from 2023.
LAND BANK will select sixty scholars each year from 2023 through 2028.
Ensure your application is submitted within the designated timeframe to be considered for the scholarship.
LAND BANK Partner Schools
LAND BANK collaborates with various State Universities and Colleges (SUCs) to provide quality education to students.
Here are some of the partner schools:
- Benguet State University
- Mariano Marcos State University
- Isabela State University
- Central Luzon State University
- University of the Philippines Los Baños (UPLB)
- Marinduque State College
- Central Bicol State University of Agriculture
- UP Visayas (Mag-ao Campus)
- Negros Oriental State University
- Bohol Island State University
- Visayas State University
- Jose Rizal Memorial State University
- Central Mindanao State University
- University of Southeastern Philippines
- University of Southern Mindanao
- Surigao del Sur State University
- Mindanao State University
Benefits and Scholarship Programs
The Iskolar ng LAND BANK Program offers numerous benefits to scholars:
- Annual Allowance: Scholars receive P100,000 per year, covering allowances and expenses for books, clothing, and other course requirements.
- Special Cash Incentives: Graduating with honors comes with special cash incentives.
- On-the-Job Training (OJT): Opportunities for OJT in LAND BANK branches, lending centers, and partner agencies and institutions.
Contact Details
For inquiries, contact the LCDFI – LAND BANK Countryside Development Foundation Inc. at the following details:
- Phone: (02) 85220000 locals: 8360; 2061
- Email: ilp.lcdfi@gmail.com
Feel free to reach out for any questions or concerns regarding the Iskolar ng LAND BANK Program.
Final Thoughts
The Iskolar ng LAND BANK Program stands as a testament to LAND BANK’s commitment to promoting countryside development and empowering communities.
This scholarship initiative offers a gateway to education and professional success for economically disadvantaged yet deserving students.
If you are a child or grandchild of agrarian reform beneficiaries, a small farmer, or a fisher, consider applying for this transformative scholarship.
Explore the benefits and requirements of the program and take the first step towards a brighter future.