The SM Foundation College Scholarship is a significant program aimed at supporting underprivileged yet deserving students in the Philippines.
The scholarship, provided by the corporate social responsibility arm of the SM Group of Companies, covers full tuition, school fees, and book allowances, making higher education more accessible.
Target beneficiaries are Grade 12 graduates from public and private schools in specified areas, with a total household income not exceeding P250,000 per year.
Applicants can expect a comprehensive application process, including online submission, exams, interviews, and potential home visits.
Successful scholars gain access to a range of benefits, including a monthly allowance, part-time job opportunities, and exclusive job offers upon graduation so that they are well-prepared for future careers.
What is the SM Foundation?
The SM Foundation is the corporate social responsibility arm of the SM Group of Companies.
It focuses on creating positive change in the lives of Filipinos through education, healthcare, and livelihood programs.
Active for over three decades, the foundation has helped countless individuals and communities across the Philippines.
What is the SM Foundation College Scholarship?
The SM Foundation College Scholarship is a key program designed to support underprivileged yet deserving students in pursuing higher education.
This scholarship covers tuition, school fees, and provides book allowances.
The foundation partners with reputable colleges and universities nationwide so that scholars receive quality education.
Benefits of the SM Foundation College Scholarship
Choice of Specialization
Scholars can choose from a variety of courses, including accounting, information technology, engineering, and education, tailored to their career goals.
Full Tuition Coverage
The scholarship covers full tuition and other school fees, easing the financial burden on students and their families.
Monthly Allowance
Scholars receive a monthly allowance to help with living expenses, allowing them to focus on their studies.
Part-time Job Opportunities
During breaks, scholars can work part-time at SM Group of Companies, gaining valuable work experience and extra income.
Exclusive Job Offers
Upon graduation, scholars are offered exclusive job opportunities within the SM Group, providing a strong start to their careers.
Enrichment Programs
Scholars can participate in leadership training, community service, and cultural tours, helping them develop a well-rounded skill set.
Qualifications for the SM College Scholarship Program
To be eligible, applicants must:
- Be Grade 12 graduates from public or private schools within the program’s covered areas.
- Private school graduates must have a DepEd voucher and have completed Grade 10 in a public high school.
- Maintain a general weighted average of at least 92% in Grade 12 – 1st semester.
- Have a total household income of at most P250,000 per year.
Coverage Areas
- Luzon: NCR, Albay, Bataan, Batangas, Benguet, Bulacan, Cagayan, Camarines Norte, Camarines Sur, Cavite, Isabela, Laguna, Nueva Ecija, Palawan, Pampanga, Pangasinan, Sorsogon, Quezon, Rizal, Tarlac, Zambales
- Visayas: Capiz, Cebu, Iloilo, Leyte, Negros Occidental
- Mindanao: Agusan del Norte, Davao del Sur, Misamis Oriental, South Cotabato, Zamboanga del Sur
Document Requirements
Applicants need to submit:
- Completed online application form
- Parent’s or Guardian’s latest Income Tax Return / Certification of Non-Filing of Income / Certificate of Indigency
- Latest Grade 12 report card
- Birth Certificate
- 2×2 ID picture
- Sketch of home to the nearest SM Mall
Courses Offered
The scholarship program offers a wide range of courses, such as:
- BS in Computer Science
- BS in Computer Engineering
- BS in Mechanical Engineering
- BS in Accounting Information Systems
- BSBA in Management Accounting
- BS in Information Technology
- BS in Civil Engineering
- BS in Accountancy
- BS in Internal Auditing
- BS in Elementary Education
- BS in Electronics and Communications Engineering
- BS in Electrical Engineering
- BS in Accounting Technology
- BSBA in Financial Management
- BS in Secondary Education (various majors)
These courses align with current job market demands, ensuring graduates are well-prepared for their careers.
What to Expect: Application Process
Online Application
Start by filling out the online application form and uploading the required documents at SM Foundation Scholarship.
Confirmation of Application
Log in to the SM Scholarship Online System to confirm your application within seven days of submission.
Processing and Evaluation
The foundation will review your application and documents. Applicants will receive an email regarding their application status, indicating either “Declined” or “For Exam.”
Examination
Exam schedules and venues will be sent via email. Successful applicants will be notified on the same day.
Interview
Those who pass the exam will be interviewed by the SM Foundation on the same day.
Home Visit
The foundation may conduct home visits to verify the applicant’s circumstances.
Confirmation of School and Course
Successful applicants will be notified via email to confirm their school and course choices.
Orientation and Contract Signing
An email with the schedule for orientation and contract signing will be sent to the selected applicants.
Application Period
The application period runs between February 1 to March 31 of each year.
Make sure that all eligibility requirements are met and necessary documents are prepared before submitting your application.
Late submissions will not be accepted, so mark your calendar and apply early.
Recent Updates
Nurturing Future Leaders: SM Foundation’s Comprehensive Scholarship Program
The SM Foundation is dedicated to nurturing future leaders through its comprehensive scholarship program. By providing support and opportunities, the foundation aims to empower deserving individuals and help them realize their full potential, creating a positive impact on society and shaping the leaders of tomorrow.
Jay Pee Hornillos, an accomplished CPA, expresses heartfelt gratitude to family, friends, mentors, employers, and institutions for their unwavering support throughout his challenging yet triumphant journey to passing the May 2024 Licensure Examination for Certified Public Accountants. His success stands as a testament to the power of dedication, faith, and the collective encouragement of those who have been instrumental in his achievement. Jay Pee’s journey from BSA Graduate to Certified Public Accountant is a story of perseverance, gratitude, and the impactful role of support systems in realizing one’s dreams.
Video: Celebrating Exceptional SM College Scholar Graduates in a Memorable Ceremony
In a remarkable face-to-face ceremony, the outstanding SM College Scholar graduates were proudly presented, marking an epic moment of accomplishment. The event recognized their exceptional achievements and highlighted the success and impact of the SM College Scholarship program in shaping the futures of these remarkable scholars.
Conclusion
The SM Foundation College Scholarship offers a remarkable opportunity for underprivileged yet deserving students to pursue higher education.
With benefits like full tuition coverage, monthly allowances, part-time job opportunities, and exclusive job offers, this scholarship is a gateway to a brighter future.
By focusing on academics, preparing early, and getting involved in extracurricular activities, you can increase your chances of being accepted into this prestigious program.
Good luck on your journey, and may you find success with the SM Foundation College Scholarship!