Pursuing higher education has become increasingly important in today’s competitive job market. However, not everyone has the financial means to afford a college education. That’s where scholarships come in. In the Philippines, Landbank of the Philippines offers scholarships to deserving students who dream of a brighter future. In this article, we will provide a comprehensive guide on the Landbank Scholarship program and what aspiring scholars need to know to apply.
What is the Landbank Scholarship Program?
Landbank Scholarship is a program offered by the Land Bank of the Philippines to help financially challenged but academically gifted students pursue their tertiary education. The scholarship covers tuition fees, other school fees, and a monthly stipend to cover living expenses. The Landbank Scholarship aims to create opportunities for underprivileged youth to attain their dreams of finishing college and becoming professionals in their chosen field.
Landbank Scholarship Eligibility Requirements
To qualify for the Landbank Scholarship, applicants must meet the following eligibility requirements:
Academic Requirements
- Must be a Filipino citizen
- Must be a high school graduate
- Must have an average grade of at least 85% or its equivalent in the senior high school report card
- Must have been accepted into or currently enrolled in a full-time undergraduate degree program in a CHED-accredited higher education institution
Financial Requirements
- Must have a combined annual gross income of parents or legal guardians not exceeding Php 300,000.00
- Must not have any other scholarship grants from other institutions
Landbank Scholarship Benefits
The Landbank Scholarship program provides the following benefits to successful applicants:
- Full tuition and other school fees
- Monthly stipend for living expenses
- Book allowance
- Thesis allowance
- Semestral clothing allowance
How to Apply for Landbank Scholarship
Applicants can apply for the Landbank Scholarship by following these steps:
- Visit the official website of the Landbank of the Philippines.
- Download and fill out the application form.
- Attach the required documents, which include a copy of your grades, birth certificate, and a letter of recommendation from a teacher or professor.
- Submit the application form and required documents to the Landbank Scholarship Secretariat.
Required Documents
- Accomplished application form
- 2×2 ID photo
- Senior high school report card or its equivalent
- Certificate of Good Moral Character
- Proof of Income (e.g., ITR or BIR certificate of tax exemption, employment certificate, or barangay certificate)
- Birth certificate or any government-issued ID
Landbank Scholarship Selection Process
After submission of the application form and requirements, the Landbank Scholarship Secretariat will evaluate the documents and select qualified applicants based on the criteria set by the program. The scholarship recipients will be notified through registered mail or any other means of communication.
Frequently Asked Questions
1. Can I still apply for the Landbank Scholarship if I am already enrolled in college?
Yes, as long as you are enrolled in a full-time undergraduate degree program in a CHED-accredited higher education institution.
2. Can I apply for the Landbank Scholarship even if my parents’ income exceeds Php 300,000.00?
No, applicants must have a combined annual gross income of parents or legal guardians not exceeding Php 300,000.00 to qualify for the scholarship.
3. Is there an age limit for applicants?
No, there is no age limit for applicants.
gd evening madam/sir
i want to avail this scholarships for me to continue my studies because my family cannot sustained our financial.
i hope for your kind consideration.