Scholars for Better Communities

Agency Personnel Scholarship Program

 

Background

The Regalo Mo, Kinabukasan Ko (RMKK) Scholarship Program is the agency personnel scholarship program of Security Bank Foundation.  The program provides educational assistance to agency personnel assigned to Security Bank offices and branches. The objective of the program is to help the agency personnel secure good education for themselves and/or their children so they will have better opportunities to improve their families’ quality of life.

Scholarship Package

Each scholar is entitled to the following benefits per academic year until he finishes his current education level.

Stipend

• Elementary – Php 2,000 per month for maximum of 10 months
• High School – Php 2,000 per month for maximum of 10 months
• College – Php 3,000 per month for maximum of 10 months

Tuition and Miscellaneous Fees

• Elementary – maximum of Php 5,000 per year
• High School – maximum of Php 7,000 per year
• College – maximum of Php 25,000 per year

Note: Financial assistance will be released subject to the maximum amount per year and based on the actual number of months during which the classes are conducted and ongoing. 

Non-Monetary Scholarship Benefits

Aside from providing financial assistance, SBFI also extends developmental activities through opportunities for internship, involvement in corporate social responsibility activities, and attendance to learning sessions provided by partner institutions.

Eligible Courses

Scholarship slots shall be offered to elementary to college students taking up courses of their choice.

Eligibility Criteria

• Agency personnel must be assigned in Security Bank for at least 1 year with good employment record
• Children of agency personnel or agency personnel themselves
• One agency personnel scholar per branch. For larger units, multiple scholars may be accommodated depending on the size of the unit.
• Student’s latest General Weighted Average (GWA) of at least 80% or its equivalent
• No other family member currently admitted to the scholarship within second degree of consanguinity or affinity
• No other existing scholarship except for discounts provided by schools

Application Requirements

1. Online Application Form
2. Latest Report Card with Final GWA
3. Certificate of Good Moral Character
4. Endorsement Letter from Security Bank Head (Download template)
5. Endorsement Letter from the Agency (Download template)
6. Birth Certificate
7. Portrait Photo
8. Medical Certificate (if scholarship applicant is the agency personnel himself/ herself)

Application Period

For Academic Year (AY) 2021 – 2022:

• Opening of Applications: June 1, 2021
• Deadline of Applications: July 31, 2021

Screening and Selection Process

• Only applications submitted online will be screened by Security Bank Foundation’s Scholarship Officer.
• Security Bank Foundation may validate the data indicated in the application by through mobile phone call and email.
• Admitted applicants will be notified through mobile phone call and email. Applicants should ensure active contact information stated in the online application form.
• Newly admitted scholars will sign a scholarship contract to confirm their admission.

Terms and Conditions

• The scholarship assistance commences on the academic year that the scholar was admitted and ends at the last grade or year of the said education level (e.g. elementary, junior high, senior high and college).
• For college, the scholar must be enrolled for at least the minimum number of units/load required by the school for each school year/term.
• Scholars are required to maintain at least 80% general weighted average and 80% per subject grade by the end of the term or academic year.
• Agency personnel must be continuously assigned in Security Bank with good employment record.

Scholarship Renewal

Elementary and Junior High Scholars are required to renew their scholarship every year while Senior High and College Scholars have to renew their scholarship every school term (i.e. semester/trimester). The following documents must be submitted for renewal:

• Online Renewal Form
• Certificate of Enrolment/Registration Form for the next school term/year
• Report Card/Transcript of Records indicating general weighted average for the previous school term/year
• Updated grading system from school or university (if applicable)
• Assessment of fees
• Reconsideration Letter (only if the scholar fails to meet the per subject grade requirement)

Termination

A scholar may be terminated from the scholarship upon commission of any of the following grounds:

• Failure to submit renewal requirements on the date of the deadline
• Failure to meet general weighted average
• Failing, incomplete, or dropped grade in both academic and non-academic subjects
• Deferment of enrolment in a school year (except for poor health)
• Violation of school policies during the availment of the grant
• Agency personnel violation of company policy/infraction
• Termination of assignment or resignation of agency personnel in Security Bank
• Availment of another scholarship

Frequently Asked Questions

For new applicants and existing scholars who recently graduated from elementary, junior high and senior high, click apply now.

For continuing scholars within the same education level, click renew scholarship now.