SM Foundation has awarded around 500 incoming college students nationwide with scholarship grants at the MAAX Auditorium in Pasay City, SM Malls, and SM Stores in various provinces simultaneously.
Of the 500 new SM college scholars awarded on May 8, 35 percent are from the National Capital Region (NCR) and 65 percent are from the other provinces, bringing the total number of college scholars to 1,200 for school year 2019-2020.
This year also marks another milestone for the program as it expanded its reach to students in Bataan, Daet, and Sorsogon.
In Puerto Princesa City, four incoming college students qualified to the SM college scholarship grant, namely: Charmaine Charm Bañadera, Lo-amni Lalantacon, Mae Kristine Mendoza, and Germean Hasett Jarabejo.
The SM College Scholarship program was founded on SM patriarch, Tatang Henry Sy, Sr.’s belief that education is the greatest equalizer. He believed that if he could help send one child to school, that child can then help his or her siblings finish schooling and together, they can help uplift their family out of poverty. From its inception in 1993, the program has produced 3,274 college scholar-graduates and still continues to provide thousands of Filipino youth the chance for a better future through higher education.
SM Foundation is the social development arm of the SM Group of Companies. Its programs are focused on providing better access to education, healthcare, food security through farmers’ training, shelter, and social inclusion.