The Land Bank of the Philippines (LANDBANK) will soon accept applications for its new scholarship program and select scholars from the poorest 60 provinces in the country.
Under the Iskolar ng LANDBANK Program, the Bank will select the scholars from nominations endorsed by the Bank’s partner-organizations composed of farmers and fishers.
This new selection process was announced after the Bank received numerous queries from interested applicants following the program’s launch last February.
“We want the Iskolar ng LANDBANK Program to create meaningful impact in the
lives of deserving students who really need assistance the most. We are now
reaching out to our partner cooperatives, associations, and organizations in the agri
sector to nominate dependents from among their members,” said LANDBANK
President and CEO Cecilia Cayosa Borromeo.
The Iskolar ng LANDBANK Program is designed to assist deserving dependents of
agrarian reform beneficiaries (ARBs) and small farmers and fisheries nationwide.
From 2023 to 2028, LANDBANK will select sixty scholars each year, to be provided
with P100,000 each per year to cover allowance and expenses for books, clothing,
and other course requirements. Special cash incentives will also be awarded to
scholars who will graduate with honors.
Eligible applicants shall be the children or grandchildren of ARBs or small farmers
and fishers who are graduating high school students, with a minimum average grade
of 90% or belonging to the top 10% of their class.
Applicants must also have a letter of endorsement from their senior high school
principal; must not enjoy any other financial assistance, grant, or scholarship from
other external sources; must pass the admission requirements of partner State
Colleges and Universities (SUCs); and whose annual total family income must not
exceed Php 300,000.00.
Successful applicants have 12 eligible courses to choose from, namely horticulture,
animal science, food technology, data analytics, information technology, accounting,
agribusiness management, and agricultural, IT, industrial or management, civil, and
mechanical engineering.
Iskolar graduates will be also offered on-the job (OJT) training in LANDBANK
Branches and Lending Centers, including the Bank’s partner agencies and
institutions.
The Iskolar ng LANDBANK Program carries the theme: “600@60: Developing
Scholars and Nurturing Talents Towards Serving the Nation,” representing the Bank’s
target 600 scholar graduates—which includes graduates from the Bank’s previous
scholarship program—in celebration of LANDBANK’s 60th anniversary this year.
