SM Foundation Scholarship 2024: Requirements and Application

February 26, 2024

Inspiring the Next Generation: Why SMFI is Committed to Investing in Education

In a world where change is constant, one thing remains steadfast: the importance of education in shaping the future. SM Foundation Inc. (SMFI) stands as a beacon of commitment, dedicated to nurturing the minds of the next generation. With a firm belief in the transformative power of education, SMFI tirelessly invests in initiatives aimed at empowering youth and providing them with the tools they need to thrive. Join us as we delve into the invaluable work of SMFI and explore why their dedication to education is pivotal in inspiring a brighter tomorrow.

Understanding the Mission of SM Foundation Inc.

The SM college scholarship program, initiated by SM founder and esteemed philanthropist Henry “Tatang” Sy Sr., stands as a testament to his enduring legacy of compassion and commitment to societal upliftment. Over the years, this program has been a beacon of hope for nearly 4,000 graduates, equipping them with the necessary tools to not only pursue higher education but also to cultivate their talents and skills, thereby breaking the shackles of poverty that have plagued their families for generations. Rooted in Tatang’s vision of empowerment through education, the SM college scholarship program has emerged as a transformative force, empowering individuals to transcend their circumstances and realize their full potential.

In alignment with the ethos of the SM Group founder, the SM college scholarship program extends its reach to senior high school graduates from both public and private institutions, ensuring inclusivity and equal opportunity for all. This program serves as a lifeline for aspiring scholars pursuing degrees in critical fields such as Computer Science, Engineering, Business, Accounting, and Education at accredited partner colleges and universities across the nation. By providing access to quality education in these key disciplines, SM Foundation Inc. continues to uphold its mission of fostering holistic development and paving the way for a brighter, more prosperous future for generations to come.

Schedule of Application: Key Dates and Deadlines for Scholarship Applications

For aspiring scholars eager to embark on their educational journey with SM Foundation Inc., it is essential to mark your calendars and take note of the critical dates and deadlines for the 2024 SM College Scholarship application cycle. The online application process for the esteemed SM College Scholarship 2024 will officially commence on February 1, 2024, marking the beginning of an exciting opportunity for deserving candidates to pursue their academic dreams. From this date forward, prospective scholars will have the chance to submit their applications and vie for a chance to become beneficiaries of this life-changing scholarship program.

However, time is of the essence, as the deadline for submitting applications for the SM Scholarship is set for March 31, 2024. As this date approaches, aspiring scholars are urged to diligently complete their applications and ensure that all required documents are submitted in a timely manner. With the deadline fast approaching, it is imperative for candidates to stay organized and focused, making use of the available resources and support to present their best selves on their scholarship applications. By adhering to these key dates and deadlines, aspiring scholars can maximize their chances of securing this invaluable opportunity for academic and personal growth offered by SM Foundation Inc.

Application Process: Step-by-Step Guide to Applying for an SMFI Scholarship

Navigating the application process for the SM Foundation Inc. (SMFI) Scholarship is a pivotal step towards unlocking a world of educational opportunities. To ensure a seamless experience for all prospective scholars, here’s a comprehensive guide outlining the step-by-step process to apply for the esteemed SMFI Scholarship program for the school year 2024-2025.

How To Apply for SM Scholarship

Visit the Online Scholarship Application Portal: All interested and eligible applicants can apply for the SM College Scholarship for the school year 2024-2025 by visiting the Online Scholarship Application Portal hosted by SM Foundation Inc.

How to Pass the SM Scholarship Program

Follow the Steps to pass your Scholarship Program:

Submit SM Scholarship Online Application: Begin your journey by submitting your application through the designated online platform, ensuring that all required fields are accurately completed.
Submit all Supporting Documents Copy: Gather and submit all necessary supporting documents, ensuring that they are legible and meet the specified requirements.
Confirm your Application: Double-check the accuracy of your submitted application and ensure that all required documents have been successfully uploaded.
Wait for the Notification from SM Foundation: Await communication from SM Foundation Inc. regarding the status of your application and further instructions.
Take the Online Examination: If deemed eligible, you will be required to undergo an online examination as part of the selection process.
Virtual Home Visit: Following successful completion of the online examination, you may undergo a virtual home visit conducted by SM Foundation representatives.
Online Interview: Prepare for an online interview, where you will have the opportunity to showcase your academic achievements, aspirations, and personal qualities.
Orientation and Contract Signing: Attend an orientation session organized by SM Foundation Inc. and proceed to sign the scholarship contract, formalizing your commitment to the program.
Confirmation of Course and School: Upon completion of the orientation and contract signing, receive confirmation of your chosen course of study and affiliated educational institution, marking the beginning of your scholarship journey with SM Foundation Inc.

Requirements: Essential Documents and Criteria for Eligibility

Ensuring that all necessary documents are in order is paramount for prospective scholars aiming to qualify for the prestigious SM Foundation Inc. (SMFI) Scholarship. Below are the indispensable documents and eligibility criteria applicants must fulfill to be considered for this esteemed scholarship opportunity.

SM Scholarship Required Documents:

Latest Income Tax Returns of Guardian or Parents: Provide the latest income tax returns of the guardian or parents as proof of financial status.
Non-filing Certificate of Income: Alternatively, applicants can submit a non-filing certificate of income if applicable.
Certificate of Indigency: In cases where the family is economically disadvantaged, applicants may submit a certificate of indigency to demonstrate financial need.
2×2 ID Picture (2 Copies): Include two copies of a recent 2×2 ID picture, ensuring clarity and compliance with specified dimensions.
Birth Certificate: Submit a copy of the applicant’s birth certificate as proof of age and identity.
Grade 12 Report Card (Latest): Provide the latest grade 12 report card reflecting academic performance and achievements.
Filled Online Application with Required Documents Attachments: Complete the online application form and attach all required documents as specified by SM Foundation Inc.
Sketch of Home to Nearest SM Mall: Include a sketch of the applicant’s home relative to the nearest SM Mall, facilitating logistical considerations for potential home visits or interviews.

Qualifications: Who Can Apply and What Makes a Strong Candidate

Determining eligibility criteria is crucial in identifying candidates who align with the mission and values of SM Foundation Inc. (SMFI). Here are the qualifications that prospective scholars must meet to be considered for the esteemed SMFI Scholarship program:

Grade 12 Graduates from Public and Private Schools: Applicants must have completed Grade 12 in either public or private schools within the designated areas covered by the scholarship program. Those from private schools are required to have a DepEd voucher and must have finished Grade 10 in public high schools to be eligible.
General Weighted Average Grade of at least 92%: Prospective scholars must demonstrate academic excellence by achieving a general weighted average grade of at least 92% or its equivalent during the first semester of Grade 12.
Total Household Income of at Most P250,000 per Year: Applicants must come from households with a total annual income not exceeding P250,000 to qualify for financial assistance under the SMFI Scholarship program.

Scholarship Benefits: Overview of Financial Assistance and Support Services

Exploring the comprehensive support provided by the SM Foundation Inc. (SMFI) Scholarship extends beyond just financial aid, encompassing a range of invaluable benefits and services aimed at nurturing the holistic development of scholars.

Scholarship Benefits

Full Tuition: One of the primary benefits of the SMFI Scholarship is the coverage of full tuition fees, relieving scholars of the financial burden associated with pursuing higher education.
Monthly Allowance: In addition to tuition coverage, scholars receive a monthly allowance to support their day-to-day expenses, ensuring they can focus on their studies without worrying about financial constraints.
Job Opportunities (Part-Time Job): During semester breaks and the Christmas break, scholars have the opportunity to engage in part-time employment, gaining valuable work experience while supplementing their income.
Exclusive Job Offers for Graduates: Upon graduation, scholars are provided with exclusive job offers within the SM Foundation Group, opening doors to promising career opportunities and professional growth.
Fun Activities Sponsored by SM: Beyond academic support, SM Foundation Inc. organizes fun activities and events for scholars, fostering a sense of community and belonging among recipients of the scholarship.

Degree Programs Covered: Exploring the Range of Fields Supported by SMFI Scholarships

The SM Foundation Inc. (SMFI) Scholarship program is committed to providing opportunities for scholars to pursue education in diverse fields, catering to a wide range of academic interests and career aspirations. Here are the degree programs covered by the SMFI Scholarships:

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 Electronics Engineering/ BS Electronics Engineering
BS in Electrical Engineering
BS in Accounting Technology
BSBA in Financial Management
BS in Secondary Education major in Biology, Chemistry, General Sciences, Physics, Mathematics, English

Frequently Asked Questions

How do I confirm my SM scholarship application?

To confirm your application for the SM Scholarship, log in to the SM Scholarship Online System within seven (7) days of submission. Failure to confirm your application online within this timeframe will result in the application being voided. Additionally, the examination schedule and venue will be communicated to applicants via email.

What is the Scholarship Maintaining Grade for the SM Scholarship?

The Scholarship Maintaining Grade requires a General Weighted Average (GWA) grade of at least 95% or its equivalent to retain eligibility for the SM Scholarship.

When did SM scholarship start?

The SM College Scholarship program traces its origins back to 1993, marking the inception of a visionary initiative spearheaded by the founder of the SM Group, Mr. Henry Sy Sr. Since then, the program has been a beacon of hope and opportunity for countless aspiring scholars, embodying the enduring commitment of SM Foundation Inc. to education and empowerment.

As we conclude this exploration of the impactful initiatives undertaken by SM Foundation Inc. (SMFI) in the realm of education, it becomes evident that the commitment to nurturing and empowering the next generation is at the core of their mission. Through comprehensive scholarship programs, SMFI continues to pave the way for bright minds to flourish, breaking barriers and fostering a future filled with promise and opportunity.