Categories
Adulting

Exploring Government Scholarships in the Philippines

Education is a fundamental right of every individual, and the government of the Philippines has taken significant steps to ensure that higher education is accessible to all deserving students. One of the most prominent ways in which the government supports students is through various scholarship programs.

These government scholarships provide financial assistance and opportunities for Filipino students to pursue their dreams of higher education and achieve their academic goals.

In this article, we will explore some of the government scholarships available in the Philippines and shed light on the benefits they offer to students.

Government Scholarships in the Philippines

CHED Scholarship Program

The Commission on Higher Education (CHED) offers several scholarship programs to help financially challenged students pursue their college education. One of the notable scholarships under CHED is the Student Financial Assistance Programs (StuFAPs).

StuFAPs include different types of scholarships such as the Full Merit Scholarship, Half Merit Scholarship, and Tulong Dunong Scholarship. These scholarships are awarded to students based on academic performance and financial need, covering tuition fees, stipends, and other related expenses.

DOST Scholarship Program

The Department of Science and Technology (DOST) Scholarship Program is designed for students who wish to pursue a degree in science, mathematics, engineering, or technology-related fields.

The DOST scholarship offers financial support, monthly stipends, book allowances, and even an opportunity for international exposure through their Merit and S&T Undergraduate Scholarships.

PESFA Scholarship

The Private Education Student Financial Assistance (PESFA) program is a scholarship offered by the government through the Technical Education and Skills Development Authority (TESDA). It provides financial assistance to economically disadvantaged but deserving students who want to pursue technical-vocational education and training (TVET) programs in private institutions. The scholarship covers the full cost of tuition fees and other related expenses.

OWWA Scholarship

The Overseas Workers Welfare Administration (OWWA) Scholarship Program aims to provide educational assistance to qualified dependents of Overseas Filipino Workers (OFWs). The program offers scholarships to eligible high school graduates who wish to pursue a college degree.

OWWA scholars receive financial support for tuition fees, book allowances, monthly stipends, and even an opportunity for a one-time educational assistance grant.

AFP Educational Benefit System for Dependents (AFPEBS)

The Armed Forces of the Philippines (AFP) extends educational assistance to dependents of military personnel through the AFPEBS.

This program offers financial support, including tuition fees, stipends, and book allowances, to qualified students enrolled in various degree programs.

GSIS Scholarship Program

The Government Service Insurance System (GSIS) offers scholarships to active members’ children who are pursuing a four- or five-year course in any Philippine university or college.

The scholarship program covers tuition and miscellaneous fees, as well as a monthly stipend.

PNP Educational Assistance Program

The Philippine National Police (PNP) provides educational assistance to qualified dependents of PNP personnel through their scholarship program.

The program covers tuition fees, allowances, and other educational expenses for students pursuing a college education.

Department of Agriculture (DA) Agricultural Scholarship Program

The DA Agricultural Scholarship Program promotes agriculture as a viable career choice. It offers scholarships to students who are interested in pursuing agricultural-related courses.

The program covers tuition fees, book allowances, and stipends.

Department of Health (DOH) Scholarship Program

The DOH offers scholarships for students pursuing health-related courses, such as medicine, nursing, and public health.

These scholarships aim to address the shortage of healthcare professionals in the country and provide financial assistance to students who are passionate about serving in the healthcare sector.

Department of Environment and Natural Resources (DENR) Scholarship Program

The DENR Scholarship Program supports students interested in environmental science, forestry, and other related fields.

It provides financial assistance and opportunities for research and training in environmental conservation and management.

LGU Scholarships

Various local government units (LGUs) in the Philippines also offer scholarships to deserving students in their respective jurisdictions. These scholarships may vary in terms of coverage and requirements, so it’s advisable to check with the LGU’s scholarship office or website for available opportunities.

Are you interested to learn more about scholarship programs? Check out our Scholarship Series.

Categories
Adulting

Building a Bright Future: Finding Scholarship Programs in the Philippines

Education is a powerful tool that can unlock countless opportunities and pave the way for a brighter future. The rising cost of education often poses a significant barrier for many students, especially in developing countries like the Philippines.

A scholarship is more than just a monetary award; it is a life-altering opportunity that empowers students to pursue their dreams, regardless of their financial background. By providing financial assistance, scholarships pave the way for students to attend their dream schools, enabling them to immerse themselves in their chosen field of study and unlock their full potential.

Thankfully, there are numerous scholarship programs available to help aspiring scholars achieve their dreams and build a better future for themselves and their communities. Finding the right scholarship program can be an intimidating task at first, but with the right resources and guidance, it becomes an attainable goal.

Whether you’re a high school graduate, a college student, or even a professional looking to further your studies, this guide will serve as a valuable resource to help you navigate the landscape of scholarship opportunities in the Philippines.

How to Find Scholarship Programs in the Philippines

  1. Research and start by conducting thorough research to identify the available scholarship programs. Several organizations, both public and private, offer scholarships in the Philippines.
  2. Universities, government agencies, NGOs, and private foundations are some of the key providers. Explore their websites, contact information, and eligibility criteria. Consider the specific fields of study and academic levels they support to find programs aligned with your interests and aspirations.
  3. Consult Guidance Counselors and Teachers. Seek guidance from your school’s guidance counselors and teachers who may have valuable insights and information about scholarship opportunities. They can provide you with advice on which programs to target based on your academic performance, extracurricular activities, and personal circumstances.
  4. Utilize Online Databases. There are numerous online databases that compile information about scholarship programs in the Philippines. Websites such as the
    • Commission on Higher Education (CHED)
    • Department of Science and Technology (DOST)
    • Philippine-American Educational Foundation (PAEF)
  5. Attend Scholarship Fairs and Workshops: Stay updated with scholarship fairs and workshops happening in your area. These events bring together scholarship providers, experts, and students interested in pursuing further education.
  6. Network and Seek Recommendations: Connect with individuals who have been recipients of scholarships or who are knowledgeable about the scholarship landscape. Their experiences and insights can prove invaluable in understanding the application process, improving your chances of success, and uncovering lesser-known scholarship opportunities.

Are you interested to learn more about scholarship programs? Check out our Scholarship Series.

Categories
Finance

Best Tools for Successful Philippine Stock Investment: Your Guide

For those looking to venture into the world of Philippine stock investment, having the best tools at your disposal is crucial to achieving success and maximizing returns. Successful stock investment requires a combination of knowledge, research, and the right tools to make informed decisions.

In today’s digital age, there are several powerful tools available to investors that can help them navigate the complex world of stock markets.

Best Tools for Successful Philippine Stock Investment

PSE Edge

PSE Edge provides a user-friendly interface that allows investors to search and filter disclosures based on specific criteria, such as company name, date, or type of disclosure.

It is a valuable tool for investors who want to stay up-to-date on the latest news and information about listed companies.

Investagram

Investagrams is a comprehensive online platform and mobile application designed to assist investors and traders in the Philippines. It serves as a one-stop solution for stock simulator, stock screening, charting and technical analysis, fundamental analysis, portfolio tracking, and social trading.

It is a great resource for both beginner and experienced investors. It offers a wide range of tools and resources that can help you make informed investment decisions.

Business World

BusinessWorld is a prominent business newspaper in the Philippines that covers local and international business news, financial markets, economic trends, corporate developments, and policy changes that impact the Philippine economy.

It is recognized for its in-depth coverage of news, analysis, and insights into various aspects of the business landscape in the country.

Bloomberg

Bloomberg is a global financial and media company that provides a wide range of services, including news, data, analytics, and financial software to professionals in the finance and business sectors. It is one of the most prominent and respected sources of financial information worldwide.

Bloomberg News covers a wide range of topics, including market trends, economic indicators, corporate news, technology developments, and policy changes.

Investopedia

Investopedia is a leading online platform that provides educational content, tools, and resources related to finance, investing, and economics.

It serves as a resource for individuals seeking to enhance their financial knowledge, improve investment skills, and stay informed about the latest trends and concepts in the financial world.

Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.

Categories
Finance

PhilStock Makes Investing More Affordable for Students

PhilStock, a leading stock brokerage firm in the Philippines, has launched a new promo that makes investing more affordable for students. Students can invest for as low as Php1,000!

The promo is designed to help students get started in the stock market without having to worry about large upfront costs. Students who participate in the promo will also have access to a variety of educational resources, such as webinars and online courses, to help them learn about investing.

How to Register Philstock Account for Students

  1. Visit their website Philstock.
  2. Provide all the necessary information and documents required for the online account opening process. Please note that a Tax Identification Number (TIN) is a mandatory requirement for account opening.
  3. Keep an eye on your email to receive updates on your application status.
  4. Once your application is approved, create your user credentials and proceed to the funding step.
  5. Fund your account with a minimum amount of PHP 1,000.00 and send the proof of transaction along with your student ID to the email address [email protected].
  6. Students with pending applications are eligible to participate in the promotion.

The promotion is valid until July 31, 2023 only.

Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.

Categories
Finance

Stock Market 101: PSE Index

The Philippine Stock Exchange (PSE) utilizes Index Series to measure and evaluate the overall performance of the stock market in the Philippines. These index series serve as tools for measurement and analysis.

PSE Index

1. The Philippine Stock Exchange Index (PSEI) is a stock market index that tracks the performance of the 30 largest and most actively traded companies listed on the Philippine Stock Exchange. The companies in the PSEI are selected by the PSE based on a number of factors, including market capitalization, liquidity, and financial performance.

2. The Philippine Stock Exchange (PSE) has six sector indices that track the performance of different industries in the Philippine stock market. These sectors are:

  • Financial: This sector includes companies that provide financial services, such as banks, insurance companies, and investment firms.
  • Industrial: This sector includes companies that manufacture products, such as food and beverage companies, consumer goods companies, and industrial products companies.
  • Holding Firms: This sector includes companies that own controlling stakes in other companies.
  • Property: This sector includes companies that develop, own, and manage real estate properties.
  • Services: This sector includes companies that provide services, such as telecommunications companies, transportation companies, and entertainment companies.
  • Mining & Oil: This sector includes companies that explore, extract, and refine minerals and petroleum.

3. The All Shares Index is a stock market index that tracks the performance of all the common stocks of companies listed on the Philippine Stock Exchange. It is a free-float market capitalization-weighted index, which means that the weight of each stock in the index is determined by its market capitalization and its free float.

Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.