SM Foundation is set to award around 500 incoming college students nationwide with scholarship grants on May 8 at the MAAX Auditorium in Pasay City and in SM Malls in Pampanga, Bulacan, Olongapo, and SM Stores in various provinces, simultaneously.
Of the 500 new SM college scholars, 35% are from the National Capital Region (NCR) and 65% 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 from Bataan, Daet and Sorsogon.
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.