LandBank to give ARBs children P100K annual scholarship grant

State-run Land Bank of the Philippines (LandBank) on Sunday stated it would present P100,000 price of yearly scholarship grants to 60 youngsters of agrarian reform beneficiaries (ARBs), farmers, and fisherfolk yearly till 2028.

Under the Iskolar ng LandBank Program, the lender will choose 60 students per yr from 2023 to 2028, offering P100,000 yearly to cowl allowance and bills for books, clothes, and different course necessities.

Those eligible for the grant are youngsters and grandchildren of ARBs or small farmers and fishers who’re graduating highschool college students with a minimal common grade of 90% or belonging to the highest 10% of their class.

They should additionally submit a letter of endorsement from their senior highschool principal, go the admission necessities of accomplice State Colleges and Universities (SUCs), have a complete household revenue lower than P300,000, and never have another monetary help, grant, or scholarship.

The chosen students can enroll in programs comparable to horticulture, animal science, meals expertise, knowledge analytics, data expertise, accounting, agribusiness administration, and agricultural, IT, industrial or administration, civil, and mechanical engineering.

The Iskolar ng LandBank graduates might be provided on-the-job (OJT) coaching in LandBank branches and lending facilities, together with in accomplice companies and establishments.

“We want the Iskolar ng LandBank Program to create meaningful impact in the lives of deserving students who really need assistance the most,” LandBank President and CEO Cecilia Borromeo stated.

“We are now reaching out to our partner cooperatives, associations, and organizations in the agri sector to nominate dependents from among their members,” she added.

LandBank is remitted to advertise countryside growth whereas remaining financially viable. It implements the excellent agrarian reform program (CARP), supplies help to small farmers and fisherfolk, and serves as an official depository of presidency funds. —LBG, GMA Integrated News

Source: www.gmanetwork.com