SM Foundation Scholarships for College Students in Philippines, 2023

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SM Foundation through its College Scholarship Program is now accepting applications for the school year 2023. All qualified graduating Senior high school students are invited to take advantage of the opportunity.

The student must be a graduate of Public High Schools with 150,000 or less household income per year, supported by a BIR Income Tax Return and the fourth year weighted average grade of at least 88% in the second or third grading period.

What SM Foundation Do

SM Foundation Vision is to create the Philippines where everyone has the opportunity for self-improvement.

The environment is sustained for future generations and intends to achieve that by making targeted social investments in education, health care, livelihood and shelter to help under-served Filipinos improve their lives; and we will promote initiatives to protect and enhance the Philippines’ unique and diverse ecological heritage.

We will do this by working directly with communities to give them the assistance they require, leveraging our corporate assets to secure resources and build awareness, and engaging with strong partners to create programs that promote a cycle of positive change.

Aside from free tuition, SM scholars are also entitled to free school miscellaneous fees, a monthly allowance, and a chance to work at the SM Stores and Supermarkets during their Christmas and summer breaks.

Even if no strings are attached when they graduate, the scholars still receive job offers from the SM Group of Companies and affiliates. These are the different programs included in the SM Foundation program.

Ypu can read this: HEINEKEN Africa Foundation Grant 2023 for Sub-Saharan Africa

SM Foundation Scholarships for College Students: College programs

Our experience with the scholarship program for over two decades strongly affirms our belief that when one family member graduates from college, the scholar can help another sibling go to school and serve as the key to lift their family out of poverty.

Through the SM College Scholarship, we help the youth reach their full potential and achieve their dreams. College Scholars enjoy;

  • Choice of specialization in accounting, information technology, engineering, and education

SM Technical-Vocational Scholarship

We broaden our reach by providing today’s youth the option of a quicker two-year technical-vocational course in areas with great demand in the market.

Through our partner schools, we help out-of-school youth harness their skills to have better opportunities in life. Our Tech-Voc Scholar enjoys:

  • Choice of specialization in the areas of Food and Beverage, Automobile Mechanic, Fitter Machinist, Electro-Mechanical Technician, Refrigeration and Air-conditioning, Small Arc Welding and Electromechanics

SM School Building Program

We help provide underprivileged children with better quality public education by donating school buildings and classrooms in partnership with the Department of Education (DepEd).

DepEd identifies areas in need to help address the backlog of classrooms in accordance with national requirements.

With the new and conducive environment for learning, children perform better in school and are more inspired to learn, while teachers also become more effective.

What do I need to know about SM Foundation scholarships 2023?

Established in 1983 by Henry Sy, Sr., and Felicidad T. Sy, we continue to pursue our mission which is anchored on our founding principle of PEOPLE HELPING PEOPLE.

We are committed to serving by supporting and empowering our host communities through education, healthcare, shelter, disaster response, farmers’ training, environmental programs, and care for persons with special needs.


The following criteria must be met in order for applicants to be eligible for the SM Foundation Scholarships for College Students: the applicant must be

  • Public high school graduates
  • Private high school graduates with DepEd voucher after completing Grade 10 from public schools
  • P150,000 or less household income per year, supported by a BIR Income Tax Return
  • Grade 12 weighted average grade of at least 88% in the second or third grading period
  • Must be a high school graduate(Tech-Voc Scholar)
  • Must pass the requirements presented by partner Technical-Vocational Schools

Level/Field of Study:

The SM Foundation scholarships are awarded to those who wish to pursue a college degree program in the field of accountancy, computer science, engineering, and education or a tech-vocational program in any of the partner Institution

Host Nationality:

The scholarship is hosted by the SM Foundation, Philippines

Eligible Nationality:

The scholarship is open to indigenous Filipino students who are from underprivileged homes.

Scholarship Benefits:

These opportunities have a value that includes a full tuition waiver, accommodation, travel fares, and other expenses paid.

  • Full tuition
  • Monthly allowance
  • Part-time job opportunities during semestral and Christmas breaks
  • Exclusive job offers with the SM group upon graduation
  • Other fun-filled activities and enrichment programs
  • Full tuition subsidy in any of its partner schools

For Tech-Voc Scholar

  • On the job internship
  • Referral to industry partners after graduation
  • Other fun-filled activities

Also, read this: Top 25 Scholarships for College Students in USA

Scholarship Number:

The number of offers differs according to the different scholarships.

Application Procedure:

Applications will be coursed through an online system through the education page of the SM Foundation website, where a list of partner colleges and universities is available.

Interested applicants may email [email protected] or call 552-7013 or 857-0100 loc 1681, 1684, 1687 & 1688, SM said in a release.

SM Foundation Scholarships for College Students in Philippines: Requirements

  • Submit a photocopy of the Grade 12 or 4th-year report card.
  • Submit a photocopy of BIR Income Tax Return or Certificate of Non-filing of Income Tax or Certificate of Indigency.
  • Bring ballpen since you will take an exam.
  • You must wear a complete uniform with ID during the screening.
  • Online application form for the SM College Scholarship will be available by October 15, 20.

    You can begin the application by clicking on Online Application and get more details by clicking the Scholarship Link.

    Application Deadline:

    Currently, this scholarship is ongoing. Online application period is from February 2 – March 31, 2023. So, for more information, you can visit the scholarship website by clicking on this link.

    Know about Education in the Philippines

    There are almost 2,300 higher education institutions in the Philippines, the majority of which are private. Many universities are affiliated with Roman Catholicism, which reflects the country’s colonial past.

    Of the public institutions funded by the government, the national university, University of the Philippines, receives the most funding.

    Four top universities in the Philippines are ranked among the world’s best in the QS World University Rankings 2023, with a further two featured in the QS Asia University Rankings 2023. The top four are:

    • University of the Philippines: Ranked joint 367th in the World University Rankings 2018 and 75th in Asia
    • Manila University: The Ateneo de Manila University is a private research university that ranks 551-600 in the world rankings and joint 95th in Asia.
    • De La Salle University: Next among the top universities in the Philippines, De La Salle University (DLSU) is ranked 701-750 in the world and 134th in the latest edition of the QS Asia University Rankings.
    • University of Santo Tomas: The University of Santo Tomas (UST, also known as Pontifical and Royal University of Santo Tomas, or the Catholic University of the Philippines) is ranked 701+ in the world rankings and 157th in Asia.

    The Philippines is a beautiful country with one of Asia’s best higher education systems, ranked 46th in the first edition of the QS Higher Education System Strength Rankings.

    Offering the opportunity to study in English at an affordable cost, the Philippines attracts over five thousand international students a year from across the globe, with most coming from other countries in East Asia.

    Also, you can check this: List Of College Scholarships In The Philippines For Indigenous Students 2023

    Editor’s Recommendation

    We recommend other scholarship opportunities.

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