The Security Bank Internal Scholarship Program helps eligible Security Bank employees and their children by providing financial assistance for education.
This scholarship is offered through Security Bank Foundation, Inc. and supports students from Junior High School to college, as well as employees pursuing post-graduate studies.
Gain information on the qualifications, requirements, benefits, application process, deadline, terms, and renewal rules through this guide.
Table of Contents
Qualifications
To qualify for the Security Bank Internal Scholarship Program, applicants must meet the eligibility requirements set by Security Bank Foundation.
This scholarship is available for Security Bank employees and their children.
Applicants must meet the following qualifications:
- The employee must have a minimum tenure of 2 years from permanency status.
- The employee must have a good employment record with no disciplinary issues.
- The employee must have a performance appraisal rating of at least average.
- The employee must hold a rank of up to Senior Assistant Vice President.
- The scholarship is available for employees’ children applying from Junior High School to college levels.
- The scholarship is also available for employees applying for post-graduate studies.
- The applicant must have a minimum General Weighted Average of 83% or its equivalent.
- There must be no other family member currently benefiting from the scholarship within the second degree of consanguinity or affinity.
- The applicant must not have any other existing scholarship, except for discounts provided by schools.
These qualifications help identify applicants who meet the academic, employment, and scholarship requirements of the program.
Requirements
To apply for the Security Bank Internal Scholarship Program, applicants must prepare the required documents.
Make sure all documents are complete before submitting the application.
For Application
For the initial application, applicants must prepare the following:
- Duly accomplished Online Application Form
- Latest Report Card with Final General Weighted Average, or the latest available quarter grading if no final GWA is available
- Birth Certificate of Scholar
- Endorsement letter signed by Security Bank Group Head Agency
- Portrait Photo of Scholar
- Copy of Employee ID
Upon Admission to the Scholarship Program
Once accepted into the scholarship program, applicants must submit the following documents:
- Registration Form for Academic Year 2025–2026
- Copy of school calendar for AY 2025–2026
- Copy of Assessment Fees, if applicable
- Copy of Security Bank Internal Account Number
- Copy of School Grading System, if the school does not use percentage for grading
- Copy of Course or Program Curriculum, for college and Master’s Degree only
- Copy of Official Receipts for tuition fee payment for AY 2024–2025, if applicable
- Medical Certificate from an accredited physician confirming fitness to work and study, if the employee is a student
College scholars must provide a registration form with subjects enrolled for the semester.
For Scholarship Renewal
Elementary and Junior High School scholars must renew their scholarship annually.
Senior High School, College, and Post-Graduate scholars must renew every school term, semester, or trimester.
For renewal, scholars must submit the following:
- Online Renewal Form
- Acknowledgement Receipt for tuition and stipend received from the previous school year or term
- Registration Form for AY 2024–2025
- Report Card or Copy of Grades showing the General Weighted Average for the previous school term or year
- Updated grading system from the school or university, if applicable
- Assessment of fees, if applicable
- All Official Receipts paid for by the Foundation on behalf of the scholar
- Reconsideration Letter, only if the scholar fails to meet the per subject grade requirement
Benefits
The Security Bank Internal Scholarship Program provides financial assistance to eligible scholars.
It covers selected education-related expenses depending on the scholar’s level.
Eligible Courses
Scholarship slots are offered to Junior High School to college students taking courses of their choice.
For post-graduate employee applicants, the course must directly support bank operations.
Scholarship Package
Each scholar is entitled to the following benefits per academic year until they complete their current education level.
Tuition and Miscellaneous Fees
| Education Level | Maximum Amount |
|---|---|
| Junior High School to Senior High School | ₱65,000 per year |
| College and Master’s Degree | ₱85,000 per year |
Stipend
| Education Level | Amount |
|---|---|
| Junior High School to Senior High School, blended learning delivery | ₱20,000 per year, released quarterly |
| Junior High School to Senior High School, face-to-face learning delivery | ₱30,000 per year, released quarterly |
| College | ₱30,000 per year, released quarterly |
| Master’s Degree, 3 units or below | ₱7,500 per semester |
| Master’s Degree, 6 units or above | ₱15,000 per semester |
For Master’s Degree scholars, the stipend depends on the number of units taken, up to a maximum of ₱30,000 per year.
Financial assistance will be released subject to the maximum amount per year and based on the actual number of months during which classes are conducted and ongoing.
Non-Monetary Benefits
Aside from financial assistance, Security Bank Foundation also provides non-monetary scholarship benefits.
These may include:
- Internship opportunities
- Involvement in corporate social responsibility activities
- Attendance to learning sessions provided by partner institutions
Application Deadline
The application deadline for the Security Bank Internal Scholarship is:
June 30, 2026
Applicants should submit their application and complete documents before the deadline.
Application Process
To apply for the Security Bank Internal Scholarship, follow these steps:
Step 1: Check the eligibility criteria
Before applying, make sure the employee and the scholar meet the eligibility requirements of the program.
Step 2: Prepare the required documents
Gather all required documents for the initial application.
Applicants should also take note of the documents needed upon admission to the scholarship program.
Step 3: Complete the online application form
Fill out the online application form accurately and completely.
Make sure the information provided is correct.
Step 4: Submit the application
Submit the online application form together with all required documents before the deadline.
Step 5: Wait for application updates
Applicants may stay updated on the status of their application through the provided contact information or Gmail.
Screening and Selection Process
During the screening and selection process, the following may happen:
- Only applications submitted online will be screened by Security Bank Foundation’s Scholarship Officer.
- Security Bank Foundation may validate the data in the application through mobile phone calls and email correspondence.
- Admitted applicants will be notified through mobile phone calls and email.
- Applicants should make sure that the contact information provided in the online application form is active.
- Newly admitted scholars will sign a scholarship contract to confirm their admission.
Terms and Conditions
Before applying, applicants should understand the terms and conditions of the scholarship.
The following terms apply:
- Scholarship assistance begins in the academic year the scholar is admitted.
- Scholarship assistance ends upon completion of the last grade or year of the scholar’s education level.
- For college and post-graduate students, enrollment must meet the minimum number of units or load required by the school each academic year.
- Scholars must maintain a minimum 83% General Weighted Average.
- Scholars must also maintain an 83% per subject grade by the end of each term or academic year.
- Security Bank employees must maintain good employment records and continue working in the Bank.
- A two-year service contract is required from the employee upon the scholar’s graduation from any school level.
- If the employee resigns or intentionally discontinues support for the scholar before graduation, the employee must reimburse 100% of the total benefits provided.
- Shifting to another course or transferring to another school without valid reasons may affect scholarship eligibility if it results in additional terms or years to complete the school level.
Termination
A scholar may be terminated from the scholarship under the following circumstances:
- Failure to submit renewal requirements by the deadline
- Failure to meet the required General Weighted Average
- Receiving a failing, incomplete, or dropped grade in academic or non-academic subjects
- Deferring enrollment in a school year, except for health reasons
- Violating school policies during the scholarship period
- Receiving an employee performance appraisal rating lower than Average
- Violating company policies or committing infractions
- Resigning from or discontinuing employment at the bank
- Availing another scholarship at the same time
About Security Bank Foundation and the Internal Scholarship Program
Security Bank Foundation, Inc. is the corporate social responsibility arm of Security Bank Corporation.
It was established on August 25, 1993.
Security Bank Foundation supports education as a long-term solution to poverty alleviation. Its initiatives include building classrooms, training and development of teachers, and providing scholarships to deserving students.
The Security Bank Foundation Scholars for Better Communities Scholarship Program provides educational assistance to underprivileged but deserving students.
The scholarships are three-pronged:
- Educational assistance to Security Bank agency personnel and their children
- Educational assistance to Security Bankers who need financial support for their post-graduate degree or their children’s expenses
- Educational assistance to deserving students not connected to the bank
The Security Bank Internal Scholarship Program provides educational assistance to Security Bank Group employees and their children. Its objective is employee retention and development.
Security Bank Foundation funds and administers the scholarship.
Final Thoughts
The Security Bank Internal Scholarship Program is a helpful opportunity for eligible Security Bank employees and their children.
Through this program, qualified scholars may receive support for tuition, miscellaneous fees, stipend, and other development opportunities.
You can also explore more international scholarships and other scholarship programs by organizations here.
Frequently Asked Questions
Who can apply for the Security Bank Internal Scholarship?
Security Bank employees and their children may apply, as long as they meet the eligibility requirements of the program.
What is the required GWA?
Applicants must have a minimum General Weighted Average of 83% or its equivalent.
Can applicants have another scholarship?
Applicants must not have any other existing scholarship, except for discounts provided by schools.
What is the deadline for application?
The application deadline is June 30, 2026.
How will admitted applicants be notified?
Admitted applicants will be notified through mobile phone calls and email.
Is there a service contract?
Yes. A two-year service contract is required from the employee upon the scholar’s graduation from any school level.
Reference
- Security Bank Corporation. (n.d.). Internal Scholarship Program. Retrieved from https://www.securitybank.com/foundation/internal-scholarship-program/
Disclaimer
The Scholarship.com.ph website does not offer scholarship programs or engage in hiring activities. It serves only as an informational platform that provides details on scholarships and grants for educational purposes.
Scholarship.com.ph does not directly facilitate applications. Users can use this article as a guide for information about admissions and scholarship application processes.
All information presented in this article is intended for informational purposes only.
Users are encouraged to verify details independently before making decisions based on the content provided.
For additional verification or inquiries, references are provided at the end of the article.
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