I'm taking the test this Sunday!!!! I'm sooooo nervous! This calmed me down a bit. :))

AY Foundation, Inc. Scholarship Program

AY Foundation, Inc. Scholarship Program

Scholarship Background

The AY Foundation, Inc. (AYF) serves as the heart of the Yuchengco Group of Companies. Established in 1970 as the Bayanihan Foundation and renamed A Wise Foundation in 1983 and AY Foundation three years later, the foundation manifests YGC’s commitment to corporate social responsibility.

Through contributions from YGC member companies, the AY Foundation has various social development programs focusing particularly in the education, health and nutrition sector.

Scholarship Benefits

-Php 33,000 financial assistance in tuition fee per school year

Scholarship Qualifications

-Must be an incoming 4th year or 5th Year Engineering student;
-Must not have a family income of more than 285,000 pesos per year;
-Must have no failing and incomplete grades;
-Must be of good health and with good moral character.

Scholarship Requirements

-Completed Scholarship Application From (Downloadable at MIT website)
-Two 2×2 ID pictures
-Photocopy of Certificate of Matriculation (CM)
-Photocopy of Final Grade Report since 1st Year
-Photocopy of Latest Income Tax Return of Parents or Affidavit of Not Filing Income Tax Return
-Certificate of Good Moral from Office of the Prefect
-Certificate of Good Health
-Brief essay stating the reasons why the applicant should be awarded with Scholarship Grant

Responsibilities of Scholars
-The scholar must have a GWA of 2.5 or higher
-The scholar must not have a grade lower than 3.0 in any course/subject
-Must finish the program within the prescribed numbers of quarters
-Must refrain from holding a part-time job and being a working student while studying except term breaks
-The scholar must provide and update his/her personal contact information
-Must visit the CSFA Office before enrollment for validation

Number of Slots


Scholarship Application Schedule

Application Period Exam Schedule Scholarship Results Date
March none to be announced by the CSFA

Scholarship Exam Coverage

  • none


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