DBP sets Orientation, Contract Signing for MSU-GSC Scholars
by Jorgelyn C. Rivera, LPT
The Development Bank of the Philippines held an orientation among the second batch of DBP qualifiers and grantees from Mindanao State University-General Santos City and the Ceremonial Signing of the Memorandum of Agreement (MOA) between DBP and MSU-GSC for the implementation of DBP Resources for Inclusive and Sustainable Education (RISE) Program for A.Y 2019-2020 at the Conference Room, Y Bldg., MSU-GSC Campus last January 10, 2020.
DBP RISE invests in the country’s human capital by enabling promising but underprivileged high school graduates to pursue higher education in support to the National Government’s poverty reduction initiatives. Moreover, the orientation discussed the scholarship provisions in detail, terms and conditions stipulated in the contract, including their duties, responsibilities and privileges as scholars.
Included in the primary objectives of the program are (1) provision of financial support to indigent high school graduates and financially challenged college students who wish to pursue a degree course in DBP accredited educational institutions; and (2) provision of continuing access to education for the socio-economic upliftment of the best and brightest but disadvantaged Filipino youth and their families. Moreover, the DBP RISE, the second tranche of DBP Endowment for Education Program (DEEP), is another DBP flagship CSR program for Education. Qualified and deserving high school graduates are given scholarships in DBP RISE-accredited schools to provide educational opportunities to the best and brightest but marginalized high school graduates while strengthening institutional relationship with Program partners. In creative collaboration with selected partners, our youth are molded into honest, responsible, empowered, productive and competitive global citizens. On the premise that labor is the most important asset of the poor, DBP RISE shall produce a pool of qualified and highly skilled professionals to serve the needs of the local and global job markets (DBP, 2020). The DBP RISE Batches 1 and 2 already have a total of 19 partner schools (11 SUCs and 8 Private HEIs). It is now serving 719 scholars in total.
According to Ms. Merly J. Nonoy who heads the Scholarship Program and lead coordinator from CSR Unit, Corporate Affairs Department of DBP main branch in Makati, the orientation would ensure that the scholars are well versed with the provisions of the contract before they sign. A total of fifteen (15) students belonging to the Blaan community were able to qualify for the scholarship. This opportunity is also a result of the initiative of Chancellor Ali’s current administration to provide assistance to Indigenous students whose status are considered economically marginalized.
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