PhilDev bares 'SuperFund for Science, Eng'g Scholarships' 2012/2013

MANILA, Philippines - Philippine Development Foundation (PhilDev), in collaboration with the Commission on Higher Education (CHED), Engineering Research and Development Technology (ERDT), and the Department of Science and Technology have teamed up for what could possibly be the largest scholarship fund intended purely for the nation’s future scientists and engineers. It is aptly entitled “SuperFund for Science and Engineering Scholarships.”

PhilDev, through its SuperFund Committee, has set an ambitious goal of raising P5 billion in five years to enable the best and brightest Filipino youth to pursue studies and careers in science and engineering without any worries on financial issues. The SuperFund aims to develop young minds that can become catalysts for future innovations and investments in technology and ultimately catapult the Philippines to the ranks of developed countries. The funds will cover practically everything a student needs — tuition and other school fees, books, dorm, transportation and a small allowance. It can be availed of for undergraduate/Master’s/PhD education. The scholars will also have mentors, summer camps and summer internship programs to further enhance their skills and keep them motivated to stay the course.

This initiative also showcases the promise and potential of public-private sector partnerships in addressing national issues and challenges. Says Victoria Garchitorena, PhilDev trustee, “For any initiative to succeed, we need the support of everyone in the government, academe and private sector. Only by working together can we move this country forward.”

As a bold first step, Edgar Chua, Pilipinas Shell president, PhilDev trustee and co-chair of the SuperFund Committee, Pilipinas Shell has pledged P100 million for the SuperFund. The government, for its part, will continue to support scholars through its ERDT scholarship program. CHED Chair Patricia Licuanan, who co-chairs the SuperFund Committee as government representative, has also pledged to work with the technology sector to ensure that the academic institutions align their curriculum to the needs of industry and the global requirements in science and engineering.

The scholarships available for school years 2012/2013 will be announced on Dec. 14, 2011, at 11:30 a.m., at the 3rd floor lobby of the Ayala Museum.