MAGROW TO SPONSOR SCHOLARSHIP PROGRAM

MAGROW will be launching a Scholarship Program opened to all children of the Regular and Associate members. MAGROW is committed to helping excellent but financially disadvantaged students to obtain a college education. It is the cooperative's intention to provide scholarship grants to deserving college students as part of its corporate social responsibility initiatives.

MAGROW scholarship program covers full tuition and is available for Education courses in the sole four-year course study center in Maragusan.

The scholarship program is available for incoming college student at the Bukidnon State University Maragusan External Studies Center. One (1) scholarship grant is available per year.

Benefits:

100% coverage of tuition and miscellaneous fees plus a chance to attend supplemental formation and training activities of the cooperative

Qualifications:

• An incoming first year student in college
• With total annual family income not exceeding P 80,000.00 per annum as evidenced by a certified true copy of the latest Incone Tax Return or when not applicable, an affidavit stating the information about the source and amount of income of family members
• A Filipino citizen as evidenced by a certified tru copy of Birth certificate ( original copy must be presented for authentication)
• Non-concurrently a recipient of any major scholarship or financial aid (e.g. pre-need educational plans, DOST or other related academic scholarships)
• Of Good Moral Character

Mechanics

The applicant must complete the following documentary requirements:

• Certified truecopy of Birth Certificate
• Form 137 or Card during fourth year in High School
• Latest Income Tax Return of the family
• Certificate of Enrolment or Registration
• Certificate of Good Moral Character

Selection Process

MAGROW will conduct pre-screen to applicants. Passers of the pre-screen exmination will be evaluated through:

• paper requirements evaluation
• examination
• panel interview

Maintenance Rqeuirements

To retain the scholarship, the following condition must be met every semester:

• A semestral grade point average not lower than 85% or its equivalent with no failing grades
• Must drip any subject nor cancel enrollment for the period during which they enjoy the scholarship without prior approval
• Must not change or shift course
• Must carry the full semestral load/unit as prescribed by the school
• Must generall not enjoy major financial assistance, grants or scholarship from other external sources

TERMS

This scholarship grant will be open to one (1) scholar every year starting June, 2011.