Landbank will select 60 students as part of the government owned Iskolar ng Landbank Program (ILP) from 2023 to 2028. The bank disclosed that it will select 60 scholars each year from their selected 60 poor provinces until year 2028. There was no mention of the list of poor provinces.
This scholarship program aims to assist deserving dependents of agrarian reform beneficiaries (ARBs) and small farmers and fisheries nationwide. Scholars are chosen based on nominations endorsed by Landbank’s partner organizations usually consists of farmers and fisherfolk such as the partner cooperatives, associations, and organizations in the agri sector. The Iskolar ng Landbank Program is meant to create a meaningful impact on deserving students who really needs the most assistance.
Benefits
► P100k per year to cover cover allowances, expenses for books, clothing and other course requirements
► Special cash incentives for graduates with honors
At the moment, Landbank has been reaching out to partners and asking for their recommendations or nominations from their deserving members. The Iskolar ng Landbank was launched on February and the selection process is now ongoing.
Requirements and Eligibility
► Children or grandchildren of ARBs or small farmers and fisherfolk who are graduating high school students, with a minimum average grade of 90 percent or belonging to the top 10 percent of their class.
ILP graduates will be offered an on-the-job training in Landbank branches and lending centers, including the bank’s partner agencies and institutions. The program carries the theme called 600@60: Developing Scholars and Nurturing Talents Towards Serving the Nation. 600@60 represents the target 600 scholar graduates and this year’s 60th anniversary of Landbank.
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