10 Best Scholarships and Cash Assistances to apply in May 2023

Hello Students! In this post, you will find list of 10 Best Scholarships which are open to Apply in the month of May 2023. The goal of this article is to help you to receive your dream Scholarship. These scholarships and cash assistance programs will help Filipinos to pursue their education.

Best Scholarships and Cash Assistance programs to apply in May
10 Best Scholarships and Cash Assistance programs to apply in May

In this article, we have covered Scholarship Overview, Benefits and Link to Detailed Scholarship Guide. All students are advised to read about these programs with care and apply for the Scholarship and cash assistances before the Deadline.

Table of Contents

List of 10 Best Filipino Scholarships

The following list includes 10 Best Scholarships in Philippines and Educational Cash Assistance programs:

1. Aboitiz College Scholarship 2023

Aboitiz College Scholarship 2023 is first among the 10 best scholarships open for all eligible Filipinos to Apply. Students pursuing STEM or business-related degree as an incoming freshman for the upcoming semester can apply for Aboitiz college Scholarship.

Aboitiz College Scholarship 2023-2024 Online Application
Aboitiz College Scholarship 2023-2024 Online Application

Scholarship Benefits

Aboitiz Scholarship provides a wide range of benefits, which includes the following:

  • Full payment of Tuition fees
  • Monthly Allowances
  • Incentives for Latin honors
  • Academic Excellence Incentive
  • Internship Possibilities
  • Board Review Subsidy
  • Annual Educational Events
  • Employment opportunities at the Aboitiz Group

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on Aboitiz College Scholarship 2023.

2. BPI Foundation Pagpupugay Scholarship 2023

BPI Pagpupugay Scholarship 2023-2024 is open to apply for all Filipinos. The BPI is one of the largest financial institutions in the Philippines.

BPI Foundation Pagpupugay Scholarship 2023
BPI Foundation Pagpupugay Scholarship 2023

BPI was established with the mission to create a culture of financial wellness and being agents for sustainable positive change for underserved Filipino communities.

Scholarship Benefits

Following are the benefits of BPI Foundation Pagpupugay Scholarship 2023:

  • Each scholar will receive a scholarship grant of up to P100,000.00 every academic year to help pay Tuition and other incidental expenses given directly to BPIF’s partner institution.
  • The financial aid shall only pay:
    • School expenses for the ordinary school year or term and
    • Shall not, under any circumstances, reimburse school fees originating from or connected to the summer term, unless the summer term is required by the course curriculum.
  • For scholars from state universities and colleges, the financial assistance will cover:
    • Monthly living subsidy and
    • Learning assistance allowance.

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on BPI Foundation Pagpupugay Scholarship 2023.

3. CHED Merit Scholarship 2023

CHED Scholarship 2023 to 2024 Online Application is open to Apply for all Filipinos.The Commission on Higher Education – CHED has announced the launch of its CHED Merit Scholarship program (CMSP) 2023 to 2024 for all eligible Filipinos.

CHED Scholarship 2023 to 2024 Online Application
CHED Scholarship 2023 to 2024 Online Application

Scholarship Benefits

Following are the list of benefits, a CHED Scholar will enjoy:

CHED Scholarship 2023 will cover scholarship of upto ₱120,000 which are as follows:

  • Tuition and other school fees (TOSF),
  • Stipend per semester
  • Book/Connectivity allowance

The stipend will be released directly to the scholars or through HEIs. The book/ connectivity allowance per semester of a given academic year until the completion of the degree program.

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on CHED Merit Scholarship 2023.

4. CHED Medical Scholarship 2023

CHED Medical Scholarship 2023-2024 is open to Apply for all eligible Filipinos. The CHED Scholarship program is an initiative by Commission on Higher Education to help Filipino students studying in the medical fields.

CHED Medical Scholarship 2023-2024 Application
CHED Medical Scholarship 2023-2024 Application

The Commission on Higher Education (CHED) is calling for applicants who are interested to apply for the Medical Scholarship and Return Service (MSRS) Program for the First Semester, AY 2023-2024.

Scholarship Benefits

Following are the benefits of CHED Medical Scholarship 2023:

  1. Free tuition and other school fees
  2. Allowance for prescribed books, supplies and equipment
  3. Clothing or uniform allowance
  4. Dormitory or boarding house accommodation allowance
  5. Transportation allowance
  6. Internship fees
  7. Licensure fees
  8. Medical board review fees
  9. Annual medical insurance
  10. Other education-related miscellaneous subsistence or living expenses

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on CHED Medical Scholarship 2023.

5. DOH Scholarship program 2023

The Department of Health, DOH Pre-Service Scholarship 2023 for Medical Technology, Pharmacy and Diploma in Midwifery is open to apply for all eligible and interested Filipinos.

DOH Pre-Service Scholarship 2023 for Medical Technology, Pharmacy and Midwifery
DOH Pre-Service Scholarship 2023 for Medical Technology, Pharmacy and Midwifery

The Goal of DOH Pre-Service Scholarship program is to provide accessibility to quality health care services by the poor, marginalized and vulnerable sectors of the Philippines.

Scholarship Benefits

Following are the benefits of DOH Pre-Service Scholarship for Medical Technology, Pharmacy and Diploma in Midwifery:

Scholarship Benefits for Diploma in Midwifery

Scholars for Diploma in Midwifery will receive a Total Annual Allowance of ₱235,200 as Scholarship benefits

Scholarship Benefits for Medical Technology and Pharmacy

Scholars for Medical Technology and Pharmacy will receive a Total Annual Allowance of ₱267,200 as Scholarship benefits

The Scholarship benefits include Tuition Fees, Book Allowances, Uniform, Miscellaneous Expenses, Living expenses, For Board and Lodging, Transportation expenses.

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on DOH Pre-Service Scholarship 2023.

6. DOST Scholarship program 2023

DOST Scholarship 2023 is open to Apply for all eligible Filipinos. The Department of Science and Technology-Science Education Institute (DOST-SEI), in collaboration with the National Consortium in Graduate Science and Mathematics Education (NCGSME), has announced a new Scholarship Program under the Capacity Building Program in Science and Mathematics Education (CBPSME).

DOST SEI Scholarship 2023 Application
DOST SEI Scholarship 2023 Application

Scholarship Benefits

Following are the benefits of DOST SEI Scholarships for Master’s and Doctoral Students:

  • Tuition & other school fees: Actual
  • Monthly Stipend:
    • Master’s: ₱25,000
    • Doctoral: ₱33,000
  • Learning Materials and/or Connectivity Allowance : ₱20,000/AY
  • Transportation Allowance: One (1) actual economy class round trip per academic year
  • Group Accident & Health Insurance: Premium
  • Thesis/Dissertation Allowance:
    • Master’s: ₱60,000
    • Doctoral: ₱100,000
  • Student Research Support Fund:
    • Research Grant
      • Master’s: ₱114,000
      • Doctoral: ₱253,000
    • Dissemination Grant
      • Master’s: ₱75,000
      • Doctoral: ₱150,000
    • Mentor’s Fee
      • Master’s: ₱36,000
      • Doctoral: ₱72,000

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on DOST Scholarship program 2023.

7. DSWD Cash Assistance 2023

DSWD has launched its Cash Assistance program to provide cash aids to all those who are in need of assistance. This program will help eligible individuals and families who need financial assistance.

DSWD Cash Assistance for Education 2023-2024
DSWD Cash Assistance for Education 2023-2024

Cash Assistance Benefits

The AICS Educational Assistance Program provides students with financial aid including from PHP 1000 to PHP 4,000, depending on their current level of education. Please see the details below for the cash amounts that each student can receive:

  • Php 1,000 for Elementary Students
  • Php 2,000 for High School Students
  • Php 3,000 for Senior High School Students
  • Php 4,000 for Vocational / College Students

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on DSWD Cash Assistance 2023.

8. National Academy of Sports – NAS Scholarship 2023

The National Academy of Sports Scholarship is one of the 10 best Scholarships that has announced the launch of Sports Scholarship for Incoming Grade 7 Filipino students.

National Academy of Sports - NAS Scholarship 2023 for Incoming Grade 7 and 8 Students
National Academy of Sports – NAS Scholarship 2023 for Incoming Grade 7 and 8 Students

The National Academy of Sports (NAS), from January 12, officially started accepting applications for the NAS Annual Search for Competent, Exceptional, Notable, and Talented Student-Athlete Scholars (NASCENT SAS) for School Year (S.Y.) 2022-2023.

Scholarship Benefits

Following are the Benefits of National Academy of Sports Scholarship:

  • Full tuition and Miscellaneous fees
  • Monthly stipend
  • Sports uniform and equipment
  • Meal and Lodging at the NAS Dormitory
  • Loan of learning materials such as books and e-books
  • Access to all sports facilities (subject to the approval of BCDA)
  • Health Insurance coverage (subject to the conditions of the Health Insurance Provider)
  • Covered expenses for participation in local and international competitions to include airfare, accommodation, insurance, meals, allowance, registration fees, passport, visa processing fees, and DSWD permits processing fees.

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on National Academy of Sports – NAS Scholarship 2023.

9. Mercury Drug Foundation Scholarship 2023

MDFI Pharmacy Scholarship 2023 is open to all eligible Filipinos. Recently, Mercury Drug Foundation, Inc. has announced the launch its Pharmacy Scholarship 2023-2024 program.

MDFI Scholarship 2023-2024 by Mercury Drug Foundation, Inc.
MDFI Scholarship 2023-2024 by Mercury Drug Foundation, Inc.

The goal of Mercury Drug Foundation, Inc. (MDFI) Scholarship is to provides full scholarships to deserving and financially challenged pharmacy students and selected courses to assist them in obtaining tertiary education and contributing to the country’s pharmacist shortage.

Scholarship Benefits

The MDFI Scholars shall receive the following benefits:

  • Tuition fees,
  • Miscellaneous fees,
  • Monthly stipends to assist with living expenses
  • Transportation costs, and
  • Job offers from Mercury Drug Corporation upon graduation

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on Mercury Drug Foundation Scholarship 2023.

10. Security Bank Scholarship 2023

Security Bank Scholarship is open to all Filipinos to Apply for the AY 2023-2024. The goal of the Security Bank Foundation Scholarship for Better Communities Scholarship Program is to help deserving but underprivileged students who are enrolled in Security Bank Foundation partner schools.

Security Bank Scholarship 2023 Online Application
Security Bank Scholarship 2023-2024 Online Application

This Scholarship is funded by Security Bank Foundation. The partner schools of Security Bank Foundation help assist with student screening, selection, and performance evaluation of the scholars.

Scholarship Benefits

Each scholar is entitled to the following benefits per academic year until he finishes his tertiary course.

Monetary Benefits:

Following is the list of monetary benefits of Security Bank Scholarship 2023-2024:

State Universities

  • A Stipend of Php 10,000 per month for maximum of 10 school months.
  • No allotment of Tuition and Miscellaneous Fees due to “Free Tuition Law”.

Private Universities

  • A Stipend of Php 5,000 per month for maximum of 10 school months.
  • Tuition and Miscellaneous Fees – Maximum of Php 100,000 of per year.

To know more about Eligibility criteria, Documentary requirements and How to Apply, read our detailed article on Security Bank Scholarship 2023.

These are the list of some of the 10 best Scholarships and cash assistance programs ongoing in the month of May 2023.


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