TUBA, Benguet – Philex Mining Corporation has awarded 30 new college scholarships to beneficiaries in the host and neighboring villages of its Padcal mine in this province, bringing to 95 the total number of scholars for the current academic year enrolled in various schools in Baguio City and Benguet and nearby Pangasinan and Nueva Vizcaya.
Except for six old scholars who failed to achieve the grade-weighted average required by the company, who now receive a 75-percent financial assistance, the rest of the scholars enjoy free full tuition, book allowance, and monthly stipend.
“We are very proud of this program, as everybody agrees on the importance of education for the future of an individual, his or her family, the community, and the whole society,” Philex Chief Executive Officer and president Eulalio Austin, Jr. said.
The number of new scholars may increase as there are four other applications undergoing screening, according to Aurora Dolipas, manager of Padcal’s Community Relations (ComRel) Department.
The company earlier set aside P14.4 million for its scholarship program for college, high school, and elementary students, as well as for those in the technical/vocational courses.
Last year, Philex Mining allotted P11.8 M for its 114 full college and 24 tech-voc scholars; 374 students in elementary and high school who received educational subsidies; and 130 secondary students who were given education assistance (monthly monetary allowance).
ComRel’s Crisel Alberto-Rosado said the first semester of school year 2017-2018 has 64 full college scholars and five others enjoy financial assistance through the company’s Social Development and Management Program (SDMP), while 25 full scholars and one other receive financial assistance through the Development of Mining Technology and Geosciences.
This year Philex Mining saw 24 of its college scholars graduating in various disciplines, while seven other scholars have finished tech-voc courses.
The company has also provided scholarships to 90 students in senior high school (grades 11 and 12) and 140 students in junior high school (grades 7 to 10).
About 200 high school students and 300 elementary pupils, on the other hand, were awarded educational subsidies.