Quick answer: The Metrobank Foundation Scholarship 2026 application period typically runs February to April, with results announced around June to July. Applicants need a GWA of 85% or higher (88%+ for incoming freshmen), combined family income generally under ₱300,000–₱400,000 per year, and enrollment in a CHED-recognized school. The scholarship covers full tuition, a monthly stipend, and a book allowance. Full eligibility and document details are below.
What is the Metrobank Foundation Scholarship?
The Metrobank Foundation Scholarship is one of the most respected private scholarship programs in the Philippines. Administered by Metrobank Foundation, Inc. (MBFI), the philanthropic arm of Metropolitan Bank and Trust Company (Metrobank), this scholarship provides comprehensive financial support to academically excellent but financially challenged Filipino students.
Established as part of Metrobank’s commitment to nation-building through education, the foundation has helped thousands of scholars complete their college education and become successful professionals in various fields. The scholarship program reflects the bank’s belief that investing in education is investing in the future of the Philippines.
Beyond financial assistance, Metrobank Foundation scholars receive mentorship, leadership training, and networking opportunities that prepare them for successful careers after graduation.
Metrobank Foundation Scholarship Benefits 2026
| Benefit | Coverage |
|---|---|
| Tuition Fee | Full coverage at partner schools |
| Monthly Stipend | ₱5,000 – ₱8,000 per month |
| Book Allowance | ₱3,000 – ₱5,000 per semester |
| Miscellaneous Fees | Covered |
| Graduation Allowance | One-time grant |
| Board Exam Review | Support for applicable programs |
Additional Benefits
- Leadership Development Programs – Workshops and seminars for personal growth
- Mentorship – Access to Metrobank executives and professionals
- Networking Opportunities – Connection with fellow scholars and alumni
- Internship Opportunities – Potential placement at Metrobank and partner companies
- Employment Assistance – Priority consideration for positions at Metrobank Group
Eligibility Requirements
Academic Requirements
| Category | Requirement |
|---|---|
| Incoming Freshmen | Top 10% of graduating high school class or GWA of 88%+ |
| College Students | GWA of 85% or higher with no failing grades |
| Graduate Students | Must have excellent academic standing |
Financial Requirements
- Combined annual family income must not exceed ₱300,000 – ₱400,000
- Must demonstrate genuine financial need
- Must submit valid proof of income documentation
General Requirements
- Filipino citizen
- Enrolled or accepted in a CHED-recognized institution
- Taking a priority course aligned with national development needs
- Not receiving any other full scholarship from another organization
- Must have good moral character
- Willing to comply with scholarship terms and conditions
Priority Courses
Metrobank Foundation typically prioritizes students in:
- Banking and Finance
- Accountancy
- Business Administration
- Information Technology
- Engineering
- Education
- Nursing and Healthcare
- Agriculture
Documentary Requirements
For Freshmen Applicants
- Completed Application Form (from Metrobank Foundation)
- High School Report Card (Form 138) with GWA
- PSA Birth Certificate (original and photocopy)
- Certificate of Good Moral Character
- Barangay Certificate of Residency
- Recent 2×2 ID Photos (4 pieces)
- Parents’ Income Documents:
- Income Tax Return (ITR) or
- Certificate of Employment with Compensation or
- Certificate of Indigency from Barangay
For College Student Applicants
- Completed Application Form
- Certified True Copy of Grades (TOR or latest grade report)
- Certificate of Enrollment or Registration Form
- PSA Birth Certificate
- Certificate of Good Moral Character from school
- Updated Income Documents of parents/guardians
- Recommendation Letter from Dean or Professor
- Personal Essay explaining financial need and goals
Additional Documents (if applicable)
- Death Certificate of deceased parent
- Medical Certificate for family members with health conditions
- Proof of Siblings’ Education expenses
- Utility Bills as proof of residence
Step-by-Step Application Process
Step 1: Check Eligibility
Verify that you meet all academic, financial, and other requirements before applying.
Step 2: Obtain Application Form
Get the official application form from:
- Metrobank Foundation Office – Metrobank Plaza, Gil Puyat Ave., Makati City
- Metrobank Branches – Selected branches nationwide
- Partner Schools – Scholarship offices of partner universities
- Online – Download from Metrobank Foundation website (when available)
Step 3: Prepare Documents
Gather all required documents:
- Ensure documents are complete and valid
- Get certified true copies where required
- Organize documents according to the checklist
Step 4: Submit Application
Submit your complete application package to:
Metrobank Foundation, Inc. 18th Floor, Metrobank Plaza Sen. Gil Puyat Avenue, Makati City
Or submit through your school’s scholarship office if your university is a partner institution.
Step 5: Screening Process
Metrobank Foundation will:
- Review submitted applications
- Verify academic records and financial information
- Shortlist qualified candidates
- Schedule interviews for finalists
Step 6: Interview
Shortlisted candidates undergo:
- Panel interview with foundation representatives
- Questions about academic background, goals, and financial situation
- Assessment of communication skills and character
Step 7: Final Selection
The foundation announces results through:
- Official notification via mail or email
- Phone call to successful applicants
- Posting at partner schools (in some cases)
Step 8: Orientation and Contract Signing
Selected scholars must:
- Attend mandatory orientation program
- Sign scholarship contract
- Submit additional requirements if needed
Application Timeline 2026
| Activity | Timeline |
|---|---|
| Application Period | February – April 2026 |
| Document Screening | April – May 2026 |
| Interview of Shortlisted Applicants | May – June 2026 |
| Announcement of Results | June – July 2026 |
| Orientation | July – August 2026 |
| First Semester Enrollment | August 2026 |
Note: Exact dates may vary. Always confirm with Metrobank Foundation.
Types of Metrobank Foundation Scholarships
1. Undergraduate Scholarship Program
The flagship program supporting college students pursuing bachelor’s degrees.
Features:
- Full tuition coverage
- Monthly and book allowances
- 4-5 years of support (depending on program)
2. Graduate Scholarship Program
For professionals pursuing master’s degrees in priority fields.
Features:
- Tuition assistance
- Research support
- Thesis/dissertation allowance
3. Special Scholarship Programs
Metrobank Foundation occasionally offers specialized scholarships in partnership with government agencies or other organizations.
Maintaining Your Scholarship
Academic Requirements
| Year Level | Minimum GWA |
|---|---|
| First Year | 2.25 (82%) |
| Second Year | 2.25 (82%) |
| Third Year | 2.0 (85%) |
| Fourth Year | 2.0 (85%) |
Other Requirements
- No failing grades in any subject
- No dropped subjects without valid reason
- Full academic load each semester
- Regular attendance at scholar activities
- Good moral character maintained
- Community service participation
Renewal Process
Each semester/year, scholars must submit:
- Updated grades/transcript
- Certificate of enrollment
- Updated financial documents (if required)
- Accomplishment report
Frequently Asked Questions (FAQ)
How competitive is the Metrobank Foundation Scholarship?
The scholarship is highly competitive, with thousands of applicants each year. Only a limited number of slots are available, so having excellent grades and a compelling story increases your chances.
Can I apply if I’m already receiving a government scholarship?
Generally, you cannot hold two full scholarships simultaneously. However, you may be able to combine the Metrobank scholarship with partial grants. Check with the foundation for specific rules.
Is there a return service obligation?
Some Metrobank scholarships may have preferred employment consideration at Metrobank after graduation, but specific return service requirements vary. Check the scholarship terms.
What if I need to shift to another course?
Course shifting may affect your scholarship status. You must obtain approval from Metrobank Foundation before shifting. Unauthorized changes may result in termination.
Can working students apply?
Working students may apply if they meet the financial need criteria. However, priority is typically given to those who cannot support their education without assistance.
Are there partner schools?
Yes, Metrobank Foundation partners with select universities. Scholars are often required to enroll in these partner institutions. Contact the foundation for the current list.
How long does the application process take?
From submission to final announcement, the process typically takes 3-5 months.
Can I reapply if rejected?
Yes, you may reapply in the next application cycle if you still meet the requirements.
Tips for a Successful Application
- Apply early – Submit your application well before the deadline
- Complete all documents – Incomplete applications are often automatically disqualified
- Be honest – Provide accurate information about your academic and financial situation
- Write a compelling essay – Share your story, challenges, and how the scholarship will help you achieve your goals
- Prepare for the interview – Practice answering questions about your background, academic plans, and why you deserve the scholarship
- Show leadership – Highlight extracurricular activities and community involvement
- Maintain excellent grades – Your academic performance is a key factor
- Get strong recommendations – Ask teachers who know you well to write recommendation letters
- Follow instructions carefully – Adhere to all guidelines in the application form
- Keep copies – Maintain photocopies of all submitted documents
Contact Information
Metrobank Foundation, Inc. 18th Floor, Metrobank Plaza Sen. Gil Puyat Avenue Makati City, Philippines
Phone: (02) 8898-8000 (Look for Metrobank Foundation) Email: mbfi@metrobank.com.ph Website: www.metrobankfoundation.org.ph
Office Hours: Monday to Friday: 8:00 AM – 5:00 PM Closed on weekends and holidays
About Metrobank Foundation
Metrobank Foundation, Inc. (MBFI) is the social development arm of Metropolitan Bank and Trust Company. Established to fulfill Metrobank’s commitment to corporate social responsibility, the foundation focuses on:
- Education – Scholarships and grants
- Arts and Culture – Metrobank Art and Design Excellence (MADE)
- Community Development – Disaster relief and livelihood programs
- Recognition Programs – Outstanding Filipinos Awards
The foundation embodies Metrobank’s vision of contributing to nation-building through meaningful programs that empower Filipinos.
Related Scholarships
If you’re exploring other options, consider these alternatives:
- SM Foundation Scholarship
- Ayala Foundation Scholarship
- Security Bank Foundation Scholarship
- BDO Foundation Scholarship
- CHED Scholarship
- Gokongwei Brothers Foundation Scholarship
Conclusion
The Metrobank Foundation Scholarship 2026 offers a life-changing opportunity for academically excellent Filipino students who face financial challenges. With comprehensive benefits including full tuition, monthly stipends, and career development support, this scholarship provides more than just financial aid – it opens doors to a brighter future.
If you meet the requirements and have the determination to succeed, don’t miss this chance to apply. Start preparing your documents now, write a compelling essay, and take the first step toward your educational dreams with the support of one of the Philippines’ most respected private foundations.