HERE’S a piece of good news for families who may not have the means to support their children though college.

State-owned Development Bank of the Philippines (DBP) is set to launch the fourth batch of scholars under its flagship corporate social responsibility (CSR) initiative, the DBP Resources for Inclusive and Sustainable Education (RISE) scholarship program, a top official said.

DBP President and Chief Executive Officer Emmanuel G. Herbosa said the DBP RISE, will provide full scholarships to 510 deserving students from underprivileged Filipino families to pursue tertiary education in 10 DBP-accredited partner Higher Educational Institutions (HEI).

In this year’s program, DBP Director and Head of the Bank’s Board-Level Development Advocacy Committee Dante V. Liban said that the bank has partnered with four private HEIs and six State Colleges and Universities across the archipelago, which will undertake the screening of prospective scholars.

The 10 partner schools for the fourth batch are: Asian Institute of Maritime Studies; Pamantasan ng Lungsod ng Maynila; St. Dominic College of Asia, Cavite; STI Colleges, Inc.; Technological University of the Philippines – Visayas; University of Cebu; West Visayas State University, Iloilo; Mindanao State University, Marawi City; Mindanao State University – General Santos City; and University of Science and Technology of Southern Philippines.

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