Access to education and support has long been recognized globally as one of the keys to ending the cycle of poverty. The resources, experiences, and skills gained in schools enable students, especially those in low-income households, to explore possibilities, dream, and build successful lives for themselves and those around them.
The SM Foundation Inc. (SMFI) scholarship program was built in 1993 on this staunch belief in the power of education in ending the intergenerational cycle of poverty. About 30 years since then, the program successfully helped over 8,000 students receive a quality education which, in turn, provides a better future for their families.
Many of the 8,000 graduates are now changemakers in their chosen fields of work. One of them is Rey Abilo, now a vice president for finance, treasurer, and chief financial officer of a well-known multinational oil and gas company.
Through his SM scholarship, Abilo earned a Bachelor’s Degree in Business Administration and Accountancy and graduated cum laude in 2004. He pursued his dream of giving his family a more comfortable life after passing the CPA Licensure examination.
More than just financial support, SMFI also organized events for scholars to experience various facets of life. “The scholarship program of SM goes beyond academics because we get to see all the scholars every now and then, and they do sports fests, retreats, and other social activities. This is nice because it doesn’t only make you study hard, but it also makes you a better person,”
His advice for the youth who are struggling in finishing their studies because of economic challenges “For each opportunity that is given to you, persevere. Don’t lose that ambition, don’t lose that dream. And, of course, along the way, make sure that your values are intact” Abilo capped.
As the graduates of the school year 2021-2022 embark on a new journey, SMFI will honor over 300 scholar-graduates for their determination, resilience, and hard work amidst the challenges brought about by the pandemic.
Of the 300, 146 will cap their academic journeys with honors: 24 with academic distinction, six summa cum laude, 41 magna cum laude, and 75 cum laude graduates.
To celebrate their successes and motivate them as they face a brighter tomorrow, scholar-graduates, along with officials of SMFI and SM scholar alumni, will come together at SM Foundation’s Rise to Greatness, the presentation of the SM College Scholar Graduates, on October 22, 2:00 pm-4:00 pm, via Facebook live.
