In 1970, Ambassador Alfonso T. Yuchengco set-up the Bayanihan Foundation, Inc, the forerunner of the AY Foundation, Inc. to administer an educational fund for the children of Grepalife employees and sales associates. The educational fund, at first, only provided scholarship grants to deserving children of employees. But the foundation's investment in education later expanded to include financially needy but deserving youth from the "general public". Specifically, the two priority beneficiary groups are the cultural minorities and center-based street children.
The AYF Scholarship Program aims to provide financial assistance to deserving Filipino youth belonging to low-income families (with combined parents' income not exceeding Php 320,000.00 annually) in order for them to pursue their studies up to college, provided certain criteria are met. The grants maybe availed of at any grade/year level (i.e. grade school, high school, and college).
The beneficiaries under the AYF Scholarship Program are cultural minorities (e.g Muslims, Tagbanuas, Ifugaos, Mangyans, etc.) who are referred to AYF and are qualified for scholarship assistance under its guidelines. Another priority sector is street children under the care of child welfare institutions/NGOs. Referrals are made to the AYF who screen the street children’s readiness and qualifications to go to school.
For more information, you can download our forms below:
Scholarship Packet Page 1
Scholarship Packet Page 2
Scholarship Packet Page 3-4
Scholarship Packet Page 5-6 Scholarship Agreement
Scholarship Packet Page 7-8
Scholarship Packet Page 9-10