The Philippine Amusement and Gaming Corporation (PAGCOR) has committed Php60 million to fund scholarships for 2,000 students from low-income families in Bulacan, releasing an initial Php10-million grant to the provincial government on July 6.
The fund will support the Ayudang Hatid ay Tagumpay (AHT) Scholarship Program aimed at expanding access to higher education and technical-vocational training for deserving Bulakenyo students.
During the turnover of the first Php10 million at the Bulacan Capitol Gymnasium, PAGCOR Chairman and Chief Executive Officer Alejandro H. Tengco said the initiative helps ensure that revenues from regulated translate to programs that directly benefit Filipinos.
Of the Php60 million allocation, Php40 million will fund scholarships for 1,000 incoming college freshmen enrolled in four-year degree programs, while Php20 million will support 1,000 students pursuing technical-vocational education.
Mr. Tengco added that PAGCOR’s role extends beyond regulating gaming operations and generating revenues for the government.
Bulacan Governor Daniel Fernando welcomed the assistance and said it would enable more students to pursue their studies despite financial constraints.
“We thank PAGCOR for its continued support in the education of the Bulakenyo youth. This scholarship program will help expand access to quality education and create opportunities for deserving students across the province,” Governor Fernando said.
The scholarship program forms part of the Bawat Buhay Mahalaga Caravan, which brings government services and assistance closer to local communities, including initiatives that promote greater access to education.
Mr. Tengco also announced that PAGCOR will fund the construction of 10 three-story school buildings in Bulacan and the establishment of the Bulacan Sports Academy for aspiring young athletes.
