SCHOLARSHIPS

The Asian Development Bank (ADB) provides a limited number of scholarships to qualified applicants each year in the MBA, MM, MDM, and MESODEV programs. ADB scholarship application forms are available at the AIM Admissions Office or can be downloaded from the ADB website www.adb.org.

For the MBA program, ADB chooses a scholar each from four (4) ADB-member countries per year; for the MM, a scholar each from four (4) ADB-member countries per year; for the MDM, a scholar each from 10 ADB-member countries per year; and for MESODEV, one (1) scholar.

Other forms of financial assistance are available.

W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.

How to qualify

The evaluation of ADB scholarship applicants will start only after they have been accepted in their chosen programs. The AIM scholarships committee prepares a shortlist of candidates, which is then forwarded to the ADB for final screening and selection. An ADB scholar must be below 35 years old, works with a PO/NGO, has not earned any masteral degree, and must be from an ADB member country.

W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.

AIM SSS Student Loans

Maximum loanable amounts

• MBA I only 70% of program fee
  
  
• MBA II only 70% of program fee
  
  
• MBA I and II 60% of first year, 50% of second year or average of 55% of total program fee
  
  
• MM 70% of program fee
  

Loan Conditions and Requisites

• Student-borrower and/or his parent(s)/spouse must be SSS members
  
  
• Monthly amortizations are at 9% p.a., starting three months from graduation, for a period ranging from three to five years. Amortizations are secured by PDCs
  
  
• Two co-makers (sureties) whose monthly salary are at least four times the monthly loan amortization
  
  
• Latest monthly salary of student-borrower is at least twice the monthly loan amortization.