Scholarships and Financial Assistance for College
E. T. YUCHENGCO INSTITUTIONAL SCHOLARSHIP (College)
The E.T. Yuchengco Institutional Scholarship is for incoming Freshman students who belong to the Top 10 performers in the MCL Entrance Scholarship Examination during the announced test-taking schedules.
Benefits:
• Free full tuition, L/F/D, and miscellaneous fees
• Learning materials worth P2,000 per term available only at MCL Bookstore
To retain the scholarship: The scholars must obtain at least a minimum Term Weighted Average of 1.75 at the end of the previous term, pass all curriculum required enrolled units for the previous term, remain in his/her academic program, and have no disciplinary action or pending disciplinary case.
MCL WIZARD ENTRANCE SCHOLARSHIP (College)
Selected for their potential to excel academically, recipients of the MCL Wizard Entrance Scholarship for college are incoming freshmen students who belong to the top performing MCL Entrance Scholarship Exam takers determined after the selection of the 10 E.T. Yuchengco Institutional Scholarship recipients.
Benefits:
• 25% to 50% tuition and L/F/D fees discounts for the First Term only
To retain the scholarship: The recipient must have no disciplinary action imposed for a major offense during the term. Students with disciplinary record for any major offense are disqualified for the scholarship.
MCL DNA OF EXCELLENCE SCHOLARSHIP
Academic honoree graduates of MCL Senior High School (MCL-SHS) are recognized to possess the MCL DNA of Excellence through this scholarship. This is for incoming freshmen students who graduated from MCL SHS, obtained a GWA of 90.00 and above, and belong to the top 10% of their track-strand population.
Benefits:
• 25% to 50% tuition and L/F/D fees discounts for the First Term only
To retain the scholarship: The recipient must have no disciplinary action imposed for a major offense during the term. Students with disciplinary record for any major offense are disqualified for the scholarship.
MCL LOYALTY DISCOUNT
The MCL Loyalty Discount is for incoming college freshman students who belong to the MCL Senior High School (MCL-SHS) latest Grade 12 graduation class.
Benefits:
• 10% tuition fee discount for the First Term only
To retain the scholarship: The recipient must have no disciplinary action imposed for a major offense during the term. Students with disciplinary record for any major offense are disqualified for the scholarship.
ACADEMIC SCHOLARSHIP
The Academic Scholarship is given to MCL college students with regular academic load who topped their respective academic programs in terms of TWA in the previous regular term.
Benefits:
• 50% to 100% tuition fee and L/F/D discount
To retain the scholarship: The recipient must have no disciplinary action imposed for a major offense during the term. Students with disciplinary record for any major offense are disqualified for the scholarship.
ATHLETIC SCHOLARSHIP PROGRAM
Recipients of this scholarship are incoming Freshman and current college level students qualified and selected for their potential to bring prestige, honor, and glory to MCL as sports ambassadors and as role models of excellence and virtue through the following sports: basketball, football, baseball, and volleyball for males, and volleyball for females.
NOTE: In view of the community quarantine restrictions, tryouts for athletic scholarships may only be conducted once government allows the resumption of sports/athletic activities and competitions .
Benefits:
• 25% to 100% tuition and L/F/D fees discounts for the First Term
• Free sports uniform and meal allowance and transportation during tournament games
To retain the scholarship: The recipient must obtain a units passed percentage (UPP) of 60% in all enrolled courses during the immediately preceding regular term; be in the list of students recommended for athletic scholarship by the college coach for her sport; and have no adverse disciplinary record.
MCL CUP SCHOLARSHIP
Winners of selected events of the annual MCL Cup qualify for the MCL Cup Scholarship.
Benefits:
• The terms and conditions of the scholarship benefits are stipulated in the MCL Cup Scholarship Certificate.
To retain the scholarship: The recipient must have no disciplinary action imposed for a major offense during the term. Students with disciplinary record for any major offense are disqualified for the scholarship.
GRANTS
Strategic industry partners of MCL provide grants to qualified MCL students in accordance with their selection criteria. They are as follows:
PTC-CSJ Foundation
Monark Foundation
PetroEnergy Resources Corporation
Maibarara Geothermal, Inc.
GRANTS (Government Subsidies)
MCL partners with the government in the implementation of the following subsidy programs for higher education institutions:
UniFAST Tertiary Education Subsidy ( UniFAST TES)
CHED Tulong Dunong Program (CHED TDP)
YGC PROMOTIONAL / AYALA CORPORATION PROMOTIONAL DISCOUNT
To qualify for the YGC or Ayala Corporation Promotional Discount, a student must have a parent who has been verified and certified to be currently a regular employee of a YGC or Ayala Corporation member company.
Benefits:
• 25% tuition fee and L/F/D discounts for the term.
To retain the financial aid: The recipient must have no disciplinary action imposed for a major offense during the term. Financial aid may only be availed within the number of curriculum years/terms of the qualified student’s academic program.
MCL STUDY AID
To qualify for the MCL Study Aid, a student must have a parent who has been verified and certified to be currently a regular employee of MCL.
Benefits:
• 50% tuition fee and L/F/D discounts for the term.
To retain the financial aid: The recipient must have no disciplinary action imposed for a major offense during the term. Financial aid may only be availed within the number of curriculum years/terms of the qualified student’s academic program.
SIBLING DISCOUNT
To qualify for the Sibling Discount, an MCL student must be verified to be a younger sibling of another student currently enrolled at MCL.
Benefits:
• First sibling – 10% tuition fee discount for the term
• Second sibling – 25% tuition fee discount for the term
• Third sibling – 40% tuition fee discount for the term
To retain the financial aid: The recipient must have no disciplinary action imposed for a major offense during the term.
STUDENT LOAN PROGRAM
MCL partners with Bukas.ph for affordable tuition installment plans for both its college and senior high school students.