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Frequently Asked Questions How is the S.E.F.I. program different from other scholarship programs? How has the S.E.F.I. been funded through the years? How can I benefit from contributing to the SEFI Endowment Fund?
How is the S.E.F.I. program different from other scholarship programs? The SEFI program is not a scholarship program. It is a reduced tuition fee scheme for eleven years of schooling from Prep until High School for qualified lower-middle-income groups. It is perhaps the only such program in existence in the Philippines today. Applicants have to pass a rigorous set of criteria as well as entrance exams to qualify. Once a student has been accepted into the program, a social worker regularly monitors her progress and checks on the family environment. The privacy and confidentiality of this arrangement is also assured. How has the S.E.F.I. been funded through the years? The initial seed money was provided by the ICM congregation. STC (Mla&QC) parents, alumnae and friends have made subtantial contributions to the fund through the years. Why a SEFI Endownment Fund? Yearly, the S.E.F.I. has to raise P 4 million plus to finance an average of 400 students, who comprise 11 to 12% of the school population. To support the program, a P 30 million Endowment Fund is needed. The Fund stands at about P 8 million at present so our aim is to raise P 22 million. Once we have reached the targeted amount, we will never need to appeal for more since the fund shall be enough to support all S.E.F.I. grantees. You can contribute to a SEFI NAME ENDOWMENT with a minimum of P 500,000.00; you can be a SEFI PILLAR with P 250,000.00; a BENEFACTOR with P 100,000.00; a SPONSOR with P 50,000.00;a PATRON with 25,000.00; a DONOR with P10,000.00; and a FRIEND with any amount offered. How can I benefit from contributing to the SEFI Endowment Fund? All contributions are tax deductible. But more than that, you will have left a LASTING LEGACY. Your contribution will make a difference in a young person's life. And since we intend to invest the Fund and only utilize the interest, your contribution will continue to benefit our grantees in perpetuity. Our more than one thousand five hundred SEFI grantees will attest to that.
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