Hedcor, AGFI reward top high school students of host communities

Hydro Electric Development Corporation (Hedcor), in cooperation with the Aboitiz Group Foundation, Inc. (AGFI), visited high schools in its host communities last December 2003 to hand over cash incentives to each of the school’s top five deserving students.

Hedcor VP for operations Gregorio Jabonillo and administrative officer Romeo Catingub handed each student P2, 100 as part of an “Allowance Assistance Grant.”

There were five sophomores, ten juniors, and ten seniors given the grant from Ampusongan National High School, Bakun Central National High School, Sablan National High School, Benguet National High School, and Tuba National High School.

“The students are very happy; this is definitely a great gift for all of them,” said SNHS head teacher Mila Caliging. “This will also inspire them to do better in school,” she added.

The grant is actually part of AGFI’s scholarship program. Realizing the need to help more students, especially indigents of host communities studying in public schools, AGFI has allocated P300 per month for each grantee.

The students are chosen based on their previous year’s academic performance. They must maintain their academic performance in order to keep the grant next school year.

“The amount given to them was for their allowance from June to December,” said Catingub. “Each of them will still receive three months’ worth of allowance in March 2004.”

“Thank you very much to AGFI and Hedcor for their help and support, said one of the students.”

The recipients were: Mary Ann Laruan, Syvel Abance, Lenie Tad-o, Charlene May Dulnuan, Jerlyn Peter, Mary Ann Bernardo, Daniel Gay-as, Rojohn Durante, Romelyn Kimayong, Jeremia Tegui-ing, Cresilda Pataras, Amybelle Caluza, Amethyst Taqued, Laarni Basilio, Gilian Maranes, John Pulquiso, Carol Depayno, Sherilyn Oras, Jason Budas, William Eng-inga, Anton George Alangdeo, Florentino Bukong, Janette Angluben, Zenaida Bacdayan, and Hans Geoffrey Alangdeo.

Hedcor, a Benguet-based company, is the largest developer of mini hydropower in the Philippines producing an average of 164 million kilowatt-hours of clean and renewable energy annually.

AGFI is the social development arm of the Aboitiz Group of Companies.

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