Two students from Bakun, Benguet were given the opportunity to a college education courtesy of a scholarship grant by the Luzon Hydro Corporation (LHC) last July 4.
Joeylyn Simeon and Fransiel Joy Akistoy both residing in Bakun, Benguet applied for the scholarship after recently graduating with honors from Ampusongan National High School, an adopted school of LHC.
A memorandum of agreement was signed between the scholars and the company in which LHC will provide them a full scholarship covering their tuition fees, a reimbursement of books required per semester and a monthly allowance.
“This is a very big help to us. Everything required for our studies has already been provided by LHC,” said Simeon. “This inspires us more to do pursue our studies,” Simeon added.
Simeon and Akistoy are presently taking up mechanical engineering at Saint Louis University.
The college scholarship grant is a corporate social responsibility project of LHC to its host communities. The program started back in 2001, when LHC offered scholarship grants to eight scholars from Alilem and Bakun.
LHC is a wholly-owned subsidiary of AboitizPower. It currently operates the 70MW run of-river Bakun AC Hydroelectric Power Plant with hydropower components in Bakun, Benguet and Alilem, Ilocos Sur. LHC is currently under the management of the leading develop of run-of-river hydropower plant in the country, Hedcor, Inc.
Future engineers. Joeyln Simeon (second from left) and Fransiel Akistoy (fourth from left) ink an agreement with the Luzon Hydro Corporation granting them a full scholarship throughout their 5-year course in mechanical engineering at Saint Louis University. The event was witnessed by Bakun municipal mayor Marcelo Contada and Vice Mayor Paulino Dalmones , Hedcor senior vice president Chris Faelnar, and community relations officer Manny Yapyapan.