The University of San Carlos (USC) and Megawide Corporation Foundation, Inc., the social responsibility arm of the Megawide Construction Corporation (Megawide), entered into a Memorandum of Agreement for scholarship grants on May 14, 2025, at the USC Downtown Campus.
The merit scholarship will be awarded to deserving Architecture students who demonstrate good academic standing, financial need, and have a grade-weighted average of at least 85% (equivalent to 2.5).
Megawide will provide financial support and board review assistance to scholarship recipients beginning 1st semester of Academic Year 2025-2026, with the assistance of the USC Office of Alumni, Scholarships and Job Placement (OAASJP).
Manuel Louie B. Ferrer, Megawide Vice Chairman and Executive Director for Infrastructure Development, shared that they look forward to welcoming more students into their firm through scholarships and internships.
“Our goal, our vision, is for a first-world Philippines–that’s how we articulate engineering excellence. So, we need more talents, we need better engineers and good architects to help us with our projects,” he said.
Meanwhile, University President Fr. Francisco Antonio T. Estepa, SVD, Ph.D. expressed his gratitude for the scholarship grant that will truly help deserving students in the field of architecture.
USC Vice President for Administration Atty. Joan S. Largo, Ll.M. for her part said that the scholarship is a valuable investment for both USC and Megawide, as it allows students to combine theoretical knowledge from the university with practical learning at the company.
“Megawide is one of two entities that brought the Mactan-Cebu International Airport (MCIA) to us—one of the best airports in the Philippines, and even in Asia; while USC’s seven engineering programs have received full accreditation by the Philippine Technological Council (PTC),” she said.
The scholarship grant is just one aspect of the partnership between USC and Megawide. The two parties have also discussed expanding the program to include scholarships and/or internship opportunities for engineering and business students at the University of San Carlos.
“We’d like to provide these opportunities to the students, not only for architecture, but also for engineering and business. We have different opportunities and we can work with them. We can teach them and expose them to industry practice and standards at an early stage,” Ferrer shared.