BingoPlus Foundation FutureSmart Scholarship Program in Search of 10 Deserving Students to get Full College Education Scholarship

Software engineering is a systematic engineering approach to software development and was started in the late 1960s as a new engineering discipline concerned with all aspects pertaining to software production. It encompasses concepts, principles, theories, techniques & tools that can be used for developing high-quality professional software. 

Career Paths for Software Engineers

A software engineer is a person who applies the principles of software engineering to design, develop, maintain, test, and evaluate computer software. Career options for software engineers are the following:  Applications developer, Cyber security analyst, Game developer, Information systems manager, IT consultant, Multimedia programmer, IT specialist, code developer, & more. 

Applications developer — Also known as a software developer or software architect, an application developer is responsible for developing and modifying source code for software applications. These applications are aimed at aiding customers with computer tasks or programs.

IT consultant — IT specialists or consultants provide computer & technical support to schools, businesses, and other organizations. As an IT specialist, you install and oversee the network, database, software, and hardware of your client or company to ensure they run smoothly and are safe from threats. Your job duties may include testing devices, troubleshooting software, and training employees on how to use the network effectively. IT specialists may also help create and manage data storage solutions and make recommendations when the organization should upgrade its systems.

Why Demand of Software Engineers is High

As technology becomes more important for businesses across many industries, the need for innovative software and engineers to develop it grows as well. When a company identifies an area for improvement, it may hire software engineers to help in the development of systems and software to take advantage of the opportunity. This creates a broad range of career options for individuals trained as software engineers.

Here in the Philippines, the average pay of software engineers ranges from  ₱223,000 up to ₱1,000,000 per year according to the PayScale website. An entry-level software engineer with less than 1 year experience can expect to earn an average total compensation of ₱299,130. An early career software engineer with 1-4 years of experience earns an average total compensation of ₱417,441. A mid-career software engineer with 5-9 years of experience earns an average total compensation of ₱678,539. An experienced software engineer with 10-19 years of experience earns an average total compensation of ₱933,405. In their late career (20 years and higher), employees earn an average total compensation of ₱899,800

The average pay of graduates of software engineering is really high compared to other courses so more and more incoming university students are choosing the said course. But their burden now is the high tuition fee of software engineering, especially if they want to study in top and reputable educational institutions. 

Thankfully, there are institutions and foundations that offer free full scholarships to those deserving students. 

FutureSmart Scholarship 2022

BingoPlus Foundation is set to provide college scholarships to 10 deserving students in the country and will be called FutureSmart Scholarship Program. This scholarship grant is being done in partnership with iACADEMY, one of the most innovative and sought-after technology, design, and business schools in the Philippines. 

FutureSmart Scholarship Program is open to the following:

  • Students in need of financial assistance to continue education (for further evaluation by the Foundation)
  • Students planning to take 

          - Bachelor of Science in Computer Science with specialization in Software Engineering

          - Bachelor of Science in Entertainment and Multimedia Computing Game Development

          - Bachelor of Science in Information Technology with specialization in Web Development


  • must carry the regular load prescribed by the course
  • must obtain GWA of not lower than 1.75 and no grade lower than 2.50 in any subject
  • must possess good moral character
  • must not have been subjected to any disciplinary action by the school, either academically or administratively during the period enrolled

Documentary requirements:

  • Letter of intent
  • Certified true copy of previous grades covering SY 2021 – 2022
  • Recommendation letter from guidance counselor or faculty
  • Certificate of good moral character
  • Income Tax Return (IT) or BIR Certification of Exemption from Filing IT if unemployed (To be provided by parents/guardian)
  • Certificate of Employment (COE) stating the following: position in the company and monthly Salary (To be provided by parents/guardian)

Video requirement:

-  The applicant should create a two (2) minute video pitch expressing willingness to work for the granter upon graduation and covering the following points:

(a) Why do I deserve the scholarship?

(b) How do I intend to work and collaborate with the grantor upon graduation?

Apply for the scholarship today!

Stringent criteria, requirements, and screening process have been set to ensure that only qualified and deserving students are accepted for the program. Students must have good moral character, General Weighted Average (GWA) of not lower than 1.75 and no grade lower than 2.50 and must not have been subjected previously to any disciplinary action by their schools, either academically or administratively.

The application also requires a two-minute video pitch explaining why they deserve the scholarship, and how they intend to collaborate with BingoPlus Foundation after finishing the course.

Interested parties may submit their applications at Deadline of submission of application for the scholarship is on January 13, 2023. The names of the selected 10 scholars will be announced in February 2023.

Feb 15, 2023 Update

LOOK: BingoPlus Foundation and iACADEMY recently conducted the selection process for the P6 Million FutureSmart Scholarship Program. The chosen scholars who will get to study tech engineering at iACADEMY starting next school term will be announced very soon. 

Present during the candidate selection were (from left) BingoPlus Vice President for Brand Marketing and BingoPlus Foundation Representative Felbin Peter Soto, iACADEMY Senior Manager for the Office of Student Affairs and Services Anna Fernandez, iACADEMY Chairperson of Web Development and OIC Dean of Software Engineering Bennett Tanyag, and iACADEMY Scholarship Officer Richen de Castro

JL Santiago Aquino

A millennial lifestyle blogger from Caloocan City who adores trying new things. ✨ Email: Follow @JayL_Aquino on Instagram, Twitter, TikTok & Facebook.


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