Asenso Scholarship Discount Program

Who Is Eligible?

The updated Asenso Scholarship Discount Program applies to:

• all MMDC students admitted from SY 2023–2024 onwards
• new applicants starting SY 2025–2026

This applies to students enrolled in:

• BS in Business Administration
• BS in Information Technology

Note: The Asenso Scholarship Discount, launched in Term 1 of SY2023- 2024, differs from the Pioneer Scholarship Discount, which was introduced in SY2022- 2023. Students admitted in SY22-23 are under the Pioneer Scholarship Discount. For more info on this, check the Pioneer Scholarship Discount Help Guide. 

What Discounts Are Available?

• Automatic 20% Tuition Fee Discount: All students automatically receive a 20% tuition fee discount
• Additional 16% Tuition Fee Discount: Available to students with a monthly personal income between ₱10,000 and ₱49,999, upon submission and approval of required documents

Requirements for the Additional 16% Discount

Students applying for the additional 16% must submit all of the following documents, depending on their employment status:

For Formally Employed Students or Parents/Guardians:

• Latest 3 months' payslips
• Certificate of Employment with salary details
• BIR Form 2316
• Bank Statement (past 3 months)

For Informally Employed Students/ Freelancers/ Self-Employed:

• Financial Declaration / Affidavit of Income (notarized) or proof of freelance/part-time work contracts
• Bank Statement (past 3 months)
• Business Permit / DTI Registration (if applicable)
• Latest Income Tax Return (if applicable)

For Financially Dependent Students (Not Employed):

• Financial documents of supporting parent/guardian (see above)
• Proof of relationship (e.g., NSO Birth Certificate or legal affidavit)

Note: You may also submit additional supporting documents not listed if you believe they can strengthen your application.

How to Apply for the Additional 16% Discount

Step 1: Prepare Your Documents

Depending on your (or your family’s) source of income, please see the required documents listed above.

Important: MMDC may request additional documents or conduct interviews to verify your eligibility. Submitting falsified documents will result in disqualification and disciplinary action.

Step 2: Submit Your Application

• Fill out the Asenso +16% Application Form
  • Download the PDF Version of the application form linked here: Asenso +16% Application Form
• Submit your application and documents during the designated application window
  (opens 4 weeks before the start of enrollment for each term)
• Upload all required documents via the official Google Form submission link: Submission for Asenso +16% Discount

   Note: Applications submitted after the set deadline will not be accepted.

Step 3: Notification of Results

• Results will be sent within 5 business days after submission of all complete requirements.
• If approved, the additional 16% discount will be applied to the next term's enrollment and will be valid for one term only.

Note: Students must reapply every term to continue receiving the additional support. This takes into account the changing financial circumstances of students from term to term.

Application Timeline

• The application period typically opens 4 weeks before the enrollment period begins
• Applications must be finalized before the first day of enrollment
• Late or mid-term applications will not be accepted

🔔 Key Reminders

• The 20% base discount is automatic—no need to apply
• The additional 16% discount is not automatic—students must apply and qualify
• Students may apply for the additional discount in later terms if their financial situation changes (e.g., job change)
• The discount is applicable to tuition fees only.
• Students who do not enroll during the official enrollment period will forfeit the approved discount for that term
• Dropped courses will still be included in tuition fee calculations
• The Asenso Discount is non-convertible, non-transferable, and non-deferrable
• Program terms are effective until further notice. Eligibility, coverage, and validity are final and will remain in place until the next official update.

🤔 Frequently Asked Questions (FAQs)

Will my tuition or fees increase next year?

No. MMDC is keeping all tuition and miscellaneous fees unchanged for SY 2025–2026.

How long will the revised program be in place?

The updated Asenso Scholarship Discount Program 2025 will remain in effect until further notice from MMDC.