Megaworld Foundation, Inc., represented by its President Francisco C. Canuto, launched the Megaworld Scholarship Program with the UP College of Engineering. The Program has opened fifty (50) slots for Civil Engineering and fifteen (15) slots for Electrical Engineering, and Electronics and Communications Engineering. The scholars will receive PhP 20,000 per year. The application and screening process is now ongoing, for slots in the first semester of AY 2022-23.