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Isabela State University

                                OFFICE OF STUDENT AFFAIRS & SERVICES






                                                             ISU  Lab  High  alumnus  gives  scholarship  pro-
                                                             gram


                                                             A  Memorandum  of  Agreement  (MOA)  between
                                                             Isabela  State  University  and  Cloud  9  Holdings
                                                             Incorporated  was  forged  this  day,  September
                                                             21,   2018,    for   a   scholarship   program.
                                                             Mr.  Leonardo  J.  Ting,  Jr.,  President  and  Chief
                                                             Executive Officer of the said private company is
                                                             a graduate of ISU Laboratory High School Class
                                                             of  1979.  Mr.  Ting  initiated  the  said  scholarship
                                                             program in reciprocation of the wisdom he has
                                                             acquired in the University.



                                                             As part of the agreement, Mr. Ting will provide a
                                                             monthly  allowance  and  book  allowance  each
                                                             semester to the chosen recipients.


                                                             Prior to the signing of the  MOA, the University
                                                             conducted  screening  among  the  students  and
                                                             selected  five  deserving  scholars  to  benefit  the
                                                             said program until finishing their studies, provid-
                                                             ed that they satisfy their obligations as stipulat-
                                                             ed in the MOA.


                                                             Among  the  five  scholars  of  Cloud  9  Holdings
                                                             Incorporated  are  Jhocrison  V.  Collawit  and
                                                             Francess Anne Foronda, both taking up Bache-
                                                             lor of Science in Accountancy; Jeffrey  G. Con-
                                                             stantino and Angelica I. Cordova, both taking up
                                                             Bachelor of Science in Information and Commu-
                                                             nication  Technology;  and  Eddie  T.  Castro  Jr.
                                                             who  currently  takes  up  Bachelor  of  Science  in
                                                             Agriculture.


                                                             The MOA is effective for four years after its sign-
                                                             ing  and  the  scholars  will  enjoy  the  privileges
                                                             starting August 2018.


                                                                                          ——ISUE TODAY
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