MANILA, Philippines - Manulife Financial has new scholarships for outstanding students and faculty, in partnership with the University of the Philippines (UP)-Diliman College of Science. The undergraduate scholarships are awarded to qualified freshmen and final year students at the UP-Diliman College of Science and are based on the students’ academic performance, financial situation and a written essay. Awards will be made for a professorial chair in actuarial science, undergraduate scholarships in B.S. Mathematics, and graduate scholarships in the Professional Masters in Applied Mathematics (PMAM) or M.S. Applied Mathematics (Finance) program. In addition, Manulife will offer internships to qualified students who intend to pursue careers in the financial services industry. A total of 18 scholarships have previously been awarded under the program, since its inception in 2010 – seven in 2010 and another 11 in 2011.