Named in honour of the institution's founders, the Ricardo Bonilla (for incoming college students) and Marcella Bonilla (for incoming high school students) scholarship program is offered to students who shall pass a highly competitive examination and a battery of interviews to be administered by the institution.

College student-recipients shall be awarded a full scholarship on tuition and miscellaneous fees plus book allowance every semester. Continued benefits of the grant for the succeeding semesters shall be availed by maintaining a GPA of at least 2.0 with individual grades in all subjects not lower than 2.0. Percentage of discount on renewal shall depend on the evaluation of grades on the succeeding semesters.

Qualified applicants must submit the following requirements within the prescribed period:

1. Scholarship Program Form (duly accomplished)
2. Report Card (F-138) or Permanent Record (F-137-A)
3. Certificate of Good Moral Character
4. Photocopy of Birth Certificate (NSO Authenticated)
5. 2 x 2 picture (3 pcs)
6. 1 x 1 picture (2 pcs)

This grant is open ONLY to freshmen.

Named after its late President who was well known as an everybody's man, ever approachable and always ready to lend a helping hand, the scholarship grant shall be awarded to academically gifted and financially needy students who must also possess good standing in the community.

The grant consists of 100% tuition fee discount which shall be awarded to successful applicants who would enrol except in Laboratory Courses. Applicants must submit the following requirements:

1. Submission of the following documents to the Guidance Department:
1. Accomplished Scholarship Program Form
2. High School Diploma (photocopy)
3. Report Card (photocopy)
4. Certificate of Residency in Lipa City
5. Recommendation from the following:
      School Principal
      Adviser / Guidance Counselor
      Barangay Captain
2. Excellent result in Qualifying Exam
3. Satisfactory Interview Results

This program is given to students who graduated with honors. Following are the benefits that may be received through this program upon enrolment:

Qualified applicants must submit the following requirements within the prescribed period:

1. Scholarship Program Form (duly accomplished)
2. Report Card (F-138) or Permanent Record (F-137-A)
3. Certificate of Good Moral Character
4. Photocopy of Birth Certificate (NSO Authenticated)
5. 2 x 2 picture (3 pcs)
6. 1 x 1 picture (2 pcs)

This program is open only to incoming 1st year students and consists of tuition fee discounts based on their GWA (Grade Weighted Average).

Given to financially-disadvantaged students, this program provides its recipients education in exchange of specific work hours rendered in any of the offices of the institution.

To avail of this program, a Student Assistance Program must be secured, filled out, and submitted within the prescribed period and the applicant must also undergo and pass a series of interviews.

This program is given only to incoming 1st year students who graduated with outstanding sports performance. The following schemes are the benefits that may be received through this program upon enrolment.

Varsity Team members are exempted from taking P.E. and N.S.T.P. are entitled ONLY to a set of uniform and allowance in every event.

Given to any bonafide student who meets the following requirements:

1. Physical fitness required by the performing arts the student would like to engage in
2. Good moral character
3. Exemplary performance as attested by a recommendation from both the student's (for new / incoming students) and the institution's assigned trainer.

Recipient of this grant shall avail 15% tuition fee discount.

To continuously avail of the grant, the recipient must have no failing grades, no disciplinary infractions and should abide by all the other rules and regulations of the institution

This program entitles children of FELITODA members to a 30% tuition fee discount. This is open to both incoming freshmen and transferees.

To avail of this grant, the applicant must present the following documents:

1. ID and Franchise Document of Parent
2. Recommendation Letter from FELITODA President

This program entitles children of LCC alumni to a 15% tuition fee discount.

To avail of this grant, the applicant must present the following documents of the parent-alumnus:

1. Birth Certificate
2. Diploma

Available for a group of at least 3 siblings who are all enrolled in the institution at the same semester, this privilege consists of a 50% discount on tuition fees for the sibling who last enrolled.

To avail of this privilege, the qualified students must submit the following requirements within the prescribed period:

1. Family Privilege Application Form (duly accomplished)
2. Registration Form (validated)
3. Birth Certificates of the grantee and his / her siblings (photocopy)

This privilege entitles the legitimate spouse and children of permanent employees of the institution to the following tuition fee discounts:

To avail of this privilege, an Employee Privilege Form must be secured, filled out, and submitted within the prescribed period.

This privilege entitles high school students who continue their college education in the institution to 50% tuition fee discount for one semester only.

To avail of this privilege, a Scholarship Form must be secured, filled out, and submitted within the prescribed period.

Lipa City Colleges has partnerships with both government and non-government organizations, resulting into additional scholarship grants that provide access to quality education to a higher number of deserving students.

1. Batangas Province Scholarship Program (BAPROSA)
   
   Given to student-residents of the province of Batangas, the grant consists of a financial assistance to be awarded to applicants who shall pass the Qualifying Examination given annually by the Provincial Assistance for Community Development (PACD) at its office in Capitol Site, Batangas City. Grantees must comply with the specific requirements set by both PACD and LCC to avail of the benefits of the program for the succeeding semesters, i.e., GPA of 2.0 and individual grades in all subjects not lower than 2.25 (grades in PE and NSTP excluded).
   
   
2. Mayor Meynard A. Sabili Education ang Scholarship program
   
   Given to student-residents of the city of Lipa, the grant consists of a 100% tuition fee discount for one semester.Grantees must comply with the specific requirements set by both City Mayor's office and LCC to avail of the benefits of the program for the succeeding semesters, i.e., GPA of 2.0 or better and individual grades in all subjects not going lower than 2.25 (grades in PE and NSTP excluded).
   
   
3. Commission on Higher Education (CHED) Scholarship Programs
   
   Awarded by the Commission on Higher Education (CHED) such as Scholarships,Tulong-Dunong Grants, Grant-in-Aid and Study Now Pay Later Plans. The number and kinds of grants vary and the specific requirements that they have set must likewise be complied with.
   
   
4. Technical Education and Skills Development Authority(TESDA) Scholarship Grants

The following agencies offer scholarship grants / financial assistance to qualified students, the basis of which depends on their respective sets of criteria and / or requirements.

1. Skills Enhancement and Educational Development for Students (SEEDS)
   
   The grant which consists of tuition fee assistance is open to student trainees employed in the Jollibee Group of Companies and who are in any of the following year levels: 1st, 2nd or 3rd. Initial grant is valid for one semester and may be renewed upon compliance with the requirements of both Jollibee and LCC, i.e., excellent job performance and good academic standing.
   
   Application of the grant must be made at the Office of the Guidance Head.
   
   
2. SM Foundation Inc. Scholarship Program
   
   Given to financially needy but deserving public high school graduates in selected areas as determined by SM Foundation, Inc., the grant consists of matriculation, tuition and other school fees on a semestral basis. Continued receiving of the grant is subject to compliance with all the requirements set by both SM Foundation, Inc. and LCC.
   
   Application for the grant must be made at the Foundation's office at SM City Lipa.