Organized in 1989 by the BPI Foundation, Inc., the corporate social responsibility arm of the Bank of the Philippine Islands (BPI), with the Department of Science and Technology (DOST), the BPI-DOST Science Awards recognizes exceptional science and engineering students from partner-universities nationwide. These students are individuals whose efforts made them excel in specialized fields of science such as mathematics, physics, engineering, chemistry, biology, and computer science. The awardees are recognized for their potential contributions to industry and nation-building, and are selected on the basis of their academic and research performance and nomination from the school.