UA&P established the Phoenix Scholarship Endowment (PSE) in November 2023. PSE is meant to help scholars with financial needs by financing tuition and fees of UA&P Financial Assistance (FA) scholars. It can also finance the stipend, board and lodging allowance, and book allowance. Aside from FA scholars, Merit Scholars who are in serious financial need (e.g., due to grave sickness or death of breadwinner; major loss of property; and other financial reversals) can also be PSE beneficiaries. Both individuals and companies can donate any amount for the PSE. The PSE is managed by the Fund Development Office (FDO) in coordination with the Admissions Office (ADM).