Unlike honorific scholarships, private scholarships include monetary benefits whose extent is determined by the private donors. The rules governing each scholarship including the qualifications required of prospective awardees are subject to the approval of the University. 

Private scholarships are either university-administered or college-administered. In UP Manila, information regarding university-administered scholarships may be obtained from the Office of Student Affairs. Information regarding college- administered scholarships may be obtained from the office of the College Dean or Secretary.