Monday, June 13, 2016

CHED allots PHP5.7-B to fund over 200,000 scholarship grants

MANILA -- The Commission on Higher Education (CHED) has programmed close to 280,000 Student Financial Assistance Programs (StuFAPs) slots amounting to more than PHP5.7 billion for academic year 2016-2017.

CHED StuFAPs support deserving students enrolled in public and private HEIs. A large portion of these funds will go to more than 40,000 poorest of the poor students enrolled in State Universities and Colleges (SUCs) under the Expanded Student Grants-in-Aid Program for Poverty Alleviation (ESGP-PA).

These students belong to families identified by the Department of Social Welfare and Development (DSWD) under the Pantawid Pamilyang Pilipino Program (4Ps).

In 2015, the Commission worked on the passage of Republic Act No. 10687 or the “Unified Student Financial Assistance System for Tertiary Education (UniFAST)” Act, a landmark social legislation penned into law by President Benigno S. Aquino III on Oct. 15, 2015.

The UniFAST rationalizes the allocation, utilization and client-targeting of government resources and improves access to quality higher and technical education for those who need it.

It also serves as the ultimate national human resource development mechanism and strategy that will direct beneficiaries to priority degree programs needed for economic growth and development. (PNA)
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