CHEd scholarship applications on hold due to budget lack | Inquirer News

CHEd scholarship applications on hold due to budget lack

/ 05:20 AM March 04, 2022

INQUIRER FILE PHOTO

MANILA, Philippines — The Commission on Higher Education (CHEd) has suspended freshman applications for its scholarship program, citing “budget inadequacy.”

Although the education sector received the biggest share—P788.52 billion—in the P5.02-trillion national budget for 2022, CHEd got only 4 percent of the allocation while the Department of Education obtained the majority at 80 percent.

ADVERTISEMENT

CHEd’s share under the 2022 General Appropriations Act (GAA) is only around P31.68 billion—P18.83 billion lower than the P50.51-billion budget it received last year.

FEATURED STORIES

Inadequacy

In a memorandum dated February 21, CHEd Chair Prospero de Vera III said it would temporarily close applications for the CHEd Scholarship Program (CSP) for the academic year 2022-2023.

“The suspension is an offshoot of budget inadequacy in the commission’s (fiscal year) 2022 budget for the [Students Financial Assistance Program],” the commission said in an advisory on Thursday.

According to CHED’s Memorandum Order No. 08, series of 2019, the CSP is intended for the underprivileged and the homeless, persons with disabilities (PWDs), solo parents and their dependents, senior citizens, and indigenous people.

The program extends financial assistance covering tuition and other school fees, including the stipend given directly to the scholars or through the higher education institutions (HEIs) where they are enrolled.

Full scholarship for students in private HEIs and state universities and colleges (SUCs) amounts to P120,000 and P80,000 per year, respectively. Half scholarship offers annual financial assistance of P60,000 for scholars enrolled in private HEIs, and P40,000 for those in SUCs.

During a House briefing in August 2021, De Vera said the commission initially proposed a budget of P62.3 billion for 2022.

ADVERTISEMENT

Meanwhile, an attached agency of the commission—the chief implementer of the free higher education and tertiary education subsidy program—posted a 99.67-percent overall budget utilization rate of its continuing fiscal year 2020 allotment, CHEd announced on Wednesday.

The allotment for the Unified Student Financial Assistance System for Tertiary Education funds the implementation of programs under Republic Act No. 10931, or the Universal Access to Quality Tertiary Education Act.

RELATED STORY

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

CHED: No new scholarships to be granted this year due to budget constraints

TAGS: budget, Education, scholarship

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.