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Home News World News Asia Philippines

DBM Funds Filipino Tech Scholars P3.41B

Ivan Golden by Ivan Golden
3 months ago
in Philippines
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Philippines students at a Philips Electronics event. Photo by Earth Hour Global. Flickr.

Philippines students at a Philips Electronics event. Photo by Earth Hour Global. Flickr.

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Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman approved on 15 February 2023 a Special Allotment Release Order (SARO) amounting to P3.410 billion to the Department of Labor and Employment – Technical Education and Skills Development Authority (DOLE-TESDA) for the implementation of the Universal Access to Quality Tertiary Education (UAQTE) Act.

The SARO and its corresponding Notice of Cash Allocation (NCA) shall be used to cover the cost of tertiary education for all Filipino students enrolled in Technical Vocational Institutions registered under the TESDA.

 

Amenah F. Pangandaman, Sec. of Budget and Management. Photo by GOVPH.
Amenah F. Pangandaman, Sec. of Budget and Management. Photo by GOVPH.

Secretary Pangandaman said the timely release of funds is one of the government’s initiatives to empower Filipinos since the Marcos Jr. Administration puts a high premium on the education of Filipinos and human capital development.

To recall, President Ferdinand R. Marcos Jr. in his budget message said,

“We will upskill and reskill our labor force by implementing measures that support continuing education, digital learning, training and redeployment.”

 

Secretary Pangandaman said:

“The best investment for the youth of our country is education. Malaking tulong po ang Universal Access to Quality Tertiary Education sa ating mga mag-aaral. This will ensure that no Filipino student is left behind.”

The amount, which is chargeable against DOLE-TESDA’s regular budget under the 2023 General Appropriations Act (GAA), will cover the payment of tuition fees, miscellaneous fees, accident insurance, trainee provision, health/protective equipment, internet allowance, starter tool kits, national assessment fees and other school fees of beneficiaries for the year.

DOLE-TESDA has 54,783 target beneficiaries for the UAQTE program in FY 2023 which will be implemented through Diploma Programs nationwide.

 

Sources: THX News & PH Dept. of Management and Budget.

Tags: Filipino scollarsFilipino Tech ScholarsPhilippines educationPhilippines GovernmentSecretary Pangandaman
Ivan Golden

Ivan Golden

Ivan Golden is a global citizen, having lived in locations across the US, Philippines and UK. His career has been marked by success - starting as a Tennis Pro before he turned his talents to bookselling and fine art dealing.

Married with six children, he's passionate about providing them opportunities for learning through his news, travel and education platform THX News; designed to restore faith in journalism via objective reporting, careful checking of facts, and real reporting.

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