MANILA \u2013The House of Representatives approved on Monday night the Universal Access to Tertiary Education Act, a measure that provides free tuition in state universities and colleges (SUCs) and state-run technical vocational institutions (TVIs).<\/p>\n
The lower chamber passed House Bill 5633 with 221 lawmakers voting in favor of the bill, none voting against and none who abstained.<\/p>\n
Among the key provisions of the bill include full funding of SUCs with its proposed Php 38-billion budget, and another Php 21.6 billion for other expenses.<\/p>\n
Among others, the bill calls for sufficient funding for Technical Vocational Education and Training, or TVET, in TVIs run by TESDA with Php 6.7 billion.<\/p>\n
It also offers a Tertiary Education Subsidy of Php 15 billion, limited to Decile 1 to 5 students, for tuition and other expenses in accredited private universities and colleges, SUCs and TESDA-accredited TVIs.<\/p>\n
The measure aims to provide other mechanisms to increase the participation rate in tertiary education from all socio-economic classes; provide Filipinos with equal opportunities to quality education in both private and public educational institutions; give priority to academically able students from poor families; ensure optimized utilization of government resources in education; and recognize the complementary roles of public and private institutions in the tertiary educational system.<\/p>\n
Its other salient features include the National Student Loan Program with a Php 15-billion allocation, limited to Decile 1 to 8, for tuition and other expenses in accredited HEIs and SUCs.<\/p>\n
The loan is payable upon the beneficiary\u2019s gainful employment after graduation when his\/her gross income reaches the minimum critical threshold, and will be collected as additional percentage on top of his\/her SSS or GSIS premiums.<\/p>\n
<\/p>\n
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