Subsidies for private high school students get more funding: DepEd | ABS-CBN
ADVERTISEMENT

Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Subsidies for private high school students get more funding: DepEd
Jaehwa Bernardo,
ABS-CBN News
Published May 25, 2022 12:07 PM PHT

MANILA — The Department of Education (DepEd) has said funding increased for its subsidy programs catering to private high schools students, allowing more learners to avail of the cash aid.
MANILA — The Department of Education (DepEd) has said funding increased for its subsidy programs catering to private high schools students, allowing more learners to avail of the cash aid.
In a statement issued late Tuesday, the DepEd said the Department of Budget and Management approved a "substantial increase" in the 2023 budget for Government Assistance and Subsidies, which includes the Educational Service Contracting (ESC) and Senior High School Voucher (SHS VP) programs.
In a statement issued late Tuesday, the DepEd said the Department of Budget and Management approved a "substantial increase" in the 2023 budget for Government Assistance and Subsidies, which includes the Educational Service Contracting (ESC) and Senior High School Voucher (SHS VP) programs.
The ESC and SHS VP provide financial assistance to those entering junior and senior high school, respectively, in private schools.
The ESC and SHS VP provide financial assistance to those entering junior and senior high school, respectively, in private schools.
The voucher program got an approved budget of P39.33 billion, covering 1,132,155 beneficiaries for School Year 2023-2024, the DepEd said.
The voucher program got an approved budget of P39.33 billion, covering 1,132,155 beneficiaries for School Year 2023-2024, the DepEd said.
ADVERTISEMENT
Meanwhile, the ESC secured an P11.05-billion budget for 1,031,193 grantees.
Meanwhile, the ESC secured an P11.05-billion budget for 1,031,193 grantees.
"With this substantial increase... DepEd is now better equipped to fulfill its mandate to improve and expand access to quality education for junior and senior high schools," the agency said.
"With this substantial increase... DepEd is now better equipped to fulfill its mandate to improve and expand access to quality education for junior and senior high schools," the agency said.
"This is through aiding private education institutions by making payments to private schools on their billings filed and claimed in previous years," it added.
"This is through aiding private education institutions by making payments to private schools on their billings filed and claimed in previous years," it added.
The DepEd said it was also "financially capacitated to make full payments to concerned private schools within one budget year."
The DepEd said it was also "financially capacitated to make full payments to concerned private schools within one budget year."
FROM THE ARCHIVES
Read More:
education
ADVERTISEMENT
ADVERTISEMENT