2K college students avail of financial aid

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A TOTAL of 2,236 college students in Central Visayas have availed of the Commission on Higher Education (Ched) 7’s Student Financial Assistance Programs (StuFAPs) for the academic year (AY) 2020-2021.

Melissa Castillote, person in charge of the Ched 7 scholarship office, made the report during a press conference on Thursday, May 20, 2021 as part of the Ched’s 27th founding anniversary celebration and first National Higher Education Day celebration from May 17 to 24, 2021.

She said 2,107 eligible students had availed of merit scholarships in the region, and there were 105 beneficiaries of grants-in-aid and 24 grantees of other StuFAPs.

These constitute a total funding of P41.7 million.

Among the government-funded modalities of the Commission’s StuFAPs are scholarships, grants-in-aid and student loans.

Based on the Ched’s website, a scholarship is a mode of financial support given to qualified students based on merit or talent and extraordinary academic performance, among others.

Grants-in-aid, on the other hand, require a minimum level of capacity from poor but qualified students so they could finish their college education.

Ched, however, announced that application for Ched merit-based scholarship programs for school year 2021-2022 is not yet open for incoming freshmen applicants.

Ched said its scholarship programs (CSPs) Online application portal will be implemented and available once receiving of applications will already be opened officially.

Aside from StuFAPs, Ched 7 reported that a total of 6,879 college students in the region had received a one-time grant of P5,000 financial assistance under the government’s Bayanihan 2 for Higher Education Tulong Program or B2Help.

Meanwhile, as part of its anniversary celebration, Ched 7 will hold its Higher Education Institutions Recognition, Local Universities and Colleges

Gawad Parangal, and Tertiary Education Subsidy (TES) ceremonial distribution on Saturday, May 22. (WBS)

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