Ched releases P34M subsidy to students in Central Visayas

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THE Commission on Higher Education (Ched) has released P34 million worth of subsidy to 6,879 students enrolled in private higher education institutions (HEIs) in Central Visayas.

This initiative is part of Ched’s Bayanihan 2 for Higher Education Tulong Program (B2Help) under Republic Act 11494 or Bayanihan to Recover as One Act signed into law by President Rodrigo Duterte.

The law, as a response to the effects of the coronavirus disease 2019 (Covid-19), provides mechanisms to accelerate the recovery and boost the economy of the country.

Ched 7 has initially granted 5,042 student-grantees in private universities in the region, amounting to P25.2 million worth of financial assistance released.

According to the agency, Ched Chairperson J. Prospero E. De Vera III added P8.8 million worth of financial assistance to the amelioration program, benefiting an additional 1,837 students in Central Visayas.

De Vera said the program help students continue their college education.

B2Help provides a one-time fixed grant of P5,000 to qualified students whose families are facing difficulties due to closure of establishments and cessation of work as a result of the community quarantine.

It prioritizes students in private HEIs with outstanding unpaid tuition and miscellaneous fees incurred in the academic year 2019-2020 or 2020-2021.

Nationwide, Ched has released close to P300 million for B2Help, benefiting a total of 54,761 private school students from 927 private schools. (SunStar Cebu/From PR)