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By Asia Education Review Team , Wednesday, 07 February 2024 05:03:22 PM

Philippines Allocates PHP 3.41 Billion for Tertiary Education

  • The Philippine Department of Budget and Management (DBM) has approved a substantial budget of PHP 3.41 billion to enhance the Universal Access to Quality Tertiary Education (UAQTE) Act. This unprecedented funding is intended to support around 74,262 learners, covering various educational expenses such as tuition, miscellaneous fees, accident insurance, provisions for trainees, internet allowance, starter tool kits, national assessment fees, and other school-related costs. To accelerate the implementation of the UAQTE Act, an early release of PHP 1.77 billion has been allocated for the first quarter of 2024. This proactive fund release underscores the government's dedication to promptly ensuring access to quality tertiary education for all.

    The UAQTE Act represents a groundbreaking legislation providing eligible students with free tuition and exemption from additional fees in both state universities and colleges (SUCs) and local universities and colleges. This initiative plays a crucial role in removing financial barriers for students throughout the Philippines, ensuring they can pursue higher education without hindrance. The substantial financial backing of the UAQTE Act by the Philippine government reflects its unwavering dedication to developing the country's human capital. Prioritizing access to quality education, the government is actively fostering a more educated, skilled, and productive workforce, laying the foundation for the nation's future growth and development.

    In the Philippines, higher education is provided through diverse degree programs, referred to as "courses," offered by colleges and universities, collectively known as higher education institutions (HEIs). The Commission on Higher Education (CHED) oversees the administration and regulation of these HEIs. The enrollment figures for the academic year 2019-2020 revealed a total of 3,408,815 students in higher education, marking an increase of 457,620 from the 2010-2011 academic year, which had a student enrollment of 2,951,195.