A one-time college education subsidy will be given by the Department of Labor and Employment together with the Commission on Higher Education (CHED) to the children of deceased or displaced Overseas Filipino Workers (OFW).
In the latest statement released by Labor Secretary Silvestre Bello III, he confirmed that DOLE already signed a memorandum of agreement between the Unified Student Financial Assistance System for Tertiary Education (UniFAST) and CHED on the release of the 1-billion cash grant to be rolled this year.
With this cash assistance, it is expected that 30,000 college students will benefit from it. They can either be dependents of displaced, repatriated, or deceased OFWs.
The education subsidy is known as “Tabang OFW”, is a program of the government which is entitled to assist college-level OFW dependents. They will be receiving P30,000 to help with their education needs.
Under the said agreement, the labor department will release circulars, guidelines, or orders for the effective implementation which includes the proper use of funds, submission of reports as well as the adherence of the government’s auditing and accounting rules.
As for the CHED, they will release the funds to DOLE who will implement the program to those who are qualified children of OFWs. The UniFAST will be the one to assist the labor department in the dissemination of information and promotion of the program.
“We hope this will go a long way in helping our OFWs and their children in these most challenging times. By doing this, we also hope we can partly repay our modern-day heroes,” says Bello.