The Commission on Higher Education (CHED), Department of Labor and Employment (DOLE), and the Unified Student Financial Assistance System for Tertiary Education (UNIFAST) signed a memorandum of agreement on Friday for the 1 billion scholarship fund to be rolled out this year.
The Tabang OFW is a program for the college level dependents of a repatriated, displaced, or deceased OFW. They will be entitled to recieve a 30,000 one time assistance to help augment their education expenses.
More than 30,000 college students dependents of OFWs that are repatriated, displaced, and deceased will benefit from this scholarship.
The CHED is said to release the funds to DOLE for the implementation of the educational assistance program to the qualified OFW children or dependents. Meanwhile, the DOLE will issue circulars and guidelines for the implementation of the program. While the UniFAST will assist in the promotion and information dissemination as well as aid in crafting the guidelines, coverage, and criteria on who can avail the subsidy under the Tabang OFW program.
Labor Secretary Silvestre Bello III said that the program is one of the governments initiative to help OFW and to reciprocate their contributions to the country.
” 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,” Bello said.Source: DOLE
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