MANILA, PHILIPPINES – The Commission on Higher Education (CHED) has issued a memorandum that advises the temporary suspension of applications to CHED Scholarship Programs (CSPs) on February 21, 2022 “due to budget inadequacy.”
CHED Chairman J. Prospero De Vera III said in the memorandum that the Commission will temporarily postpone the application of its CHED Scholarship Program (CSP) for incoming freshman college students for Academic Year 2022–2023.
“This refers to the implementation of CMO No. 8, s. 2019 — “Policies and Guidelines for CHED Scholarship Programs (CSPs)” and CMO No. 11, s. 2021 — “Amendments to Section 6 and 12 of CMO No. 8, s. 2019” and In accordance with the budget appropriations under “Provision of assistance and incentives, scholarships and grants through StuFAPs” as stated in Republic Act (RA) 11639, otherwise known as the “General Appropriations Act of FY 2022″,” the Memorandum reads.
“Due to the budget inadequacy in the FY 2022 budget of CHED for StuFAPs, CHED will temporarily suspend the application to CHED Scholarship Program (CSP) for incoming first year college students for Academic Year (AY) 2022-2023,” it added.
The Student Financial Assistance Programs (StuFAPs) are one of the Commission on Higher Education’s major programs aimed at increasing the number of graduates from colleges and universities that offer programs critical to the development of a strong and vibrant Philippine economy.
The StuFAPs program is primarily a financial aid program for low-income but deserving students.