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Trillanes pushes passage of bill granting loans to students

Posted On 2014 Apr 01
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President Benigno S. Aquino III delivers his speech during the 46th Commencement Exercises and 50th Founding Anniversary of the Philippine Science High School (PSHS) at the HS Main Campus, PSHS Multi-Purpose Gymnasium in Agham Road, Diliman, Quezon City on Wednesday (March 26, 2014).

President Benigno S. Aquino III delivers his speech during the 46th Commencement Exercises and 50th Founding Anniversary of the Philippine Science High School (PSHS) at the HS Main Campus, PSHS Multi-Purpose Gymnasium in Agham Road, Diliman, Quezon City on Wednesday (March 26, 2014).

MANILA (Mabuhay) – Sen. Antonio Trillanes on Monday pushed for the passage of a bill granting loan programs for poor but deserving students.

”With this measure, we look forward to helping a number of our students who are determined to finish their studies,” Trillanes said, referring to Senate Bill No. 637 he filed in August last year.

Trillanes said he is hoping SB 637, entitled ‘The Comprehensive Student Loan Program’, will be included as one of the priority bills at the resumption of the Senate session on May 5.

”In the end, it is our country that will benefit from having a learned and skilled citizenry. It is just right that we invest on them,” Trillanes said.

The proposed measure seeks to strengthen the educational assistance program of the Commission on Higher Education (CHED).

It also aims to create a Php 5 billion student loan fund to be administered by an Educational Loan Fund Authority under the CHED, according to Trillanes.

”It proposes to establish a comprehensive mechanism that would allow eligible students, who are financially incapable, to apply for loan to support their matriculation, school fees and other expenses needed for quality education,” he added.

Trilllanes said the bill is intended to fulfill the commitment and resolve of the State, as enshrined in the Constitution, to pursue the democratization of educational opportunities for every deserving citizen and promote social and economic development for every Filipino family.

”Despite the government’s efforts to provide quality and accessible education, a number of capable students are prevented from pursuing college degree due to their dire financial conditions,” he explained.

”There are existing government scholarship programs for these students but due to their limited scope and coverage, the results are still far from the government’s aim,” the lawmaker added.

Trillanes pushed for the passage of his bill as parents prepare financial needs of their children in another academic year this coming June. (MNS)

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