LANDBANK President and CEO Cecilia C. Borromeo and CHED and UniFAST Governing Board Chairman J. Prospero de Vera III lead the signing of the Memorandum of Agreement for the Tertiary Education Subsidy (TES) Program. With them were (L-R) Association of Local Colleges and Universities (ALCU) Vice President Elena E. Presnedi, UniFAST OIC Executive Director Atty. Carmelita Yadao-Sison, and LANDBANK Branch Banking Sector OIC,Senior Vice President Ramon R. Monteloyola.
In line with its thrust of extending access to formal banking services, the Land Bank of the Philippines (LANDBANK) has partnered with the Commission on Higher Education (CHED) and the Unified Student Financial Assistance System for Tertiary Education (UniFAST) to provide efficient and convenient financial support to poor but deserving students.
LANDBANK President and CEO Cecilia C. Borromeo and CHED and UniFAST Governing Board Chairman J. Prospero de Vera III formally signed the Memorandum of Agreement (MOA) to co-implement the Tertiary Education Subsidy (TES) Program last December 27 at the Centro Escolar University in Manila.
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Under the TES Program, more than 400,000 student-grantees from public and private higher education institutions nationwide will be issued LANDBANK Cash Cards for their monthly stipends to cover expenses for supplies, transportation, room and board, and other personal and school needs.
The collaboration is aligned with LANDBANK’s continuous commitment to promote financial inclusion and widen access to banking facilities by reaching more underserved Filipinos all over the country.
“Through the use of our LANDBANK Cash Cards, students will enjoy the ease and convenience of receiving their monthly allowances via our automated teller machines (ATMs) and branches nearest them. More importantly, this ensures the safe and efficient delivery of their stipends for school needs and education-related expenses on time and without any delays,” President Borromeo said.
Student-beneficiaries under the TES Program will be able to access their allowances via LANDBANK’s network of 2,195 ATMs and 409 branches nationwide, as well as point-of-sale (POS) facilities.
In addition, student-beneficiaries are qualified to use LANDBANK’s phone banking and online banking facilities and services for easier and faster financial transactions.
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“Rest assured that we will do our share to make this Program successful. We are one with CHED and UniFAST in helping provide inclusive and quality education that will help shape the lives of the country’s future generations,” President Borromeo added.
LANDBANK will receive the list of student-beneficiaries from UniFAST, which includes beneficiaries under the ongoing Expanded Students’ Grant-in-Aid Program for Poverty Alleviation (ESGP-PA) and students belonging to poor or near-poor households based on the Listahanan 2.0 of the Department of Social Welfare and Development (DSWD), among others.
The TES Program forms part of the implementation of Republic Act 10931 or the Universal Access to Quality Tertiary Education Act.
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Ako po si Elizabeth Brillantes nagaaral po ng kolehiyo sa kursong Bachelor of Science in Customs Administration,nais ko pong magapply ng scholarship sa inyo sapagkat hirap din po kami sa financial at hindi po kinakaya ng aking mga magulang ang bayarin dahil driver po ang aking tatay at aking nanay naman po ay nasa bahay lamang ngunit sabi nga po nila na hindi handlang iyon upang di mo maabot ang iyong mga pangarap sa buhay.Nawa po makasama ako sa scholarship na meron kayo masiyado po kasing mabigat sa bulsa ang tuition fee namin Thankyou po Godbless!☺
Peace be upon you Sir/ Ma’am. It’s long been months ago i wait this opportunity . Alhamdulillah I’m here right now and leaving comment. If God choose me one of the CHED Scholarship I’ll say my dreams will become true Alhamdulillah. Because if I ever affiliate this CHED Scholarship Masha Allah I’ll say it’s the root of success in the future. May God bless us
Hi ma’am and sir here I am po still waiting the opportunity to get a scholarship po I leave a few message po if god will choose me to be a CHED Scholarship if I have a chance po to continue my dreams.. it’s been already a month and running a year of waiting to be part of it po😌
If will choose here as a scholar. It will be a very big help for me and for my family especially today that we are facing pandemic.
Good day Ma’am/Sir I am Krisha Honey Rose Orias and a 3rd year level in College. I am hoping na mapipili po ako sa beneficiaries nito, kinakailangan lang po talaga para maecontinue ko ang aking pag-aaral. Napakalaking tulong napo nito sa aking pag-aaral. Sana po ay mapili. Maraming salamat po.
I WOULD LIKE TO APPLY ON THIS LAND BANK SCHOLARSHIP. SO IT WELL HELP ME FOR MY UPCOMING COLLEGE. HOPE YOU’LL HELP ME. KAY LISOD SADT ME.
HOPE NGA DAKO NI OG TABANG.
Hi ma’am /sir it’s been a long time to wait this opportunity , sana Po mapili niyo Po ako Kasi kailamgan ko Po talagaa ito para sa pag aaral ko, dahil dalawa Po kami college na pinapaaral at ang sahod ng papa ko ay hindi Po siya dapat para sa aming lahat Kaya sana Po isa Po ako sa mapili niyo ,salamat po
I want to apply scholarships
Is it applicable for nursing course? Or for only students who are taking agriculture or fishing course?
Sana isa po ako sa inyong matulungan kailangan kulng po ng tulong ninyo pra sa pag aaral ko po at khit kunti lng mtulungan din ako pra sa aming thesis at pra my mgamit po ako sa pg aaral ko ksi hirap pag walang gamit sa school salamt po
I need it to support my studies
Hi good pm I’m shane Justine Gallardo I’m interested to this scholarship . I’m college student from west negros university 1 year . Big help po talaga if mapabilang ako sa mabibigyan po nang scholarship na ito dahil ngayong panahon mahirap po talagang mag ka pera at sana po matulongan nyo ako para ma less po yung babayran namen sa school at matapos kopo ito Godbless Thnkyou🙂
Hoping po na makasali sana makakuha ng scholarship para makabili na po ako ng pangarap kong laptop at para sa pang araw araw na financial assistance ko sa pag aaral ng koliheyo😌🙏🙏❣️
How to apply?
The application form or link is not included on the post
Good day ma’am/sir. I am jonare Erana. I am interested to apply this scholarship 🥰 .I’m Grade 12 HUMSS student po ako, actually graduating po ako ngayon .Gusto ko po kasing makatapos ng pag-aaral para sa Pamilya at makatulong sa iba ,farmer lang Yung papa at mama ko po. Sana matulungan niyo po ako 😊. Thank you so much po 😊❤️
Sana matulongan Ako dito.
Good day Maam/sir sana mapili po ako sa CHED SCHOLARSHIP.para maka pag patuloy po ako sa aking pag aaral. 1st year college pa po ako gusto ko pong maka tapos at maabut kopa po ang aking mga pangarap sa buhay.sana mapili nyo po ako
Good day ma’am/sir. Sana Maka abail Ako sa CHED SCHOLARSHIP para maabot po Aking pangarap s Buhay. At para Hindi na mahirap Ang Aking mga magulang sa pag hahanap Ng pang tuition ko . Thank you