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Monday, November 08, 2010

Capitol earmarks P6 M as educational subsidy
ENLIVENING the spirit of Bohol’s poor and yet deserving students, Capitol has found anew a way to help the financially challenged dreamers realize their dreams.
By institutionalizing a special college subsidy program, which it launched last November 4, 2010, Capitol has to earmarked P6M annually to fund the Bohol Educational Subsidy Program (BESP).
The program is for avail-ment by poor high school students who would have been stopped by circumstances top pursue their dreams for college due to poverty.
THE BESP can be considered an offshoot and younger sib to the President Carlos P. Garcia (CPG) Scholarship as it build on what the other could not totally serve.
The CPG scholarship was institutionalized in 1994 under the tandem of Gov. Rene Relampagos and Vice Gov. Edgar Chatto.
The new BESP however just started and opens the door wider for more slots available to high school graduates who can receive a semestral subsidy of P2,500 per student.
And just like CPG Scholarship, which is backed by a provincial ordinance, the BESP has and hopes to offer an alternative educational aid fund to students who may have failed the stringent screening for the CPG scholarship, Board member Cesar Tomas Lopez read on the program briefer.
The CPG scholarship gives beneficiaries some P5,000 for tuition fees, P400 to P600 monthly allowance, and a one time aid of P500 for books, Lopez said. 
CPG scholarship beneficiaries, numbering 141 students and currently enrolled in the different colleges and universities attended the launching of its twin financial educational support program, the BESP.
Designed as a financial support to families of high school graduates, Lopez said that the BESP’s P2,500 per semester is renewable so a lucky scholar can get as much as 5,000 a year. 
On this Capitol has earmarked P3 million per semester or P6M for a year, Gov. Edgar Chatto beamed.
We hope we can ease a bit the burden of families paying the full tuition fees, which does not come cheap, Bohol governor once said. (racPIABohol) 

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