Banga, Aklan – The Aklan State University through its President, Dr. Benny A. Palma received a scholarship grant worth P5 million from the Commission on Higher Education (CHED) through the Student Fund for Education for Scholarship (SAFE Scholarship)

The P3 million Scholarship Grant shall cater to poor but deserving 1st year tertiary education students this Academic Year 2008-2009 while the P2 million loan component will cater to financially needy students who are in their 3rd, 4th, 5th or graduating year of study.

This CHED scholarship program, aims to provide assistance to the financially needy but deserving college students, raise the number of grantees in CHED Priority Courses, raise and improve graduation rate at the tertiary level, thus, contributing to the stock of high-level manpower of the country.

As stated in Memorandum Order No. 07-213, s. 2008 issued by the University President, the loan/scholarship grant which is under the management of the Office of Student Affairs (OSA) of the University will be awarded to poor but deserving students on a pro rata basis based on enrolment in CHED priority courses and in accordance with the implementing guidelines as embodied in CHED Order No. 25 and 26, series of 2008 (Guidelines for the Implementation of the Student Assistance Fund for Education (SAFE) for Scholarship and Loan) as well as CHED Memorandum Order No. 4, series of 2004.

Moreover, it is stipulated in CHED Order No. 25 and 26 series of 2008 that scholarship grant may be used for tuition and other school fees, books and course projects, thesis writing, board and lodging, graduation fees, and other valid related educational expenses.