RATIONALE

Republic Act (RA) No. 11524, otherwise known as the Coconut Farmers and Industry Trust Fund (CFITF) Act was enacted to manage and utilize the CFITF pursuant to a Development Plan, with an objective, among others, to provide a scholarship program for coconut farmers and their families which will be implemented by the Commission on Higher Education (CHED) in coordination with the Philippine Coconut Authority (PСА).


POLICY STATEMENT

Pursuant to RA 11524, it is hereby declared the policy of the State to consolidate the benefits due to coconut farmers, especially the poor and marginalized, under various statutes and to expedite the delivery thereof to attain increased incomes for coconut farmers, alleviate poverty, and achieve social equality. The CHED has the mandate to provide financial assistance through scholarships toqualified and deserving students in harmony with the benefits or financial assistance under RA 10931, "Universal Access to Quality Tertiary Education Act."


OBJECTIVES

The scholarship program aims to raise social equity of coconut farmers and ultimately alleviate poverty through the provision of quality education to coconut farmers and/or their dependents. Moreover, the scholarship program is ultimately expected to improve agricultural productivity and modernization in the coconut industry by raising the knowledge of coconut farmers and/or their dependents on scientific advances in agricultural technology and other related fields and motivate the younger generation to be engaged in the agriculture sector. 


COVERAGE

The scholarship program shall be accessible to qualified and deserving coconut farmers and their families duly registered under the National Coconut Farmers Registry System (NCFRS). The program shall cover undergraduate students who will enroll or are currently enrolled in agriculture, agricultural engineering, agribusiness management, agricultural economics and other programs identified by the Philippine Coconut Authority.


ELIGIBILITY REQUIREMENTS


DOCUMENTARY REQUIREMENTS