This program was established through Section 8 of Republic Act No. 8545, otherwise known as the Expanded Government Assistance to Students and Teachers in Private Education (GASTPE) Act. PESFA offers educational grants to qualified and deserving college freshmen both in degree and non-degree courses. The program seeks to:
Extend financial assistance to marginalized but deserving students in post-secondary non-degree courses;
Promote TVET;
Contribute to the development of a competent skilled workforce; and
Assist private institutions in their development efforts by assuring a steady supply of enrollees to their course offerings.
The PESFA directed the beneficiaries on the choices of careers to the critical skills requirements of in-demand jobs in the labor market. It also allows for equity distribution of the opportunities made available through government subsidies.
Qualification Beneficiaries:
The target beneficiaries of the PESFA shall have the following qualifications:
Must have completed at least 10 years of basic education;
A Filipino Citizen of at least fifteen (15) years old at the start of the training;
Have an annual family income of not more than P300,000.00.
Benefits:
The target beneficiaries of the PESFA shall have the following benefits:
Free training fee;
Free assessment fee; and
Receive allowance after the training and assessment.
This program provides immediate interventions to meet the need for highly critical skills. The program has two-fold objectives:
To purposively drive TVET provision to available jobs through incentives and appropriate training programs that are directly connected to existing jobs for immediate employment, both locally and overseas,
To build and strengthen the capacity and capability of TVET institutions in expanding and improving the delivery of quality, efficient and relevant training programs that meet job requirements, including programs for higher levels of technology.
The program was launched in May 2006 with funding from the Office of the President and mainstreamed in the regular budget in 2008. This program is a response to the clamor of industry to address the critical skills shortages in priority sectors, particularly the Business Process Outsourcing, metals and engineering, construction and tourism, among others.
Qualification Beneficiaries:
The target beneficiaries of the PESFA shall have the following qualifications:
Must have completed at least 10 years of basic education;
A Filipino Citizen of at least fifteen (15) years old at the start of the training;
Have an annual family income of not more than P300,000.00.
Benefits:
The target beneficiaries of the TWSP shall have the following benefits:
Free training fee; and
Free assessment fee.