Update on DSWD Educational Cash Assistance Program for Students
DSWD EDUCATIONAL CASH ASSISTANCE – The Department of Social Welfare and Development gave an update regarding the program.
A week prior to the start of a new academic year in elementary and high school institutions in the Philippines, the Department of Social Welfare and Development (DSWD) launched a program for indigent students. The DSWD Educational Cash Assistance program aims to provide financial assistance to elementary, high school, college, and vocational students.
The educational assistance are set to be released for six (6) Saturdays. The approved applicants may get between P1,000 to P4,000 depending on the student’s grade level. Here are the amounts that the beneficiaries may receive:
- Elementary Student Beneficiaries – P1,000
- High School Student Beneficiaries
- Junior High School Students – P2,000
- Senior High School Students – P3,000
- College and Vocational Student Beneficiaries – P4,000
The Department of Social Welfare and Development (DSWD) collaborated with the local government units (LGUs) following huge crowd of applicants on the first day of releasing in the different regions. The applicants were advised to apply online as online platforms were set for the applications for the educational cash aid.
Initially, the budget set for the program was at P500 million. It tripled to P1.5 billion with a target of 400,000 beneficiaries of the DSWD Educational Cash Assistance.
Based on a report on CNN, the government agency has surpassed the target beneficiaries for DSWD Educational Cash Assistance. It has already released cash aid to 414,482 students as of September 17, 2022. More than P1 billion of its budget have been released as financial assistance to elementary, high school, college, and vocational students.
According to the agency, there is a possibility of extending the releasing of the cash assistance depending on the budget. They are set to prioritize the beneficiaries with no internet access in case it would be extended.
You may also read: DSWD Educational Cash Aid: Will the Agency Reopen the Online Application?