UNITED NEWS INTERNATIONAL (UNI) — The Philippine House Appropriations Committee has located P16 billion to pay for the new free college tuition law.
Committee chair Karlo Nograles said on Aug. 9 that the money would come from scholarship funds from various government agencies.
He also said that if additional funds are needed, they can be taken from under-performing or under-spending government agencies.
The Universal Access to Quality Tertiary Education Act promises free education at all state and local universities and colleges as well as government run vocational schools.
Nograles said 114 state schools, 16 local and 122 vocational schools would benefit from the law.
Interaksyon reports the Commission on Higher Education has estimated the law will require P30 billion per year to cover all students.
Nograles said the rules and regulations for implementing the law will be worked out within 15 days.