Saturday, July 22, 2006

CHED Releases P1.94 M. Support Fund to ASU

The Commission on Higher Education (CHED) released the amount of one million nine hundred seventy four thousand two hundred eighty pesos (P1,974,280.00) to the Aklan State University as Tuition Fee Support Fund for the School Year 2006-2007.
The said allotment of fund took effect after the signing of the Memorandum of Agreement (MOA) last June 6, 2006, between the Commission on Higher Education (CHED), represented by its Chairman, Dr. Carlito S. Puno and the Aklan State University represented by its President, Dr. Benny A. Palma.
The CHED, recognizes the need to provide additional financial support to the ASU Banga to compensate for the non-increase in tuition and other fees for the present School year. Part of the amount will also be used for the University to upgrade its institutional capability as well as sustain the development efforts towards meeting the challenges of producing the required manpower resources needed for accelerated national development.
CHED is mandated to promote affordable, quality and relevant higher education that is accessible to all, to ensure academic freedom and promote its exercise and observance for the continuing intellectual growth, advancement of learning and research, development of responsible and effective leadership, education of high and middle level professionals and the enrichment of our historical and cultural heritage in the Philippines.
According to Dr. Benny Palma, the said fund will help ensure that the ASU can continuously offer affordable education to deserving students without sacrificing quality. /MP mailto:madyaas_pen@yahoo.com

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