Legislative History
| House Bill/Resolution NO. House Bill No. 2622, 12th Congress of the Republic | |
| FULL TITLE : AN ACT PROVIDING FOR A STUDENT LOAN PROGRAM, ESTABLISHING THE STUDENT LOAN FUND TO BE ADMINISTERED BY THE LOCAL GOVERNMENT UNITS AND APPROPRIATING FUNDS THEREFOR | |
| ABSTRACT : The STUDENT LOAN proposed in this bill refers to the loan/financial assistance for the purpose of defraying the expenses of enrollment including but not limited to tuition, matriculation, laboratory, uniforms and other fees. > Each local governmentunit can operationalize this Student Loan Program by the passage of a local ordinance creating a Student Loan Fund to be administered jointly by their local school board and the local provincial, municipal or city treasurer. Thereafter, the local government shall apply for financing of this program from the DILG by the submission to the DILG of a copy of their local ordinance creating the Student Loan Fund and a feasibility of the operation of their student loan program. The Local School Boardmay allow the Local Government Units to utilize the Special Education Fund administered by the Local School Board to augment the funds to finance this Student Loan Program. > To avail of the Student Loan Program, a student applicant shall submit to t | |
| PRINCIPAL AUTHOR/S : PUENTEBELLA, MONICO O. | |
| DATE FILED : 2001-08-21 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Amin (017 ) | 2. Syjuco (062 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2001-08-27 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
The STUDENT LOAN proposed in this bill refers to the loan/financial assistance for the purpose of defraying the expenses of enrollment including but not limited to tuition, matriculation, laboratory, uniforms and other fees. > Each local governmentunit can operationalize this Student Loan Program by the passage of a local ordinance creating a Student Loan Fund to be administered jointly by their local school board and the local provincial, municipal or city treasurer. Thereafter, the local government shall apply for financing of this program from the DILG by the submission to the DILG of a copy of their local ordinance creating the Student Loan Fund and a feasibility of the operation of their student loan program. The Local School Boardmay allow the Local Government Units to utilize the Special Education Fund administered by the Local School Board to augment the funds to finance this Student Loan Program. > To avail of the Student Loan Program, a student applicant shall submit to t
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.