The bill would create a loan program that gives Filipino college students up to ₱50,000 per semester (max ₱400,000) to cover living costs, with a 6 % interest rate and repayment starting a year after they finish school. The national government would set aside ₱10 billion a year for ten years as a guarantee, and local governments must contribute at least 2 % of their IRA to back the loans.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB06651. Status changes over time; check the link for the latest.
HB06651 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.