Scholarship Program.
SEC. 4. Scholarship Program. – This Act builds on the current Science and Technology Scholarships offered by the Department of Science and Technology (DOST), through its Science Education Institute (SEI), as provided for in Republic Act No. 7687, otherwise known as the “Science and Technology Scholarship Act of 1994”. It envisions a fast tracking of more science, technology, and engineering graduates by offering scholarships to deserving students in these courses in their third year of undergraduate study, based on their competitiveness and merit. It also offers additional incentives to attract the graduates of this scholarship program into teaching science, mathematics and technology courses in a public or private high school.
Eligibility.
SEC. 5. Eligibility. – The following are qualifications for the scholarship with teaching incentive. Applicants must:
(a) Be a Filipino citizen;
(b) Be a regular third-year college student at the time of award;
(c) Be currently enrolled in any of the state universities or colleges, or in private universities, especially in Commission on Higher Education (CHED)-compliant programs, under any of the identified priority S&T courses;
(d) Have a general weighted average (GWA) of eighty-three percent (83%) or better during their first and second year of college; and
(e) Qualify in the Junior-Level Science Scholarship Examination.
Award Amounts.
SEC. 6. Award Amounts. – Recipients are entitled to an annual award for full-time study equal to the complete financial assistance package offered under Republic Act No. 7687, for students attending an approved undergraduate program at quality schools, such as CHED-compliant programs and DOST Network Institutions, public or private, with minimum slots awarded in private schools to offset differences in tuition costs.
Duration.
SEC. 7. Duration. – Recipients shall be entitled to an award for the last two (2) years of undergraduate study, or the last three (3) years for those enrolled in five (5)-year courses such as engineering, while matriculating in an approved program.
Approved Courses and Priority Programs.
SEC. 8. Approved Courses and Priority Programs. – Recipients shall pursue degrees in science, technology and engineering, as identified and approved by the DOST as priority S&T courses. Applicants who are currently enrolled under such courses under the CHED-compliant programs will be given priority.
Terms and Conditions.
SEC. 9. Terms and Conditions. – Applicants for the scholarships must execute a service contract in which they:
(a) Agree to teach as their return of service (ROS);
(b) Agree to any of the approved ROS conditions; and
(c) Agree to repay the amounts disbursed plus interest pursuant to the terms of their service contract.
Failure to comply with the terms of the service contract will result in the full repayment (plus penalties, if applicable) of all award monies received within a specified time, limit.
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
