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Financial Aid Proposal for Students

The document proposes a project called "2 COOL FOR SCHOOL" at Saint Louis College High School. It aims to provide a weekly allowance of 550 PHP to 5 students suffering from financial difficulties, in order to help them focus on their studies rather than financial problems. Funds will come from collecting 5 PHP from each of the school's 1375 students. The project expects to assist students and parents, and help recipients graduate with honors, while teaching values of sharing and community support.

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0% found this document useful (0 votes)
1K views9 pages

Financial Aid Proposal for Students

The document proposes a project called "2 COOL FOR SCHOOL" at Saint Louis College High School. It aims to provide a weekly allowance of 550 PHP to 5 students suffering from financial difficulties, in order to help them focus on their studies rather than financial problems. Funds will come from collecting 5 PHP from each of the school's 1375 students. The project expects to assist students and parents, and help recipients graduate with honors, while teaching values of sharing and community support.

Uploaded by

ayenickorairu
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Identifying Information
  • Project Background and Rationale
  • School Description
  • Objectives
  • Components and Activities
  • Expected Output
  • Beneficiaries/Recipients
  • Project Implementation Schedule
  • Budgetary Requirements
  • Project Management
  • Project Monitoring and Evaluation

PROJECT PROPOSAL

I. IDENTIFYING INFORMATION:

Project Title : 2 COOL FOR SCHOOL

Project Site : SAINT LOUIS COLLEGE HIGH SCHOOL


CITY OF SAN FERNANDO, LA UNION

Project Proponent : CENTRAL STUDENT COUNCIL, SAINT LOUIS


COLLEGE JUNIOR HIGH SCHOOL

Thru:
JAZTINE EVON A. PALABAY
CSC Over-all Chairperson
Junior High School
Saint Louis College
City of San Fernando, La Union

MRS. MARICAR G. RIMANDO


Assistant to the Principal for Student Affairs
(Junior High School)
Saint Louis College
City of San Fernando, La Union

MRS. FLORENCE SOBREMONTE


Assistant to the Principal for Academic Affairs
Saint Louis College
City of San Fernando, La Union

Total Cost of Project : Php 110, 000

II. PROJECT BACKGROUND AND RATIONALE


Financial difficulty means current or impending financial conditions that impair or may
impair the ability of a provider to meet existing or future obligations. It can also be a situation
where money worries are causing you stress. Many people are facing hard financial times and the
impact on mental health can be significant. These problems can seem impossible to overcome,
but you can get help and take steps to improve your situation.

If we associated financial difficulties with the students, that would pertain to the students
who are financially problematic and if the majority of the students are more focused on their
issues financially rather than their studies that would be a big problem.

Financial difficulties might be one of the major concerns of the students for many
different reasons; having no allowance is a great problem because that is what students need to
sustain at school. They need their allowance for their food, fare, projects and their other
necessities that they would need to school. Financial difficulty is not concerning only the
students but most especially the parents.

If the students can't comply with his need while studying that might affect his studies
negatively. A student can't focus on his studies if he is worried about something else. Students
with financial difficulties will not just sit there and do nothing; they tend to do things that would
aid them in their problem, for example, resorting to applying for part-time jobs and selling some
of their valuables. Not only can financial difficulties affect students in their studies but it can also
affect their health and relationship with others and that includes worrying a lot or feeling anxious
over money, arguing with loved ones over money, headaches, feeling unwell, difficulty sleeping,
etc.

Presuming that students will carry this problem while studying college it would trouble
them a lot because many students accumulate debt before they realize what's happening, and it
may be difficult to start digging your way out of debt once you graduate. According to the
Institute for College Access & Success, debt levels for students pursuing a degree in 2016 ranged
from a low of $4,600 (Php 232,668) to a high of $59,100 (Php 2,989,278). That debt can lead to
financial problems that follow students for years–even decades–after graduation.

The population of persons of school-going age who were not in school dropped to 3.6
million in 2017 from 3.8 million a year earlier, the Philippine Statistics Authority (PSA) said.
The survey of out-of-school children and youth (OSCY) determined that the population in 2017
represents 9.1% of the 39.2 million Filipinos aged 6 to 24 years old, according to the PSA’s 2017
Annual Poverty Indicators Survey (APIS). In 2016, the equivalent percentage was 9.8%. The
PSA defines the OSCY category as those in the 6-14 age groups who are not receiving formal
schooling, and those in the 15-24 bracket who are currently out of school, have not completed
post-secondary education and are not gainfully employed. By age group, 83.1% of the 3.6
million OSCYs were 16-24 years old; 11.2% were 12-15, and 5.7% were 6-11. The proportion of
OSCYs was higher among females (63.3%) than males (36.7%). The most common reasons cited
for not attending school were marriage or family matters (37%); lack of personal interest
(24.7%); and high cost of education or financial concerns (17.9%). The PSA said around 50% of
OSCYs belong to families whose incomes were in the bottom 30% on a per capita basis.

No one can escape from the ferocity of financial difficulty, including the student from
Saint Louis College, we can see the effects of the financial difficulties whenever there are
accounts that need to be settled for examination, collecting money for the photocopy and class
funds, death aids, for the projects and performance tasks and other matters that need to be paid
that sometimes there's nothing left for them.

Since the government are the parens patriae, they need to take good care and love every
Filipinos and they didn’t fail when the President Duterte signed the Educational Service
Contracting (ESC) a program provided for by Republic Act 8545, or the “Expanded Government
Assistance to Students and Teachers in Private Education, or GASTPE. Its main objective is to
decongest public secondary schools by “contracting” the excess capacities of private high
schools through the provision of subsidies for students who, otherwise, would have gone to the
public high schools. The ESC aided the students’ tuition fee to be lessened, in Saint Louis
College, the students of junior high school department gets lessened by Php 8,000.

The school, Saint Louis College, would like to lend a helping hand to the students who
are worrying about their financial problems by providing them the allowance that they would
need for their necessities in school, for example, their snacks and lunch, their fare, and for the
materials that they need. The junior high school department is composed of 1, 375 students and
the Central Student Council would collect a total of five pesos from every student for the fund of
the council; the three pesos will go to the other projects of the council and the remaining 2 pesos
will be collected for the allowance for the students that would inquire for our project, 2 COOL
FOR SCHOOL. For the whole week of school we would accumulate Php 2,750 for the
allowance of 5 scholars and each scholar would receive Php 550 each.

Saint Louis College doesn’t only focus on the students' academic development; they aim
to the holistic growth of the children who are under their care. They wanted the students to
acquire the core values of the school that will serve as a guide for them not only to be good but a
better person and that is why it is known to be the best school to provide a standard education in
the province of La Union.

The Central Student Council would like to commence 2 COOL FOR SCHOOL for the
main reason to aid the students in their financial problems to help them cope and focus to their
studies to be able to showcase their talents and be able to give their best especially in the
academic field. The project would also teach the students the meaning of bayanihan and the
beauty of sharing.

III. THE SCHOOL DESCRIPTION


Saint Louis College is a Catholic academic institution situated at Barangay Carlatan, City
of San Fernando, La Union. Founded in 1964 by CICM missionaries, it holds its name up high as
the “Beacon of Wisdom in the North.”

Aiming to nurture True Christian Living, Relevant Academic Excellence, Active Social
Involvement, and Committed Professional Leadership into its population, Louisians, as the
school calls them, had shown meritorious achievements in various competitions in local,
national, and international levels over the years – a proof of excellence.

To date, the school has the highest population of Senior High for private schools in
Region 1, and is PAASCU Level II Re – accredited and ISO certified. As a result, many schools
look up to it and perform benchmarking on this technology-oriented, democratic Beacon of
Wisdom in the North.

V. OBJECTIVES
This project, 2 COOL FOR SCHOOL aims to:

1. Aid five (5) students who suffer from financial difficulties by providing a weekly
allowance of Php 550
2. Help the students to focus more on their studies than their financial problems
3. Prevent the students apply for part-time jobs
4. Lend a helping hand to the parents to provide an allowance for their child
5. Teach the students the value of sharing
6. Teach the students the definition of bayanihan

VI. EXPECTED OUTPUT


After the completion of this project and at the start of its operation, the project will be
able to assist the parents in providing for their children and help the students to focus more on
their studies and to worry less to their allowance that they would need in school.

Further, the following expected outputs of the project are described specifically:

1. The students will be graduating with, with high, or with highest honor
2. The Educational Service Contracting (ESC) will continue to develop
3. Assistance in providing the allowance
4. Providing scholarships for the athletes

VII. COMPONENTS AND ACTIVITIES


COMPONENTS ACTIVITIES

A. Registration

- The parents of the interested students should


1. Inquiring of the parents of the students be the one to inquire to the Guidance
Counselor Office for availing the scholarship.
- The parents should be with their child during
2. Filling-up the form the filling-up of form for the possible
interview for the both of them.
- The forms of the family will be reviewed
B. Verification and the student that is qualified will get the
scholarship.
- The collection of the 5 pesos for the funds
C. Collection will be done every week by the Over-all
Finance Chairman.
- Project Moderator
D. Management - Project Familiarization
- Project Announcements

VIII. BENEFICIARIES/ RECIPIENTS


The direct recipient of the project are the junior high school students of Saint Louis
College, especially those students who are financially struggling and facing financial difficulties;
they will be considered as a scholar provided with an allowance of Php 550 weekly from the
fund that will be collected from the students.

The second recipient of the project are the parents who the students who will be chosen to
a scholar by the school; they parents do not need to worry about the allowance of their child in
going to school.

VIII. PROJECT IMPLEMENTATION SCHEDULE


Activity Time Frame: June 2020 – May Expected Output
2021
J J A S O N D J F MA M
1. Inquiring and Application of - Students should be with
Parents of the Interested their parents during the
Students application.
- All the interested
applicants should have
2. The Deadline of All the passed their complete
Forms for the Application forms and requirements.
for the Scholarship Any forms after the
deadlines will not be
valid.
3. An Interview for Both of the - To see if the applicants
Parents with their Child were qualified, they
need to undergo to an
interview with the
Guidance Counselors.

4. Deliberation between the - They will decide who


Department Heads, among the applicants
Guidance Counselors and will be the five scholars
the Principal for the scholarship.
5. The Collection of Funds care - All students of the
of the Over-all Finance Junior High
Chairman Department will pay 5
pesos during the fund
collection.
- The scholars would
6. Meeting with the Scholars receive their respective
allowance.

IX. BUDGETARY REQUIREMENTS

FINANCING
PARTICULARS BUDGET REQUESTED AGENCY

Allowance of the chosen five Php 550 for each scholar Students from the Junior High
(5) scholars School Department
Total: Php 110, 000

XII. PROJECT MANAGEMENT


The project will be headed by the Over-all Educational Chairperson of the Junior High
Department, who will be supervised by the Assistant to the Principal for Academic Affairs and
the Assistant to the Principal for Student’s Affairs and will be assisted by the Over-all Finance
Chairperson and the Over-all Educational Chairperson.

The CSC Over-all Finance Chairperson will be managing the collection of funds for the
allowance of the scholars by collecting 5 pesos for the fund and separate the money for the
projects of the CSC and the allowance for the scholars.
XIII. PROJECT MONITORING AND EVALUATION
The CSC Over-all Finance Chairperson will be responsible for the collection of funds for
the council and will also be responsible for the allowance of the scholars while the Over-all
Educational Chairperson will be the one to check the academic performance of the student who
was given the said allowance if he complied to the guidelines given and then the CSC Over-all
Chairperson will countercheck the funds and the grades from the CSC officers and will make an
announcement through posting on the school’s bulletin board about the progress and
development of the projects.

Prepared by:

Name and Signature: JAZTINE EVON A. PALABAY


Designation: Central Student Council Over-All Chairperson
Contact No: 09774598851

Name and Signature: IANNE NICOLE P. TORRES


Designation: Central Student Council Educational Chairperson
Contact No: 09771276701

Name and Signature: ALAINE CATHERINE S. LOPEZ


Designation: Central Student Council Liturgical Chairperson
Contact No: 09120622051

Name and Signature: JAZTICE B. ANCHETA


Designation: Central Student Council Finance Chairperson
Contact No: 09952082907

Name and Signature: LEILA JULIENNE P. ESTOLAS


Designation: Central Student Council Peace and Harmony Chairperson
Contact No: 09771283674
Noted by:

Name and Signature: MRS. MARICAR G. RIMANDO


Designation: Assistant to the Principal for Student Affairs (Junior High
School)
Contact No. 09778796455
Name and Signature: MRS. FLORENCE SOBREMONTE
Designation: Assistant to the Principal for Academic Affairs
Contact No. 09186562229

Recommending Approval:
MR. DANILO D. ROMERO
Principal
Basic Education Schools
Saint Louis College
City of San Fernando, La Union

Common questions

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Saint Louis College has initiated the "2 COOL FOR SCHOOL" project to provide financial aid to students through weekly allowances. This helps students focus on their studies rather than financial issues . Additionally, students are taught the value of bayanihan and sharing, while the project also assists parents in providing for their children .

Parents are crucial as they initiate the inquiry process and participate in the application and verification stages with their children. Their involvement in form completion and interviews helps ensure eligibility criteria are met for their children's participation in the project .

The process involves parents inquiring and applying at the Guidance Counselor Office, followed by verification of applicants and interviews to determine eligibility. The Central Student Council manages fund collection and distribution, ensuring that selected scholars receive their allowances while meeting academic and conduct guidelines .

Barriers include marriage and family matters, lack of personal interest, and financial concerns, with a significant portion of OSCYs coming from low-income families. This limits educational accessibility and increases dropout rates, resulting in a loss of human capital and perpetuating socio-economic disparities .

Financial difficulties can significantly impact students' academic performance by causing them stress and distraction from studies, as they may focus more on financial issues rather than academics . This can also affect their mental health, leading to anxiety, arguments with loved ones, headaches, and sleep disturbances, which further disrupt their concentration and learning capabilities .

The program collects 5 pesos from each student weekly, with the majority going towards council projects and 2 pesos set aside for scholar allowances. The accumulated funds from these contributions are distributed among selected students as financial aid to support their schooling needs .

The "2 COOL FOR SCHOOL" project promotes holistic development by addressing financial worries that distract from education, thereby helping students focus on acing their studies and developing core values. It also instills social values such as bayanihan and sharing, encouraging active social involvement and character growth .

ESC plays a vital role by reducing the financial burden of tuition fees for students attending private schools, thereby enhancing access to quality education and relieving public school congestion. It is crucial in enabling students from lower-income families to receive education that might otherwise be unaffordable .

The project aims for participating students to graduate with honors by alleviating financial stress, supporting academic focus, and enhancing learning experiences. It also anticipates continuing development of the ESC program and providing scholarships for athletes, thus broadening educational and personal growth opportunities .

The ESC program provides subsidies to alleviate tuition fees for students who would otherwise attend public high schools, thus aiding in reducing financial burdens. At Saint Louis College, junior high school students benefit from a tuition fee reduction of Php 8,000, making education more accessible .

PROJECT PROPOSAL
I.  
IDENTIFYING INFORMATION:
Project Title              
:  2 COOL FOR SCHOOL
Project Site               
:
impact on mental health can be significant. These problems can seem impossible to overcome, 
but you can get help and take st
The survey of out-of-school children and youth (OSCY) determined that the population in 2017
represents 9.1% of the 39.2 mill
the Central Student Council would collect a total of five pesos from every student for the fund of
the council; the three pes
look up to it and perform benchmarking on this technology-oriented, democratic Beacon of
Wisdom in the North.
V. OBJECTIVES
T
2. Filling-up the form
- The parents should be with their child during
the  filling-up  of  form  for  the  possible
intervie
Parents with their Child
were  qualified,  they
need to undergo to an
interview  with  the
Guidance Counselors.
4. Deliberati
XIII. PROJECT MONITORING AND EVALUATION
The CSC Over-all Finance Chairperson will be responsible for the collection of funds
Name and Signature:
MRS. FLORENCE SOBREMONTE
Designation:
Assistant to the Principal for Academic Affairs
Contact No.
0918656

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