Monday, October 17, 2005

CHED Grants CSC P1M Development
Assistance Fund

The Commission on Higher Education (CHED), through its Higher Education Development Program, granted the Catanduanes State Colleges (CSC) one million pesos to support its resource generating programs and projects.The cheque was formally turned over by CHED Acting Chairman Carlito Puno to the CSC through its President,
Dr. Asuncion V. Asetre, during the consultative conference of State Universities and Colleges (SUC) Presidents at Bayview Hotel in Manila on August 4, 2005.

Dr. Asetre stated that the CSC is lucky to be one of the very few and privileged SUCs in the country to have received a P1 million grant from CHED to be used for funding a techno driven anti-poverty project. Out of 112 state universities and colleges in the country, only 15 received said grant which was based on the merits of feasibility studies submitted by higher education institutions.

The CSC President looks forward that the funding support, which will be utilized for an income generating project, will beef up the financial resources of the CSC, adding that more income would mean more classrooms, more instructional equipment, and better facilities. “Increased revenues could be channelled to support development projects in our institution as well as fund students and employees’ welfare projects. This is one proof that we are definitely pursuing innovative ways of generating funds for the operation of our institution”, the President added.