PIA Press Release
Tuesday, January 31, 2012
DOLE releases funds for 983 SPES grantees in Bukidnonby Ruby Leonora R. Balistoy
MALAYBALAY CITY, Bukidnon, Jan. 31 (PIA) -- The Department of Labor and Employment (DOLE) has released the amount of P1.6 million for the Special Program for Employment of Students (SPES) in the province of Bukidnon.
DOLE Provincial Director Raul L. Valmores said the break down of funds released for the period of July to December 2011 are as follows: Malaybalay City LGU –200 grantees, P406,544; Mindanao Arts and Technological Institute –75 grantees, P152,454; Impasug-ong LGU –23 grantees, P39,744.00; and Bukidnon’s 1st congressional district –200 grantees, P406,544.
He said the release is ongoing for Valencia City with 365 recipients. Of this number, 300 were from Mountain View College alloted with P609,816; Valencia City LGU –50 recipients, P101,636; and IVA Technical College –15 grantees, P30,490.00.
Valmores also reported that the Philippine Computer College in Maramag, Bukidnon has 120 students who will be receiving a total of P243,926.
“The SPES aims to develop the intellectual capacities of children of poor families and harness their potentials for the country’s well-being,” Valmores said.
SPES is mandated under Republic Act No. 9547 otherwise known as “An act to help poor but deserving students pursue their education by encouraging their employment during summer and Christmas vacations through incentives granted to employers allowing them to pay only 60 percent of their salaries and wages, while the 40 percent will be paid by the government through education vouchers.”
The act prohibits and penalizes fraudulent filers and fictitious claimants. (PIA 10, Bukidnon)