Philstar
DBP allocates P510 milllion for education program
The Development Bank of the Philippines (DBP) has launched a P510 million program called DBP Inspire to enhance educational access through scholarships and school facility upgrades over five years.
A significant portion, P437.5 million, will be allocated for scholarships to cover tuition, living expenses, and study materials for financially challenged students.
The program aims to benefit at least 350 students in its first year.
An additional P72.5 million will be used to improve classrooms and equipment in 150 public schools, aligning with the Department of Education's Adopt-a-School and Brigada Eskwela initiatives.
DBP has partnered with nine educational institutions for the implementation of DBP Inspire.
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