The Fund for Assistance to Private Education (FAPE) is a perpetual trust fund for private education created by E.O. 156 S. 1968 and amended by E.O. 150 S. 1994.
FAPE was created on November 5, 1968 by Executive Order No. 156, in implementation of the project agreement between the Philippine and United States governments to establish a permanent trust fund that would address the needs of the private education sector in the country.
In the 1960s, the Coordinating Council of Private Educational Associations, or COCOPEA, campaigned for a share in the Special Education Fund, which was from the surplus funds authorized by the War Damage Act of 1962. The private education sector successfully convinced the Philippine government that it has an important role to play in nation-building such that it not only deserved but also needed to be assisted financially.
The trustee of FAPE is the Private Education Assistance Committee (PEAC), which is headed by the Secretary of Education as its chairman. PEAC is also composed of representatives from the National Economic Development Authority (NEDA); Catholic Educational Association of the Philippines (CEAP); Association of Christian Schools, Colleges, and Universities (ACSCU); and the Philippine Association of Colleges and Universities (PACU).
Through the years, the management of the Fund has evolved to cover other programs of assistance to the private education sector and with it an organization that helps the PEAC. Recently renamed the PEAC National Secretariat (so as not to confuse with the trust fund), the organization, as directed by the PEAC, manages and develops programs of assistance to private education and participates in initiatives affecting the sector. Presently, it manages the Education Service Contracting, Teacher Salary Subsidy, and Senior High School Voucher Program components of the GASTPE Program of the Department of Education, the In-Service Training Program, and the Research Program, among others.
References
PEAC Website
External links
PEAC Website
June 01, 2023
fund, assistance, private, education, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, schol. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Fund for Assistance to Private Education news newspapers books scholar JSTOR July 2009 Learn how and when to remove this template message The Fund for Assistance to Private Education FAPE is a perpetual trust fund for private education created by E O 156 S 1968 and amended by E O 150 S 1994 FAPE was created on November 5 1968 by Executive Order No 156 in implementation of the project agreement between the Philippine and United States governments to establish a permanent trust fund that would address the needs of the private education sector in the country In the 1960s the Coordinating Council of Private Educational Associations or COCOPEA campaigned for a share in the Special Education Fund which was from the surplus funds authorized by the War Damage Act of 1962 The private education sector successfully convinced the Philippine government that it has an important role to play in nation building such that it not only deserved but also needed to be assisted financially The trustee of FAPE is the Private Education Assistance Committee PEAC which is headed by the Secretary of Education as its chairman PEAC is also composed of representatives from the National Economic Development Authority NEDA Catholic Educational Association of the Philippines CEAP Association of Christian Schools Colleges and Universities ACSCU and the Philippine Association of Colleges and Universities PACU Through the years the management of the Fund has evolved to cover other programs of assistance to the private education sector and with it an organization that helps the PEAC Recently renamed the PEAC National Secretariat so as not to confuse with the trust fund the organization as directed by the PEAC manages and develops programs of assistance to private education and participates in initiatives affecting the sector Presently it manages the Education Service Contracting Teacher Salary Subsidy and Senior High School Voucher Program components of the GASTPE Program of the Department of Education the In Service Training Program and the Research Program among others References EditPEAC WebsiteExternal links EditPEAC Website Retrieved from https en wikipedia org w index php title Fund for Assistance to Private Education amp oldid 1138129819, wikipedia, wiki, book, books, library,
