A.

Funding of Public School

 Section 34. National Funds - public school shall continue
to be funded primarily from national funds

 Section 35. Financial Aid and Assistance to Public

Secondary Schools – the national government shall extend
financial aid and assistance to public secondary schools

 Section 36. Share of Local Government – Provinces, cities,

municipalities and barangays shall appropriate funds in
their annual budget for operations and maintenance of
public secondary schools
 Section 37. Special Education Fund – the proceeds of the
special education fund accruing local governments shall be
used exclusively for the purpose

 Section 38. Tuition and Other School Fees – secondary

and post secondary schools may charge tuition and other
school fees to improve facilities or to accommodate more
students

 Section 39. Income from Other Sources – Government

supported educational institution may receive grants,
legacies, donations and gifts for purposes allowed by
existing laws
B. Funding of Private Schools
 Section 40. Funding of Private School – Private school
maybe funded from their capital investments or equity
contributions, tuition fees and other school charges

 Section 41. Government Assistance – the government

may provide aid to the programs of private school in
the form scholarship or grants or loans
 Section 42. Tuition and other School Fees – Each private
school shall determine its rate of tuition and other school
fees and charges

 Section 43. Income from other Sources – any private

school duly recognize by the government may receive grant
and legacy, donation, gifts or device

 Section 44. Institutional Fund – like tuition fees, and other

school charges as well as other income of schools
C. Incentives to Education
 Section 45. Declaration of Policy – it is the policy of the
State in the pursuit of its national educational
development goals to provide an incentive program to
encourage the participation of the community in the
development in educational sector

 Section 46. Relating to School Property – real property,

such as land, buildings and other improvements thereon
and exclusively for educational purposes

 Section 47. Relating to Gifts or Donations for Schools – All

gifts or donations of any school recognized by the
government shall not subjected to tax
 Section 48. Relating to Earnings from Established
Scholarship Funds – All earnings from the investment that
are used to fund additional scholarship are exempt from
the tax until scholarship fund is fully liquidated

 Section 49. School Disposal Program – all gains realized

from the sale shall the sale shall be considered exempt from
the tax if the total proceeds of the sale are reinvested in a
new or existing duly established school

 Section 50. Conversion of Educational Foundations – an

educational institution may convert itself into non stock,
nonprofit educational foundation
D. Assistance to Students
 Section 51. Government Assistance to Students – the
government shall provide financial aid assistance to financially
disadvantage and deserving students

 Section 52. Grant of Scholarship pursuant to Existing Laws –

Educational institutions shall be encouraged to grant scholarship
to students pursuant to the provision of existing law

 Section 53. Assistance from the Private Sector – the private

sector, especially educational institution, business and industry,
shall be encourage to grant financial assistance to student,
especially those undertaking research in the field of science &
technology
Thank You!
Caroline B. Lariba
Reporter