THE LAND BANK of the Philippines has formed a partnership with the Commission on Higher Education and the Unified Student Financial Assistance System for Tertiary Education for a faster distribution of allowances to scholars.

“In partnership with the Commission on Higher Education and the Unified Student Financial Assistance System for Tertiary Education, all existing Tertiary Education Subsidy beneficiaries will soon be able to apply online at the UniFAST web portal for their LANDBANK Mastercard Prepaid Card!” Land Bank said on its Facebook page.

It said that the partnership will give scholars an easier and more secure way of receiving financial assistance.

“Existing student-beneficiaries under the TES Program will soon enjoy the ease and convenience of having their monthly stipends — covering all school and other personal needs — delivered to them in a safer, easier, and in a more secured banking facility,” it added.

Scholars of CHED can apply online via the UniFAST web portal to avail their own Mastercard.

The full details of the application are yet to be released by Land Bank and UniFast.