THE COMMISSION on Higher Education is considering penalizing private higher education institutions that have not submitted requirements for the release of stipends of beneficiaries of the Tertiary Education Subsidy.

CHED said that 20 HEIs have yet to submit billing documents despite being reminded to do so.

The commission said it will look into how these HEIs can be penalized for violating the Memorandum of Agreement they signed with CHED.

The Private Education Assistance Committee processes the billings of HEIs and endorses these to CHED and the Unified Student Financial Assistance System on Tertiary Education for payment.

A total of 253,585 TES beneficiaries from 1,247 private HEIs nationwide have been validated for academic year 2019-2020 to receive the TES grant.

The UniFAST has processed 91 percent of the billing claims endorsed by PEAC for 234,436 students.

“The CHED and UniFAST staff have been reminding these HEIs to immediately comply with their billing submission requirements so their student-grantees can immediately receive the subsidy due in their last academic year especially now that classes for academic year 2020-2021 have started,” CHED and UniFAST Board Chairman Prospero de Vera III said.

The PEAC has also reached out to these schools to remind them of the need to submit requirements.

The TES Management System Portal was opened in January for these HEIs to submit billing documents.

Students enrolled in private HEIs who are eligible in the TES Program receive P60,000 per academic year if they belong to the Department of Social Welfare and Development – National Household Targeting Office Listahanan 2.0 or if they reside in cities and municipalities where there is no public university or college. The TES benefit covers payment for their tuition and education-related expenses.