Iskolar ng Bayan Bill is finally passed into law providing scholarship to the top 10 students of public schools as it was signed by Pres. Benigno Aquino III on November 27, 2014. Passed as the Republic Act 10648, the Iskolar ng Bayan Act of 2014, has been approved by the House of Representatives on September 24, 2014 before the president signed.
With the Iskolar ng Bayan Bill filed on July 4, 2014 by Senate Majority Leader Alan Peter "Companero" S. Cayetano, all state universities and collages are mandated to admit and give scholarship grants to the top 10 public high school graduates of their repective classes. Cayetano is optimistic with the outcome of the law and expects to help more than 80,000 graduating students.
According to the Senate of the Philippines webpage, Senator Pia Cayetano and Pasig City Representative Roman Romulo also helped with the development of the bill and received Cayetano’s gratitude. Furthermore, Cayetano shared that the bill shows the commitment of the government if providing better future for the younger generation.
CHED and DepEd are given two months to months to prepare rules and regulations to be implemented according to the new bill. The implementation of the bill will be part of the CHED’s budget and that of SUCs in the annual General Appropriations Act.
However, University of the Philippines is excluded in the said law as it has institutional autonomy. UP is also unable to cater to all of the top high school students as the number of freshmen they admit each year is far smaller than 80,000 which is the target number of Iskolar ng Bayan Bill.