A feasibility study on the establishment of a tuition fee subsidy fund in De La Salle University

• Main Authors: Barte, Rowena P., Guadalquiver, Ryan, Llado, Armando, Macaranas, Mary Lane T., Miranda, Annaliza S.
• Format: text
• Language: English
• Published: Animo Repository 1992
• Subjects: College costs; De La Salle University; Universities and colleges > Finance; Subsidies; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/6541
• Institution: De La Salle University

The spiralling cost of quality education is evident in the educational system. Annually, the issue of tuition fee increase becomes the subject of much protest and negotiation. De La Salle University has not been spared from this event. It has the Multisectoral Committee on Budget, composed of representatives from the administration, faculty, non-teaching staff, parents and students, which convenes to deliberate on the issue of tuition fee increase. While the prevailing contention is that the answer to this dilemma is actually government subsidy of private tertiary education, it is apparent that at present, this option is out of the question. The need to resolve the tuition fee however, remains unanswered and the increases continue. The idea of private subsidy to tertiary education is an option, if considered as an investment wherein the returns are actually applied to the tuition fee increases. Thus, the DLSU TUITION FEE SUBSIDY FUND (TFSF) is a scheme designed to meet this problem. It is a fund pooled from contributions of students which is invested in the market for the purpose of applying the interest income to tuition fee increases. The principal is returned to the student after graduation. The main objective of the fund, other than subsidizing increase, is to in effect lower the base from which the increases are computed from and make the cost of education more affordable.