DoF scholars up in Dominguez’ term

Scholarship availments, both in local and foreign terms, were higher among the Department of Finance (DoF) and its attached agencies under Finance Secretary Dominguez III’s term.

Data from the DoF showed a total of 666 employees pursued further academic studies under Dominguez versus the recorded 471 employees under the previous administration.

Bulk or 416 of the overall number are pursuing their masteral or doctoral studies by availing local scholarship programs while the remaining 250 availed foreign scholarship grants.

“Local scholarships availed by DoF employees include those offered by the Asian Institute of management (AIM) in Makati City and the Development Academy of the Philippines (DAP) in Tagaytay and Pasig City, to name a few,” the DoF said.

“Foreign scholarships include those offered by the National Graduate Institute for Policy Studies in Tokyo, Japan; Seoul National University in South Korea; International Institute of Social Studies in The Netherlands and Australian National University in Canberra, Australia (among others),” it added.

Majority of the scholars came from the Land Bank of the Philippines with 520 employees, 352 of which were local scholars while 168 were foreign scholarship recipients.

In the DoF, 14 employees managed to secure local scholarships while 23 became foreign scholars.

While at it, the Securities and Exchange Commission was able to send 20 employees abroad on foreign scholarships while one availed of a local scholarship.

In the Development Bank of the Philippines, 20 were local scholars while 15 employees availed of foreign scholarship grants.

Other DoF-attached agencies whose staff availed of local and foreign scholarships include the Bureau of Treasury, Bureau of Internal Revenue, Insurance Commission and the National Tax Research Center.

Rounding up the list were the Bureau of Customs, Philippine Deposits Insurance Corp., Privatization and Management Office, Social Security System and the Government Service Insurance System.

On the other hand, no employee from the Bureau of Local Government Finance availed of any local and foreign scholarships.

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