The DBP launched this program to guarantee that the Philippines would have sufficient number of competent professional workers that will have opportunities in both local and global employment arena.

Press Secretary Ignacio Bunye said that DEEP is offering special scholarship program for poor but deserving students who wish to be become nurses or seamen. The first scholarship program was designed for nurses because it is very in-demand in the Philippines and abroad. Soon, the DBP would also give the same scholarship grant for those who want to be a seaman.

Bunye said, “What is unique about this program is that funds will be released in advance to participating schools, relieving scholars of the burden of having to re-apply every semester.”

The press secretary also informed that the first 545 applicants have already taken the nursing scholarship entrance exams conducted through DBP’s partner-schools that include St. Louis University, Our Lady of Fatima, Cebu Normal University, Mindanao State University, West Visayas State University, Xavier University-Ateneo de Cagayan, Pamantasan ng Lungsod ng Maynila.

A total of 188 have already passed the entrance exams. The nursing scholars would enjoy a scholarship grant that would finance their education until they graduate.

source: ofwguide.com
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In 2007, a total of 21,499 Filipinos took the said test—the National Council Licensure Examination (NCLEX)—for the first time, excluding repeaters. This was an increase of 42 percent compared to the 15,171 Filipino nurses who took the exam in 2006.
The NCLEX is administered by the US National Council of State Boards of Nursing Inc. (NCSBSN).

Santiago, who has been pushing for reforms to build up Philippine nursing education, said the 2007 figures “translate to a daily average of around 60 Filipino nurses seeking to practice in the US alone.”

Besides demanding the closure of substandard Philippine nursing schools, the Catanduanes representative also earlier publicized a list of institutions that have performed below par.

He also expressed support for a Commission on Higher Education (CHED) directive compelling each independent Philippine nursing licensure examination review center to promptly affiliate with an accredited college, or face closure.

The senior lawmaker said this move would ensure the scholastic accountability of review centers and check the spread of deficient ones, including fly-by-night operators, which have been since increased due to the high demand for nurses.
Nursing has become the preferred course of a growing number of college enrollees.
The CHED’s Office of Policy, Planning, Research and Information sees almost half a million or 497,000 students taking up nursing in the school year 2008-2009.
Next to nursing, the second most favored course is hotel and restaurant management, with some 134,600 projected students, followed by computer science which is expected to attract 100,700 students.

Students interested in taking criminology are expected to reach 96,900, information technology, 95,300; accountancy, 89,500; business management, 82,800; elementary education, 67,000; English education, 52,300; and electronics and communications engineering, 48,200. – GMANews.TV

Migrante, an alliance of overseas Filipino workers’ organizations, said the impending documentary stamp tax (DST) imposition on all international transfers, including OFW remittance, is but another scheme of state exaction burdening OFWs and families.
Migrante spokesperson John Monterona told Sun.Star Bacolod in a phone interview that they “deplore the Congress for formulating tax legislation, courtesy of pro-Arroyo senators and congressmen, devoid of consultation and public hearing imposing the DST.

“This impending tax imposition on OFWs remittance is but another scheme of state exaction burdening and exploiting OFWs and families in time of soaring prices of food and relatively weak dollar exchange,” said Monterona.
Monterona said Migrante and other OFWs got the information that the Arroyo administration would soon be imposing the DST on all international transfers from a branch of Western Union based in the United Arab Emirates.

“Our sources have confirmed this impending imposition equivalent to 0.15% of the remitted amount,” he added.

“The DST will cover all remittance companies and banks in the Philippines.”
Monterona said the OFWs and their families will reject this additional tax imposition on OFWs’ meager income, where most OFWs are receiving salary ranging from US$250 to US$400 monthly, especially in time of economic crisis.
“If an OFW is to send US100, which is P4,160 based on the current exchange rate, the 0.15% (DST) is P6.24, which would be deducted from his remittance, (aside from the remittance fee of 35 Riyals (P130) charged by the remittance center where he send his remittance).

The remittance to be receive by the OFW family is obviously not enough in time of soaring prices of food and basic commodities,” Monterona added. – Sun.Star Bacolod