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Republic of the Philippines
House of Representatives
Quezon City

EIGHTEENTH CONGRESS
Second Regular Session

House BillNo. 7659

Introduced by REPRESENTATIVE ERIC L. OLIVAREZ

EXPLANATORY NOTE

Education is the only effective weapon we have against poverty. It is
through education that the people learn about their fundamental rights and
make well-informed decisions. It is decent education that fuels people to be
vigilant in defending their place, status and stance in society and in
transforming the nation into a better-functioning government. In short, a
country with well-educated citizens is easily led towards progress and
development.

That being said, it is just proper that academic excellence be given
high regard. In a nation where poverty is very prevalent, the plight of students
who do well in school and who strive to finish college education in order to
help themselves and their families despite the hardships they are
experiencing due their lack of resources and means of their family, should
never remain unnoticed or overlooked. Rather, their brilliance paralleled with
perseverance and undying fighting spirit must be rewarded and their
enthusiasm to learn must be further encouraged.

Students who display excellence academically or otherwise possess
an intense passion for learning and love for knowledge. This kind of young
people are the nation’s hope towards better governance and leadership. This


kind of students who genuinely pursue excellence in what they do will be and
should be the future leaders of our country. It is, therefore, the State’s
responsibility to make sure that these young intelligent people get an
opportunity to finish their studies regardless of their situation in life. It is
theSstate’s duty, as it is also for its own benefit, to ensure that such brilliant
minds will not be wasted just because of financial restraints.

Through this bill, the top three (3) graduating high school students, the
creme ala créme in every graduating batch so to speak, shall be
automatically given scholarship grants in the form of cash incentives to help
them advance to college/tertiary education to provide for their matriculation
which gets even more expensive by the year.

Itis prayed that through this modest cash incentive, deserving students
will aid them in pursuing the career they want and reach for their dreams.
It is for this reason that the approval of this bill is being sought.

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€ ERIC OU ARES


Republic of the Philippines
House of Representatives
Quezon City

EIGHTEENTH CONGRESS
Second Regular Session

House Bill No. 7659

Introduced by REPRESENTATIVE ERIC L. OLIVAREZ

AN ACT GRANTING CASH INCENTIVES TO THE TOP THREE (3)
GRADUATING STUDENTS OF PUBLIC SCHOOLS
IN THE COUNTRY

Be it enacted in the Senate and the House of Representatives of the Republic of the
Philippines in Congress assembled:

SECTION 1. Short Title. This Act shall be known as "The Cash
Incentive for the Top Three (3) High Schools Students Act of 2020”;

SECTION 2. Coverage. This Act shall cover only student in public high
schools in the country.

SECTION 3. Cash Incentives. The top three (3) graduates of every
public high school in the country shall be awarded cash incentives on the
day of their commencement exercises, as follows:

Valedictorian = P10,000.00
Salutatorian = P5,000.00
First Honorable Mention = P3,000.00


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SECTION 4. Appropriations. The said cash incentives shall be
sourced from the funds of the Local Government Unit where the high school
is under.

SECTION 5. Non-Prejudicial Clause. Said cash incentives granted
under this Act shall be without prejudice to the other existing scholarship
grants being enjoyed by high school graduates.

SECTION 6. Repealing Clause. — All laws, presidential decrees,
letters of instructions, executive orders, rules and regulations insofar as they
are inconsistent with this Act, are hereby repealed or amended as the case
may be.

SECTION 7. Separability Clause. — In the event that any provision of
this Act or any portion thereof is declared unconstitutional by a competent
court, the other provisions shall not be affected thereby and shall remain
valid and enforceable.

SECTION 8. Effectivity Clause. — This Act shall take effect after its
complete publication in at least three (3) newspapers of general circulation.

Approved.