The Board of Regents of the University of the Philippines has already approved the 300% tuition fee hike. Each academic unit will now be worth P1,000 (from the previous P300) in the campuses in Diliman, Manila, and Los Banos. For Baguio, Visayas, and Mindanao, the cost will increase from P200 to P600. Miscellaneous and other fees will also increase accordingly.
Expectedly, the tuition is being increased amidst protests from the student body. According to news reports, the last time the tuition in UP was increased was in 1989. I do remember though, that a few years ago, my officemates were talking (or was it more like complaining?) about the increase in rates for their MBA program at UP Diliman. Or are we just talking about increasing the tuition for undergraduate courses?
In addition to the tuition fee increase, the Socialized Tuition Financial Assistance Program or STFAP will also be revised. Those who cannot afford to even pay the tuition at UP will even receive a stipend of P12,000 per semester. That's a lot! Bottom-line, officials of UP say that only those who have the capability to pay will bear the brunt of the increase in rates. Those who are less affluent (those with a family income of less than P1 million annually?) will pay rates according to their income bracket based on the revised STFAP.
Even with the increase in rates, UP will still be an affordable alternative compared to say Ateneo or De La Salle. Hopefully, the higher rates will allow the university to retain better professors and faculty members; improve facilities; and give support to poor but deserving and bright students.