Makati Mayor Abby Binay today announced that the city government will provide cash incentives ranging from P1,000 to P5,000 to some 11,713 graduates of public elementary and senior high schools in the city, whether or not they are Makati residents The mayor said graduates from Grades 6 and 12 will each receive P1,000 as cash incentive through electronic money transfer, except for those who have graduated with academic honors, who will be entitled to P2,000 to P5,000 cash incentives.
“For the first time, we will be awarding a P1,000-cash incentive to all non-honor graduates from Grade 6 and Grade 12, residents and non-residents alike. We would like to help augment their family’s resources, most especially those whose parents have lost their livelihood while the enhanced community quarantine remains in effect,” Mayor Abby said.
“We will be using contactless distribution so the students will not have to go out and get the money themselves. We will credit their incentives to their parents’ GCash account instead,” the mayor explained.
The mayor assured the graduates that their parents or guardians need not have an existing GCash account since one can be made for them using their mobile phone number, regardless of the service provider – Smart, Globe, TM or TNT.
According to DepEd-Makati, the city has a total of 7,207 graduates from Grade 6 and 5,506 graduates from Grade 12 in its public schools this year, including 2,885 from the Higher School ng UMak (HSU) at the University of Makati.
Based on the approved incentive program for honor graduates from the city’s public elementary and senior high schools this year, graduates “with honors” will each receive P2,000; “with high honors”, P3,000; and “with highest honors”, P5,000 each.
Source: Jerome Carlo R. Paunan, Philippine Information Agency, April 28, 2020