Monday, October 22, 2012

What is the Math Behind STFAP

University of the Philippines Seal
University of The Philippines Seal

The Socialized Tuition and Financing Assistance Program (STFAP) is a scholarship program of the University of the Philippines. STFAP is implemented by the Office of Scholarships and Social Services (OSSS). STFAP was first introduced in 1989, making the tuition fee jump from PhP30/unit to PhP300/unit. In contrast, per unit matriculation fee in Ateneo and DLSU during those years were at PhP327.50 and PhP329.00, respectively.

To really understand the bracketing scheme used in STFAP, here is a 2006 report. The calculation for bracketing is well-defined in the executive summary.

http://www.yonip.com/archives/up/Atanacio%20report.pdf

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