Scholarship Program

November 18, 1992 REVENUE MEMORANDUM CIRCULAR NO. 55-92 SUBJECT : Scholarship Program TO : All Revenue Officials and Employees and Others Concerned For the information and guidance of all revenue officials and employees, quoted hereunder is Department of Finance Memorandum Circular No. 16 dated October 16, 1992. "WHEREAS, Cabinet Resolution dated June 6, 1956, created the interagency Special Committee on Scholarships (SCS) to re-examine existing cabinet policies relating to foreign scholarships, fellowship training grants, and the like and to make recommendations on pending foreign scholarship and related matter; WHEREAS, Executive Order No. 129, s. 1968, as amended, provides rules and regulations governing official travel abroad connected with foreign scholarships, fellowship training grants, and the like, of all government officials and employees, including those of government-owned and controlled corporations, and emphasizes the requisite approval by SCS to such foreign travel; WHEREAS, Letter of Implementation No. 10, dated November 1, 1972, issued pursuant to Presidential Decree No. 1, directs the National Economic and Development Authority (NEDA) to provide secretariat assistance to the SCS; WHEREAS, Letter of Implementation No. 35, dated December 11, 1975, directed that SCS be attached to the NEDA; WHEREAS, the Civil Service Commission issued Memorandum Circular No. 34, s. 1992, establishing the scholarship program for government and providing for its effective administration; WHEREAS, said Memorandum Circular runs counter to the spirit of earlier issuances, impinges on the functions of the SCS and NEDA, and duplicates existing scholarship programs inevitably depleting meager government resources; All departments, bureaus, and agencies of the national and local government, including government-owned and controlled corporations and state colleges and universities are therefore hereby instructed that all matters pertaining to local and foreign scholarships should continue to be administered and coordinated by the Special Committee on Scholarships of the National Economic and Development Authority. cd i This Memorandum Circular shall take effect immediately. Manila By authority of the President: (Sgd.) Edelmiro A. Amante, Sr." Executive Secretary All revenue officials and employees are enjoined to give this circular as wide a publicity as possible. (SGD.) VICTOR A. DEOFERIO, Jr. Deputy Commissioner Officer-in-Charge