In a bid to help the children of farmers and fishermen as well as middle-class workers who are now unemployed, the Executive Yuan yesterday unveiled a financial-aid program that will cost the government about NT$820 million a year in education subsidies.
Officials estimate more than 87,000 youngsters will benefit from the programs. Interested students can apply for a subsidy when school starts in September.
According to Cabinet Spokesman Lin Chia-lung (林佳龍), children of farmers and fishermen studying at public or private senior-high schools and colleges, whose annual household income is less than NT$1.1 million, will be entitled to aid ranging from NT$6,000 to NT$10,000 a school year.
Qualified university students would be entitled to NT$10,000, college students to NT$8,000 and high-school students to NT$6,000.
Applicants must have an 80 grade average (on a scale of 100) in academic and ethics courses.
It is estimated that this program will cost the government about NT$400 million a year and benefit over 50,000 students. Funding will come from the Council of Agriculture's Agricultural Development Fund.
The children of workers who have been unemployed for more than six months will be eligible for stipends ranging from NT$6,000 to NT$16,000 a school year.
Qualified private college or university students will be eligible for NT$16,000, public college or university students for NT$10,000, private high-school students for NT$8,000 and public high-school students for NT$6,000.
It is estimated this program will cost the government about NT$420 million a year and benefit more than 50,000 students. The money will come from the Council of Labor Affairs' Employment Stability Fund and Ministry of Education's Education Fund.
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