Entrepreneurial Engagement of the Tertiary Education Subsidy (TES) Grantees inCentral Philippines State University
Lycel Pacheco | Cristyflor Escordial | Aladino Moraca
Discipline: Education
Abstract:
This is a descriptive study using a quantitative approach which main objective aimed to assess and determine the
entrepreneurial engagement of the grantees of the tertiary education subsidy (TES) in Central Philippines
State University. This study specifically determined the demographic profile of respondents as to sex, campus
they are enrolled, course/program they are taking, year level, and family source of income, the entrepreneurial
engagement of the grantees and their satisfaction of the program. The researchers used both qualitative and
quantitative approach in order to connect with the participants and to better understand their entrepreneurial
engagement as a challenge in wise spending of their subsidy. Results revealed that in terms of demographic
profile, female grantees outnumbered the male, most of those who responded in the survey were coming from
the main campus, Cauayan, Hinigaran, Victorias and San Carlos extension campuses, the highest percentage of
respondents were taking Bachelor in Elementary Education program and in third year and the source of
income of most of them is farming. The respondents who indulge in entrepreneurial engagement mostly opted
business enterprise such as sari-saristore, buy and sell and loading business, farm investments such as prenda or
arendo and backyard raising such as carabao and hog raising, swine and cow fattening, poultry raising and
raising of other backyard animals that are easy to raise. The respondents expressed that they are very satisfied
with the Tertiary Education Subsidy program which conforms with the Agenda 21 (2002). Thus, the objective of
the TES program is met.
References:
- Castellano, S., Maalaoui, A., Safraou, I., & Reymond, E. (2014). Linking intuition and entrepreneurial intention: a comparative study among French and US student entrepreneurs. International Journal of Entrepreneurship & Innovation Management, 18(1), 23–44. doi:10.1504/IJEIM.2014.062787.
- Hu, M. (2010). SMES and Economic Growth: Entrepreneurship of Employment. ICIC International ©2010 ISSN 1881-803X. Volume 4, Number 6(A), December 2010.
- Khuong, M.N. & An, N.H. (2016). The Factors Affecting Entrepreneurial Intention of the Students of Vietnam National University—A Mediation Analysis of Perception toward Entrepreneurship. Journal of Economics, Business and Management, 4, 104- 111.
- Li, S. (2014). Investigating the Impact of Financial Aid on Four-year College Enrollment among College-Qualified Students" (2014). Seton Hall University Dissertations and Theses (ETDs). 2008.https://scholarship.shu.edu/dissertations/2008
- Lin, C. H. (2016). Examining the Effects of Financial Aid on Student Persistence in Taiwanese Higher Education. International Education Studies, 9(8), 36-50
- Nnamani,et al., (2014). Impact of Students’ Financial Strength on their Academic Performance: Kaduna Polytechnic Experience. A f r i c a n R e s e a r c h R e v i e w . V o l u m e 8. No 1 DOI:10.4314/afrrev.v 8i1.7
- Nguyen, C. (2017). Entrepreneurial Intention of International Business Students in Vietnam. Journal of Innovation and Entrepreneurship. Article 7 (2017).
- Purigay, G. (2020). Assessment on the Implementation of Unified Student Financial Assistance System for Tertiary Education (UniFAST): Basis for a Proposed Action. Journal of Business and Management Studies (JBMS). Volume 2, Issue No. 3. November 2020
- Republic Act 10931. Universal Access to Quality Tertiary Education Act. August 3, 2017. Philippine Law. Republic of the Philippines
- Republic Act 10687. Unified Student Financial Assistance System for Tertiary Education or UniFAST. IRR. An Act Providing For A Comprehensive And Unified Student Financial Assistance System For Tertiary Education (Unifast), Thereby Rationalizing Access Thereto, Appropriating Funds Therefor And For Other Purposes
- Sustainable Development Goal (SDG) Agenda 21. Chapter 3: Combatting Poverty
Philippine E-Journals 
