HELP!
In 2003, slowly, College Assurance
Plan (CAP), the leader in the pre-need education industry,
crashed to the ground, experiencing financial difficulties
in their operations. With that, experienced difficulties
paying their 780,000 plan holders.
“Tatlong semesters na kaming
pinapahirapan ng CAP,” said Andrea Millare, a
senior Communication Arts student. She mentioned that
during her first year in College, CAP still managed
to pay her tuition fees. “Pero pagdating ng second
year ko sa college, dahan-dahang nawawa-lan ng pondo
ang CAP at hindi na full ang binibigay nila, ”
she added.
She also said she was thankful that
her family could make it through with the aid of her
tita working in the States, “Pero siyempre, nakakahiya!”
she awk-wardly said.
Georlyn May Triño, currently
a senior CA student, is also ex-periencing the same
dilemma. “41 percent lang ng tuition ko ang sagot
ng CAP, excluding miscellaneous and supplementary fees,”
she said.
According to her, it would be a
great help to her and her family if CAP was able to
pay her tuition fee. “Pwede sana pandagdag sa
allowance o sa mga expenses lalo na at magastos ang
CA,” she added.
Triño shared that her sister
is also a CAP planholder, “Kaso di rin niya nagamit!
Sayang! It could have been our savings!” Her parents
had to adjust with the difficulties of what CAP is bringing
to her family considering the fact that two of them
are in college, “It’s a good thing pa rin
na hindi naging option na pahintuin kahit isa sa’min,”
she said.
As a response to the plan holders’
plight, the government launched the PEP Coalition, wherein
they would financially help the pre-need victims of
companies like CAP. The said coalition will grant scholarship
to around 2,000 scholars. Qualified applicants must
submit all the requirements to the said coalition.
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