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Minimum Qualifications of Applicants. The Board shall promulgate and periodically review the qualification criteria of applicants for student financial assistance. An applicant must meet the following minimum qualifications:
(a) Filipino citizen: Provided, That the Board may grant exemptions to foreign students based on reciprocal programs that provide similar benefits to Filipino students, such as student exchange programs, international reciprocal Scholarships, and other mutually beneficial programs;
(b) High school graduate or its equivalent from duly authorized institutions;
(c) Possesses good moral character with no criminal record: Provided, That this requirement shall be waived for programs which target children in conflict with the law and/or those who are undergoing or have undergone rehabilitation;
(d) Admitted to the HEI or TVI included in the Registry of Programs and Institutions of the applicants choice: Provided, That applicants may begin processing their applications within a reasonable time frame set by the Board to give the applicant sufficient time to enroll;
(e) In the case of an applicant in TVET programs, he/she shall, in addition to the criteria referred above, pass the TESDA screening/assessment procedure, trade test, or skills competency evaluation;
(f) Declare if he/she is already a Beneficiary of any other student financial assistance, including government StuFAP: Provided, That if at the time of application of the Scholarship, Grant-in-Aid, Student Loan, or other modalities of StuFAP under this Act, the amount of such other existing grant does not cover the full Cost of Tertiary Education at the HEI or TV! where he/she has enrolled in. the applicant may still avail of the StuFAPs under this Act for the remaining portion;
(g) In the case of applicant for Scholarship, he/she must obtain at least the score required by the Board for the Qualifying Examination System for Scoring Students; and
(h) Possesses such other qualifications as may be prescribed by the Board.
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