Migrant Workers and Overseas Filipinos Act
Section 37. The Congressional Migrant Workers Scholarship Fund. - There is hereby created a Congressional Migrant Workers Scholarship Fund which shall benefit deserving migrant workers and/or their immediate descendants below twenty-one (21) years of age who intend to pursue courses or training primarily in the field of science and technology. The initial seed fund of Two hundred million pesos (P200,000,000) shall be constituted from the following sources:
a. Fifty million pesos (P50,000,000) from the unexpended Countrywide Development Fund for 1995 in equal sharing by all Members of Congress; and
b. The remaining One hundred fifty million pesos (P150,000,000) shall be funded from the proceeds of Lotto draws.
The Congressional Migrant Workers Scholarship Fund as herein created shall be administered by the DOLE in coordination with the Department of Science and Technology (DOST). To carry out the objectives of this section, the DOLE and the DOST shall formulate the necessary rules and regulations.