SunStar (Image grabbed from Land Bank of the Philippines' Facebook) + January 27, 2021 Following the recent launch of the Landbank Mastercard Prepaid Card (LMPC), 25,161 Tertiary Education Subsidy (TES) grantees from 135 higher education institutions in Central Visayas for the first semester of the academic year 2020-2021 will be able to “easily and safely” receive their stipend despite the pandemic, said the Commission on Higher Education (Ched). Ched, through its attached agency, Unified Student Financial Assistance System for Tertiary Education (Unifast), in partnership with the Landbank of the Philippines, launched on Jan. 15 the LMPC for beneficiaries of the TES program. According to Ched Chairperson J. Prospero E. De Vera III, the LMPC is intended to address the challenge of disbursing financial assistance to more than 700,000 TES and Tulong Dunong Program grantees nationwide during the pandemic.