The Unified Financial Assistance System for Tertiary Education Act, or UniFAST, also known as Republic Act No. 10687, was signed into law on 15 October 2015.
UniFAST reconciles, improves, strengthens, expands, and puts under one body all government-funded modalities of Student Financial Assistance Programs for tertiary education and special purpose education assistance in both public and private institutions.
These modalities include scholarships, grants-in-aid, student loans, and other specialized forms of student financial assistance formulated by the UniFAST Board.