Human Capital through education is considered a means to a better quality of life. Parents prepare their children from pre-school to higher education. This study investigated the lived experiences of the parents of those students who availed of the Free Higher Education in the Philippines. It utilized Phenomenological Qualitative Research Design grounded on Heideggerian philosophical traditioncovering the State Universities and Colleges (SUC) in Region XI (Davao Region, Philippines). A series of focus group discussionswere conducted to gather information from 24 parents of students enrolled in State Universities. This was done separately per institution using a semi-structured survey question which was subjected to field testing. The findings revealed the following: (a) parents agreed that education will secure an individual a comfortable life; (b) valued education as a legacy, and pride; (c) the implementation of the program provides ease and peace of mind; (d) all the participants are pleased with the government’s willful move of the Free Higher Education Policy which is known as Republic Act 1093.

Keywords : Free Higher Education, Human Capital, and Parents.