Page 40 - Exhibit No. 12 System of accrediting validating substituting and determining equivalent courses/subjects
P. 40

6.  Cash incentives for the regional placers of the board examination

                      are as follows:


                             PLACE                       CASH INCENTIVES

                                 1-2                          10,000.00
                                 3-4                           8,000.00

                                 5-6                           6,000.00
                                 7-8                           4,000.00

                                 9-10                          2,000.00

                  7.  As supporting documents, the names of regional topnotchers should

                      be properly certified by the PRC Regional Office since these are not
                      normally  published  in  newspaper  of  National/Regional  circulation

                      nor uploaded in the PRC website.
                  8.  The college from where the topnotchers came from should facilitate

                      the preparation and processing of vouchers and checks.
                  9.  Topnotchers can collect only once for a specific program, the higher

                      amount.
                  10. Topnotchers in any two or three examinations can still be covered by
                      this resolution.



           32.  UTILIZATION OF STUDENT MUTUAL AID FUND


                  Section1.  General Coverage


                         All bonafide students of the University shall be entitled to avail of
                  the mutual aid benefits.


                  Section 2.  Contribution


                         All students shall pay a contribution of P40.00 upon enrollment
                  during the first semester of the school year. Whether or not the student

                  is enrolled for the second semester or during summer, the amount paid
                  covers the benefits for one school year.

                         In case the student is enrolled only during the second semester,
                  he/she shall pay P20.00 only.


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