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Section 1.1.2. Amount of Grant. A maximum of P200,000.00 grant

money per proponent shall be awarded for a one-year extension project.

Once all legal and documentary requirements have been accomplished,

70% of the total amount of grant shall be released to the proponent. The

remaining balance shall only be released after the Monitoring and

Evaluation Division had issued Certificate of Acceptability. It means that

the project had undergone and passed on-site monitoring, semi-annual

review, and financial monitoring.

In the case of multi-year projects (with duration of more than one

year), release of grant money shall be on an annual basis and shall depend

on its yearly budgetary requirement. Funds for the succeeding year/s shall

only be released after the Monitoring and Evaluation Division had issued

Certificate of Acceptability.

Section 1.2. External Grants. The University Extension Services is tasked

to prepare project proposals for external funding to be submitted in
accordance to the funding agency or institution’s research and extension

thrusts and priorities and following the agency/institution’s prescribed format.

However, in the absence of any desired format, the CHED’s format for

extension proposal may be used (Appendix A. CHED NAFES Proposal

Format). In the event that the funding agency/institution requires a

counterpart funds, the matter shall be first discussed with the Administrative

Council of the University and with consideration of the COA and DBM Rules

and Regulations.