Page 127 - REVISED PPP
P. 127
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 must pay a contribution of Php 40.00 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 Php 20.00 only. Section 3. Nature of Claims Benefits
1. Death due to accident - 35,000.00
2. Natural Death - 20,000.00
3. Burial Expenses - 5,000.00
4. Indemnity due to university related accidents – 50, 000.00
5. Dismemberment & Disability
a. Permanent disability – 20, 000.00
b. Dismemberment – 5, 000.00
6. Reimbursement of medical expenses due
to illness/accident – 5, 000.00
7. Hospital Confinement expenses – 500.00/day