Page 129 - REVISED PPP

STUDENT LOAN ASSISTANCE PROGRAM

Under the IRR of the University Development Fee.

a. A bonafide student maybe entitled to a loan privilege through the

University Student Loan Assistance Program.

b. The student shall be granted a maximum amount of PhP 2,500.00

for payment of tuition and miscellaneous fees only within but not

beyond the midterm period.

c. The amount of loan by the student shall be paid directly to the

cashier and shall be credited to his/her tuition fees account.

d. Other forms of loan may be availed of by students subject to the

IRR of the Student Loan Assistance Program.

e. The student shall pay the amount loaned with an interest rate of

one (1) percent (1%) per semester which shall be paid in equal

weekly/monthly basis within five (5) months or before or end of

the semester.

f. The adviser of every class shall be furnished a copy of the list of

students who were granted loan under this program and shall

closely monitor and remind the said students to pay on instalment

on a weekly/monthly basis.

g. The loan assistance program shall become effective only after

three (3) days upon approval of the mutual aid program or as may

be determined by the President through the recommendation of

the Committee.