Page 49 - REVISED PPP
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Sources of Income of the University:
1) National Subsidy
2) Internally-generated income:
a) Tuition and other school fees
b) Revolving funds/business operations
National Subsidy
The national subsidy is the regular appropriation provided for by
the National Government for the regular operation of the University. It
provides the allotment for the payment of personal services,
including government share for retirement and life
insurance premiums, maintenance and other operating expenses,
and capital outlay.
Internally generated income:
a) Tuition fees and other school fees
