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*Free tuition fee is granted to a student with minimum academic load

of 18 units per semester, who has no failing or incomplete grade in

the preceding semester and who maintains a GWA of

2.75. Otherwise, Php100/unit will be imposed.

As per charter of the University, the Board of Regents shall have
the authority to appropriate and disburse its internal revenue subject

to usual existing accounting, budgeting and auditing rules and
regulations. All income shall be deposited in an authorized

government depository bank and any expenses/obligations incurred

shall be withdrawn from the said account.

Income earned by each campus shall be withdrawn only after a

supplemental budget has been approved by the Board of Regents,

hence no money shall be spent/withdrawn from the

depository account of the University without approved budget.

b) Revolving fund

Authorized under National Budget Circular No. 331 to implement LOI

No. 872 on the participation of government schools in the food

production program of the national government.

ISU was authorized to open a separate account for the operation of

revolving fund under 161 Account. Any income realized shall be

deposited to the said account and any

expenses/obligations incurred shall be withdrawn from the said

account.