Page 67 - EXHIBIT 1_UNIVERSITY-CODE
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Provided that the following requirements are complied with:

                            a)  The candidate for graduation with honors must not have been charged and
                                found guilty of any gross violation of existing University rules and regulations
                                punishable by at least one week suspension.
                            b)  The candidate must not have incurred any grade below “2.75” in any of the
                                courses/subjects,  academic  as  well  as  non-academic  prescribed  in  the
                                curriculum being pursued.
                            c)  The candidate must have completed in the university at least 75% of the total
                                academic units required in his curriculum.
                            d)  The candidate must have undertaken during a semester not less than 15
                                units of credit work, or the normal load prescribed in his curriculum in cases
                                where such normal load is less than 15units, unless a lighter load is taken
                                due  to  the  unavailability  of  the  course(s)  needed  in  the  curriculum  to
                                complete the full load, or because the candidate is a working student. In the
                                case of a working student, he must have carried no less than 12 units of
                                credit  academic  subjects  per  semester,  except  in  the  last  semester
                                immediately  preceding  his  graduation  when  he  may  be  allowed  a  lighter
                                academic load.

                   Section  2.  Grades  in  all  academic  subjects/courses  required  in  the  curriculum  being
                             pursued, whether taken in ISU or in other schools, shall be considered in the
                             computation of the weighted average. Courses such as NSTP and other non-
                             academic  courses  required  for  graduation  shall  not  be  included  in  the
                             computation of the weighted average

                   Section 3. The computation of the weighted average for academic honors shall be carried
                             to three decimal places at each step of computation which will be finally rounded
                             off to two decimal places. In rounding off figures, the following will be observed
                              a)  If the third decimal figure is less than 5, the first two decimal figures are
                                 retained.
                              b)  If  the  third  decimal  figure  is  5  or  more  the  second  decimal  figure  is
                                 increased by one (1) if it is an odd number.  The second decimal figure if it
                                 is even number is increased by one (1) if the third decimal figure is 6 or
                                 more.

                   ARTICLE XXIII. COMMENCEMENT AND BACCALAUREATE EXERCISES

                   Section 1. The Executive Committee shall fix the time and place of the commencement
                             and the baccalaureate exercises and shall select speakers.

                   Section 2. All graduating students shall attend the commencement and baccalaureate
                             exercises as scheduled.

                   Section 3. Graduates shall secure their diploma or certificates and Transcript of Records
                             from the office of the Registrar upon presentation of the receipt of payment of
                             graduation fees and student’s clearance.




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