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3.  With the concurrence of the donor/grantor, another student may
                                 be selected to replace any scholar who fails, provided however,
                                 that in the absence of another screening , he/she is next in rank
                                 among  the  grantees  conducted  by  the  screening  done  by  the
                                 student  Scholarship  section;  provided  further  that  in  case  no
                                 student can duly qualify, a student in the year level of the scholar
                                 who  failed,  may  be  selected  pursuant  to  the  same  screening
                                 procedures; and

                              4.  The  student  Scholarship  Section,  subject  to  other  pertinent
                                 policies of the university, contracts and other similar documents
                                 shall approximately act upon all other matters not covered by the
                                 guidelines.



               General Provisions on Scholarship and Financial Assistance

                       Notwithstanding all the foregoing provisions, scholarships/assistantships
               enjoyed by the students of the University shall be governed by the following rules:

                       1.  A scholarship shall be awarded or terminated upon certification by the
                          Student Scholarship and Financial assistance chairman.

                       2.  A student shall be allowed to enjoy the benefits of two (2) scholarships
                          or assistantships at a time, one (1) government sponsored scholarship
                          and one (1) IFSU sponsored and earned scholarship.

                       3.   Unless  specifically  provided  by  a  specific  university  regulation,  the
                          privilege shall be enjoyed on tuition fees only.

                       4.  A scholarship shall be withdrawn from any student enjoying it, if after
                          due investigation, he is found guilty of having committed or having been
                          involved in a serious case of misconduct or misbehaviour.

                       5.  A  recipient  of  a  scholarship  awarded  exclusively  by  the  University
                          (Corps  Commander,  Athletics,  and  USSG/VLPCC/Sports  Club
                          President etc.) shall refund the amount covering his scholarship benefit
                          if he fails to render or perform the service required there from.

                       6.  All other matters not covered by these academic regulations, shall be
                          appropriately acted upon by the Student scholarship Section, subject
                          to  other  pertinent  policies  of  the  University,  contracts  and  similar
                          document.

                            List of Scholarship Grants/Financial assistance Available.

                                       Name of                         No. of        Amount of grant
                          Scholarship/Grant/Assistance                Student-       per Student per
                                                                     Recipients       Academic Term
                     IFSU PRIVILEGE AND SCHOLARSHIP
                     GRANTS
                         1.  Academic Scholarship                         0        Free Tuition Fee
                         2.  Athletic Scholarship                         0        25% of Tuition Fee
                         3.  Brothers/Sisters Privilege                   0        20% discount of
                                                                                   Tuition Fee
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