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                                  2.  A financial  assistance worth  Ten  Thousand  (Php  10,000.00)  pesos
                                  for   finishing a master's thesis or Twenty Thousand  (Php 20,000.00)
                                  pesos  for    finishing  a  dissertation;   50%  to  be  released  upon
                                  submission of a duly     approved thesis/dissertation proposal and the
                                  other  50%  to  be  released  upon  submission  of  the  approved  bound
                                  copies of the thesis/dissertation to the   University.

                                  b. Tuition Fee Waiver:
                           To encourage professional  growth,  the  University extends  100%   tuition fee
                           waiver to  IFSU  employees  pursuing  higher  degrees  in  the  University.  This
                           subsidy is valid throughout the length of their study but should not exceed two
                            (2) years for those  pursuing  a  master’s degree and three  (3)  years for those
                           pursuing a doctorate degree.    However,  grantees shall only be permitted to
                           study in  IFSU  if there is no in-breeding or if they are enrolled in a program in
                           the University declared as a COD/COE or Level IV.

                                  c. Part-time Study:
                            Employees  who  enroll  to  pursue  studies  on  a  part-time  basis  (9-12  units
                           during  regular  semesters  and  3-6  units  during  summers)  and  whose  class
                           schedules  fall  during  working/office  hours.   Privilege  includes  attending
                           classes on official time and use of Fridays or  Mondays as travel days to and
                           from school.

                               d.  Permit to Study:
                                  Employees who wish to enroll and pursue his/her education must seek
                           the approvai/permission of the University;
                                     •  Request  for  permission  to  study  is  open  to  all  employees  of
                                         IFSU either on full or part-time basis with or without pay, shall be
                                         submitted  to  the  Office  of  the  University  President,  through
                                         proper  academic  and  administrative  channels  at  least  one
                                         month  before  the  desired  start  of  the  plan  to  pursue  further
                                         studies;
                                     •  Study permit shall  be  required  of IFSU  personnel who desire to
                                         study  in  this  institution  or  in  other  institutions,  during  or  after
                                         office hours subject to the terms mentioned herein;
                                     •  Study  permit  shall  be  secured  every  semester,  unless  the
                                         original  approval  is  for  a  longer  period,  i.e.  whole  duration  of
                                         study;
                                     •  The procedures to secure study permit shall be as follows:
                                         Prepare request for Permission to Study in duplicate  copies;

                                     -  Submit  the  accomplished  form  to  immediate   supervisor  for
                                         endorsement;
                                     -   Forward  it  to  the  Faculty  and  Staff  Development  Committee
                                         (FSDC)  for  evaluation  and  recommendation  of  the  University
                                         President;
                                     -   Forward it to  the  University President for appropriate action;
                                     -   Submit it to  the  HRMO  with  the action  taken  by the  University
                                         President for proper monitoring/recording in the employee’s file;
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