V. SCHOLARSHIP BENEFITS
a. A scholar is entitled to a financial assistance of Ten Thousand pesos
(P10,000.00) per semester / term or twenty thousand pesos ( P20,000.00 ) per year
to defray school expenses such as tuition fees and other school fees, broken
down as follows:
P10, 000.00 tuition and other school fees for 1st semester/ term and
P10, 000 .00 tuition fee and other school fees for the 2nd semester / term;
b. A scholar is entitled of a school supplies allowance of P 2,000.00 for one year
(P1000.00 per semester). A scholar who fails to enroll in the second semester will
only received P 1000. 00 school supplies allowance;
c. The financial aid is issued to the scholar in the form of a Scholarship
Certificate bearing the name of the scholar and is duly signed by the City Mayor;
d. The scholarship certificate shall be valid for five (5) years from the date of
graduation provided that it has not been used. If the scholarship certificate is
used even for one semester, it shall only be valid for two (2) years from the date
of availment.
The scholarship certificate is not convertible to cash and non-transferable.
Furthermore, the scholarship certificate cannot be used to purchase books,
uniforms, school supplies or tools.
e. The P 10,000.00 financial aid per semester/ term shall be used to defray actual
and miscellaneous fees that the student may need to pay while enrolled in the
school/college or university. Since the amount of the scholarship grant is only up
to P 10,000.00 per semester, any balance of the tuition fee and miscellaneous fee
after deducting the P 10,000.00 shall be borne by the scholars parents and
guardians. For schools offering courses with tuition fees less than P 10,000.00
they shall only bill the Cebu City Government the actual tuition fee and
miscellaneous fee of the scholars;
The scholars who choose to take up Technical -Vocational courses are entitled to
enroll to a maximum of four (4) courses. The City of Cebu Government shall pay
for the actual fee of the scholarship up to P10,000.00 per semester or course as the
case may be. Any balance of the tuition fees after deducting the grant shall be
shouldered by the scholars parents;
f. Required Summer classes in the curriculum will be paid by the Cebu City
Government.;
g. The scholar may enroll in either of the following:
g.1. Any 2 year to 5 year course
g.2. Diploma or certificate course
Page 3 of 5
Member
Member
Member
Member
Member
Board
Secretary
Page 5 of 5