Employees to get P15k education assistance grant from UP

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More than 12,000 faculty and staff of the University of the Philippines will get a one-time P15,000 Education Support Grant starting June 1, to help them cope with higher expenses at the start of the school year.
The UP said on Monday the grant was approved by the UP Board of Regents in its meeting last May 28.
“Full-time employees, whether permanent, temporary, contractual or casual, having served in the University for at least four months as of 30 June 2015 are also entitled to the grant,” it said.
More than 12,000 faculty and staff are expected to benefit from this educational assistance in time for the opening of class nationwide.
A memorandum issued by UP President Alfredo Pascual indicated the ESG will cover UP employees, including faculty, research and extension professional staff (REPS), and administrative employees.
Funding for the ESG will come from the internally generated funds of the constituent units (CUs) of the university.
UP has 58,000 students in 17 campuses across Luzon, Visayas and Mindanao.
Conditions
For employees who have reported to work this year after an approved leave without pay, they should have served at least one month as of June 30, 2015. The amount to be received will be prorated as follows:
– 1 month but less than 2 months: 25%, amount to be received: P3,750
– 2 months but less than 3 months: 50%, or P7,500
– 3 months but less than 4 months: 75%, or P11,250
– 4 months and above: 100%, or P15,000
Employees hired this year and having served at least a month by June 30 will also be eligible for the grant in the prorated amounts as follows:
– 1 month but less than 2 months: 25% or P3,750
– 2 months but less than 3 months: 50% or P7,500
– 3 months but less than 4 months: 75% or P11,250
– 4 months and above: 100% or P15,000
Employees who were recently separated or retired from the University will also receive the grant “provided that they have rendered service and were separated from the UP between 1 January to 30 June 2015.”
These employees will also be entitled to the prorated amounts as follows:
– 1 month but less than 2 months: 25% or P3,750
– 2 months but less than 3 months: 50% or P7,500
– 3 months but less than 4 months: 75% or P11,250
– 4 months and above: 100% or P15,000
Part-time employees of the University are entitled to half of the amount made available for the ESG. The amount they will be entitled to receiving will be prorated as follows:
– 1 month but less than 2 months: P1,875
– 2 months but less than 3 months: P3,750
– 3 months but less than 4 months: P5,625
– 4 months and above: P7,500
UP employees not entitled to receive the ESG include:
– those on preventive suspension at the date of payment in the constituent unit
– those who were suspended or removed from service in the period between January 1 to June 30, 2015 for administrative cases
– those who were absent without official leave (AWOL) during the date of payment.
Also excluded are employees hired by the University as consultants, lecturers, or experts working for a limited period as part of specific projects or activities; apprentices, laborers for contracted projects, those paid on piecework basis, contract of service or job order contracts.

 

 

[“source-gmanetwork.com”]

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