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2012 Memorandum of Agreement - Mark Fullmer

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B. OBLIGATION OF THE SECOND PARTY<br />

1. Provide scholarships for up to FIFTEEN (15) students for one semester taking up any degree in the<br />

College <strong>of</strong> Education in the SECOND PARTY. Should less than 15 students be awarded scholarships,<br />

surplus from the original funding will be retained and applied to the next semester’s scholarship.<br />

2. Take charge in the advertisement <strong>of</strong> the scholarship through the Office for Scholarship and Financial<br />

Assistance.<br />

3. Furnish the FIRST PARTY grade reports <strong>of</strong> all scholarship applicants.<br />

4. Furnish the FIRST PARTY a financial report on the exact amounts credited and debited from the<br />

University Cashier’s account named “Scholarship for Future Educators” and the operational status<br />

<strong>of</strong> the Scholarship Program.<br />

C. QUALIFICATIONS AND REQUIREMENTS FOR AWARDEES<br />

Scholarship awardees must:<br />

1. Demonstrate that their parents are incapable <strong>of</strong> paying all college expenses. This may be<br />

established by furnishing a tax exemption note from the Bureau <strong>of</strong> Internal Revenue OR having<br />

certification signed by a parish priest or barangay kagawad;<br />

2. Be enrolled in a course within the College <strong>of</strong> Education;<br />

3. Have no failing grade or incomplete grades;<br />

4. Maintain a grade point better than 2.2;<br />

5. Not be a recipient <strong>of</strong> any other concurrent scholarship;<br />

6. Attend an orientation session at the beginning <strong>of</strong> the semester;<br />

7. Create a thank-you letter, to be distributed to scholarship donors.<br />

D. RECISSION/CANCELLATION OF SCHOLARSHIP:<br />

Failure on the part <strong>of</strong> the grantees to meet any <strong>of</strong> the aforementioned “QUALIFICATIONS AND<br />

REQUIREMENTS FOR AWARDEES” will be sufficient ground for terminating the assistance.<br />

IN WITNESS WHEREOF, the parties have hereto set their hands and affixed their signatures on this<br />

document ______________ day <strong>of</strong> _________, <strong>2012</strong> in the City <strong>of</strong> Tacloban, Philippines.<br />

FIRST PARTY by:<br />

SECOND PARTY by:<br />

ROSARIO E. GARCIA<br />

Dean, College <strong>of</strong> Education<br />

Eastern Visayas State University<br />

DR. CATALINO B. BELTRAN<br />

President,<br />

Eastern Visayas State University<br />

WITNESSES<br />

___________________________________<br />

___________________________________<br />

___________________________________

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