TERMINATION OF THE SCHOLARSHIP. Termination of the scholarship, either voluntarily executed by the GRANTEE or forcibly implemented by PPSC with just cause shall mean REFUND of the total amount spent for the latter’s education. OTHER SANCTIONS Other than the foregoing termination, GRANTEE shall also be subject to the following sanctions should the corresponding circumstances occur, thus; All financial support extended to the GRANTEE shall be repaid to PPSC, without need of demand, except when the program is terminated due to lack of funds, other justifiable grounds which prove the inability of the GRANTEE to complete his / degree program. When XXXXXXX fails to fulfill his / her service obligation, either due to unauthorized transfer to another agency or institution, or resignation from his/her sponsoring agency / institution, or other analogous circumstances, he or she is required to pay back to the concerned agency / institution, without need of demand, all the privileges enjoyed and the money value of the service obligation based on his / her salary equivalent at the time of transfer or resignation, unless there is a showing that GRANTEE’s failure is not due to his fault or negligence. The GRANTEE’s refund of the monetary value of the enjoyed privileges may be waived due to serious health reasons, provided a medical certificate duly endorsed by the Government Hospital and Government Physician is submitted to the PPSC. Failure to fulfill the obligations herein stated shall result in administrative or criminal action, and shall disqualify the GRANTEE from any other further PPSC grant.
TERMINATION OF THE SCHOLARSHIP
