[Blueboard] Announcement

AMPC ampc at admu.edu.ph
Thu Sep 14 12:37:54 PHT 2006


    Memo to :    ALL AMPC Members

    Subject:       Clarification on AMPC Announcement dated Aug 31 regarding
                         Interest rebates on pre-terminated loans.

    From:           Finance Committee

    _____________________________________________________________________

  This is to clarify that the old policy in restructuring AMPC loans still
stands. Loans may be pre-   terminated in case of resignation or in case the
employee does not want to have an                          existing
obligation. But it may not be restructured until 75% of the loan has been
paid in accordance with the original repayment schedule. Thank you







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