The University Budget

The Pangasinan State University, being one of the State Universities in the Philippines, gets its funding mainly from the annual General Appropriations Act (GAA). In addition to the GAA fund, the University also gets additional funding from its income-generating projects. Both this GAA fund and income fund are then allocated to different sectors of the University.

The University’s budget is apportioned into its institutional functions, namely: (a) Instruction (Higher and Advanced Education), Research Services, Extension Services, Production, and General Administration and Support Services.

The table below shows the pooled GAA and Income Fund of the University for the years 2018 to 2021.

Table 1. General Fund from 2018 to 2021

As we can see from the table, the University has the source of funds to support the projects and activities in attaining the objectives of Faculty Development.  The funds allocated for each programs/activities/projects to support faculty development can be seen in the BOR-approved Program of Receipts and Expenditures (PRE).  In compliance with statutory requirements, PSU annually submits its National Expenditure Program (NEP) and receives funding from the national government under the General Appropriations Act (GAA).

It is evident that the University, being an educational institution, prioritizes instructional development because of the large allocation of the total budget. This is where the budget for faculty development such as seminars and training, memberships, scholarship grants, and other academic assistance are taken from. As for the Fiscal Year 2021, the Program of Receipts and Expenditures (PRE) shows that the University spent 6.3 million for training and seminars and 7.1 million on scholarship expenses. Moreover, 3.7 million was spent by the institution for membership dues.

On the other hand, research activities are annually funded with at least 37 million pesos, with the budget increasing annually, probably due to the ever-increasing importance of research to the University as a whole. On a similar note, extension activities are also one of the important aspects considered by the University, allocating at least 30 million pesos annually.

As for the current year, an amount of 18,522,631.00 pesos was approved for the first wave of proposals and another 9,269,000.00 pesos for the second wave of proposals.  In terms of the extension budget for the same year, an amount of 6,143,906.00 pesos is approved from the first wave of proposals while 5,023,350.00 pesos for the second wave of extension proposals.

Figure 3. Budget for the First Wave Research Proposals for 2022

Figure 4. Budget for the Second Wave Research Proposals for 2022

Figure 5. Budget for the First Wave Extension Proposals for 2022

Figure 6. Budget for the Second Wave Extension Proposals for 2022

In summary, Table 2 presents the list of activities and possible sources of funding for faculty development. 

Table 2. Sources of Funds for Faculty Development Activities