Advances

Advances

 

ADVANCES

Salary Advance
On first appointment one month’s salary advance may be approved by the Registrar to a member of staff. Such an advance shall be refunded in not more than three concecutive installments deducted from salary.

Touring Advance
An advance given to a staff who has been approved to go on an official trip outside his place of current assignment.

Vehicle Acquisition Scheme
This is given to a qualified staff for the purpose of acquiring a vehicle to enhance performance of his official duties. This is without interest on principal advance.

To qualify for the Vehicle Acquisition Scheme:
• a staff must have been confirmed under the requirements specified; except where special exemption is granted an applicant on account of input or special duty.
• Must provide acceptable guarantor who shall redeem the value of the advance in the event of cessation of appointment before the full value is redeemed.
• Must agree to a monthly deduction from his salary and sign the relevant agreement with the University
• Shall pay the balance of the car advance in the event of a resignation

House Rent Advance
House Rent advance may be given to a staff who could not secure official accommodation in the University premises for purpose of paying rent in advance, provided the total sum advance being requested shall not be in excess of the monthly housing allowance that could be accumulated over the months in the period for which he is seeking financial assistance; a staff shall not be granted housing advance for more than one year except where acceptable reasons are advanced to the Registrar through the HOD for approval.

OTHER ALLOWANCES
Other Advances may be granted to a staff if in the opinion of the University there is a need for such consideration.

NON-REGULAR ALLOWANCES

Dean
An allowance at a rate to be determined by University Management Council from time to time shall be paid to the Dean.

Heads of Department
An allowance at a rate to be determined by University Management Council, from time to time shall be payable to a Head of Department.

Transport and Traveling Allowance
• Kilometer allowance is determined, from time to time, by the University Management Council

Subsistence Allowance
Subsistence Allowance shall be paid to staff on official duty on rates as currently determined by the Council.

Estacode Rates
• Overseas Night Allowance
Rates as currently determined by the University Management Council shall apply.

• Overseas Subsistence or Incidental Allowance
Rates as currently determined by the University Management Council shall apply.

• Allowance for Training Courses Overseas

• Overnight Rates for Local Travel
Rates as currently determined by the University Management Council shall apply.