Pamantasan ng Maynila hit over poor use of P80M medical eduk fund
The Commission on Audit (COA) called out the attention of the Pamantasan ng Lungsod ng Maynila over its poor utilization of its P80 million Medical Education Development Fund (MEDF) in 2015.
The MEDF, pooled from the contributions or payments of incoming College of Medicine freshmen students as well as grants and donations, was mandated to be used exclusively for the improvement of facilities of the College of Medicine and acquisition of books and other supplies.
In a 2016 report, the Commission on Audit (COA) said that out of the P80,185,479.10 available funds for MEDF in 2015, only P1,363,799.12 or 1.7 percent was expended, leaving an unexpended balance of P78,821,679.98.
The low utilization of the fund “affected the efficiency and effectiveness of the University in attaining the objectives of setting up the MEDF,” the auditors said.
The university management explained that when the new management took over in September 2014, the balance of the MEDF amounted to P68 million.
Because of this, management through the College of Medicine has consistently included in the budget several procurement programs. But in the course of implementation, the college failed to submit requests of procurements for priority projects despite availability of funds.
Despite the minimal utilization of the MEDF, the auditors lauded the College of Medicine for delivering on its commitment to provide quality education to all aspiring physicians, on the back of outstanding performance in the licensure exams, having a 100 percent and 98 percent passing rate in February and August 2015, respectively.
The COA recommended to the university to plan efficiently on how to accelerate the implementation of specific programs, projects and activities of the MEDF to provide the optimal benefits to the paying students, as well as maximize the utilization of the MEDF and ensure that all planned programs, projects and activities are implemented.