Assessment of Income Generating Projects of State Universities and Colleges in Region Eight

Abstract

Liberating the SUCs from limited resources is a challenge they face; otherwise excellence in the areas of instruction, research, extension, and production will be at stake. As such, they need to establish income generating projects or IGPs.  Thus, a descriptive study evaluated the Income Generating Projects (IGPs) of the State Universities and Colleges (SUCs) in Region VIII. The detailed assessment of the IGPs of the SUCs focused on the profile of the IGP administrators and employees; profile of IGPs of SUCs in Region VIII; status of the IGPs of SUCs in region VIII as perceived by the IGP administrators, employees and clients in terms of setting up an IGP programs, organizational structure, operation performance measurement, profit sharing and accounting.  The study involved the administrators, employees and clients of the seven (7) SUCs in Region VIII and it was conducted during the School Year 2018-2019. Results of the study revealed that Findings on the profile of the administrators and employees show that majority of the administrators and employees belonged in the age bracket of 41-50 years old, dominated by female individuals, married, college graduates, who were holding positions either as manager, member of the BOM or employees. Furthermore, majority of the respondents have been in their position for a maximum of five years only. In terms of relevant trainings attended, majority of the respondents did not attend trainings for the last three years and almost all of the employees were earning 25,000 below monthly wage.  As regards to the profile of the IGPs of SUCs in Region VIII, out of seven SUCs involved in the study, each SUC has its own distinct number of years of IGP operation and years in operation. In terms of number of IGP personnel, two (2) or 28.57 percent of the SUCs have three (3) personnel and the rest of the SUCs were employing either 2, 7, 9, 13, and 23 personnel. The number of IGP projects differed in each of the SUC in Region VIII ranging from two to five projects. The other SUCs have even 10 and 12 income generating projects.  Moreover, the amount of revolving fund of the SUCs for its IGPs also differed. On the status of the IGPs, all aspects of operations, namely, setting up an IGP program, organizational structure, operations, performance measurement, profit sharing and accounting, were rated as "often” as perceived and were found to have highly significant differences of perceptions.  This, the null hypothesis was rejected. On the relationship between the profile of the IGP administrators, employees, clients and status of the IGPs, analysis showed no significant relationships in all aspects of operations.  Thus, the study failed to reject the null hypothesis.  From among the many problems encountered, it was on "inadequate funding due to limited ability to access external financing” and "limited internal financial resources due to the deteriorating university financial burden”.  Thus, it was recommended that administrators and the entire management of the different SUCs in Region should strengthen the operations of IGPs through giving it as a priority and through conforming to the standards set in the proposed IGP Manual.