Law Summary
Availability of Student Fare Discounts
- Student fare discounts are set at twenty percent (20%) off regular fares.
- Discounts are only valid during the official school year.
- Discount days limited to Mondays through Fridays.
Exclusions from Fare Discount Benefits
- No discounts allowed on Saturdays and Sundays.
- Legal and special legal holidays are excluded from fare discounts.
- Discounts not applicable during Christmas and summer breaks.
- Post-graduate students (including those studying medicine, law, masteral, doctoral degrees, and similar courses) are ineligible for the student fare discount.
Modification of Previous Issuances
- Any prior issuance or part of previous memoranda conflicting with these provisions are modified or superseded.
Effectivity Clause and Filing Requirements
- This Circular takes effect immediately after filing three copies with the UP Law Center.
- Compliance with Presidential Memorandum Circular No. 11 dated October 9, 1992, is required for effectivity.
Signatories and Date of Adoption
- Circular was adopted on May 9, 2005.
- Signed by the Chairperson and two Board Members of the Land Transportation Franchising and Regulatory Board (LTFRB).