1. Teachers shall be entitled to study leave not exceeding one school year after seven years of service, granted in accordance with a schedule set by the Department of Education
2. During the period of such leave, the teachers shall be entitled to at least sixty per cent of their monthly salary
3. No teacher shall be allowed to accumulate more than one year study leave, unless he needs an additional semester to finish his thesis for a graduate study in education or allied courses
4. No compensation shall be due the teacher after the first year of such leave
5. The study leave period shall be counted for seniority and pension purposes
6. The compensation allowed for one year study leave shall be subject to the condition that the teacher takes the regular study load and passes at least seventy-five per cent of his courses
7. Study leave of more than one year may be permitted by the Secretary of Education but without compensation