A. REQUIRED FORMS / DOCUMENTATION

1.      The member (student) of the Fund shall complete and submit the form entitled “Application for Financial Assistance for Medical and Pharmaceutical Expenses.”

2.      The application must be accompanied by all necessary supporting documents indicated in the application form, relating to the claimed medical and pharmaceutical expenses.

3.      Submission shall be made electronically to the email address
socialsupport.welfare@cut.ac.cy and/or to the Social Support Office of the Student Welfare and Support Service, Tel.: 25 002541

B. METHOD OF CALCULATING COMPENSATION

If the Management Committee of the Fund determines that the request meets the eligibility criteria for compensation, the amount payable shall be calculated as follows:

1.      The amount corresponding to the medical act shall be determined in accordance with the Schedule of Medical Acts established by the Cyprus Medical Association (CMA) and adopted by most insurance companies in Cyprus (Annex I).

2.      For surgical procedures, the applicable charge shall be based on the cost of a typical private hospital or clinic, as determined by the Management Committee.

3.      In cases where the amount claimed for compensation is lower than the corresponding charges listed in the Schedule (Annex I), the amount claimed shall be paid to the applicant.

4.      The total amount of compensation payable shall be the sum of the medical expenses calculated in accordance with paragraphs B1–B3 above, minus €500, with a maximum payable amount of €5,000.

C. RIGHTS OF THE MANAGEMENT COMMITTEE

The Management Committee reserves the right, if deemed necessary, to request from the applicant (student) the submission of additional documents, information, or receipts, or to communicate directly, or through an authorized representative, with the attending physician.

The Committee also reserves the right to reject applications for which sufficient and convincing evidence has not been submitted, or where there exist reasonable doubts as to the authenticity of the documentation.

The Committee further reserves the right, whenever deemed necessary, to seek expert opinions from the Cyprus Medical Association regarding specific cases.