The clear coat on my truck is peeling off on the hood and the sides of the bed. Is there anyway i can do a cheap fix?

I had the same thing happen with my car and it made my car look horrible. I was not able to afford to have the panel affected repainted so I did a temporary fix. I have listed a link to the site that helped me fix mine. This temporary fix can only last a few months up to a year.
If this is a newer car and is still under warranty, the clear coat may be covered under your warranty! Check your owners manual/purchase slips for this information, or you can contact the dealer directly.
I have also listed a few other sites that give some good information. I hope this helps!

http://www.ehow.com (This is what I used)
http://wiki.answers.com
http://answers.yahoo.com

 Its hard to fix the clear coat yourself  unless its just a little scratch   the BEST thing to do is call around and get prices and save up  your $$ and then get it done.      And a coat of wax every now and then will  help it from peeling.