FINANCE POLICY

FINANCE
WHAT TO KNOW ABOUT THE

POLICY

WITHDRAWALS AND REFUNDS
A student who transfers or otherwise withdraws in writing within two weeks after the beginning of classes and who has already paid the pertinent tuition and other school fees in full or for any length longer than one month may be charged 25 percent of the total amount due for the term if he withdraws within the first week of classes, or 50 percent if within the second week of classes, regardless of whether or not he has actually attended classes. However, if the transfer or withdrawal is due to a justifiable reason, the student shall be charged the pertinent fees only up to and including the last month of attendance. (Manual Regulation for Private School, 8th Ed. 1992).

During the Summer term, any student who withdraws his/her enrollment in writing, is governed by the following:
  1. Full amount of registration fee shall be charged if withdrawal is done during the enrollment period but the start of classes.
  2. 25 percent of the Summer tuition fees shall be charged if withdrawal is done within the first and second days of classes regardless of whether the student has attended classes or not.
  3. The student or his/her guardian writes a letter addressed to the Treasurer with the following supporting documents for the evaluation of the request.
    • Doctors certificates or hospital confinement's documents for medical health cases.
    • Endorsement from the Coordinator for Student Affairs for student cases.
    • Duly accomplished dropping form.

The decision on the request may be known after two (2) days.