Fees and Payments
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1. Required Fees Upon Enrollment
a. Tuition Fees
b. Miscellaneous Fees
This covers medical and dental examinations, guidance and counseling tests and testing materials, records, laboratory, library, athletic, computer room, TLE Room, Theater and gym, energy fee and other utilities.
c. Other Fees
This covers test papers, modules, handbook, library cards, communications, school ID, student progress report card, assessment tests and insurance.
c. PTCA (Parent-Teacher-Community Association) Fee
The Schedule of PTCA Fee will be announced by the PTCA Officers.
All tuition and fees may be paid in the following schemes:
? Cash
? Semestral
? Quarterly
? Monthly
Payments should be made every 15th of each month. Thus, students who decide to withdraw after the end of the month will have to pay the full balance of the tuition fee and other fees.
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Section 66 on Student Admission of the Education Law and the Private Schools (2002) states that:
“A student who transfers or 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 10% of the total amount due for the term if he withdraws within the first week of classes, or 20% if within the second week of classes, regardless of whether or not he has actually attended classes. The student may be charged all the school fees in full if he withdraws any time after the second week of 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.”
However, Immaculate Conception Academy adopts the following policies on refunds:
1. Refunds on tuition and fees will be given only to those who paid their tuition and fees on a cash basis, and according to the following schedule:
a. A student may refund 90% of the total tuition and fees paid if he withdraws within one week after the opening of classes.
b. He may refund 80% of the total tuition and fees paid if he withdraws within two weeks after the opening of classes.
c. He may refund 70% of the total tuition and fees paid if he withdraws within three weeks after the opening of classes.
d. He may refund 50% of the total tuition and fees paid if he withdraws within four weeks after the opening of classes.
e. No refund will be given to any student who withdraws after the fourth week of classes.
2. No refund on tuition and fees will be given to those who paid on an installment basis.
3. Any student who decides to withdraw his enrolment or drop out from classes on or before October 31 will be assessed the tuition and fees due to him up to the month the withdrawal is applied for and approved by the principal or his representative.
