(CHED approves tuition hike petition of 268 private schools)
Two-hundred sixty-eight private colleges and universities will increase its tuition and other fees this school year 2017 to 2018.
This is after the Commission on Higher Education (CHED) approved their applications.
From 268 higher education institutions (HEIs), 262 will increase only their tuitions by an average of 6.96% or P86.68 per unit.
The average increase in school fees is 6.9% or P243.
Two-hundred sixty-eight private colleges and universities will increase its tuition and other fees this school year 2017 to 2018.
This is after the Commission on Higher Education (CHED) approved their applications.
From 268 higher education institutions (HEIs), 262 will increase only their tuitions by an average of 6.96% or P86.68 per unit.
The average increase in school fees is 6.9% or P243.
According to CHED, 268 represents 16 percent of the total 1, 652 private institutions in the country.
The following regions will have the most number of colleges and universities that will be charging higher tuition:
Metro Manila - average of 4.75% increase or P119.55 per unit
Southern Luzon - average of 3.05% increase or P49.07 per unit
Central Luzon - average of 8.64% increase or P49.50 per unit
(CHED to release list of schools allowed to increase tuition fees)
They are the same regions with the highest number of HEIs with approved hikes in school fees:
Metro Manila - average of 5.28% increase or PhP49.82
Southern Luzon - average of 5.90% increase or P408.70
Central Luzon - average of 10.73% increase or P974.26
CHED assures that HEIs meet the guidelines provided by law, especially the requirement of consultation, the proper allocation of tuition fees, and strict adherence to the processes that seek to make tuition and other school fee increases transparent, reasonable and affordable.
Seventy percent of the increase will be allotted to salaries and benefits of faculty members and staff, while 20 percent will be for the development of school facilities. The other 10 percent will serve as the return on investment of the institution.
Detailed List of Approved Tuition and Other School Fees Increases AY 2017-2018 as of 25 May 2017
Metro Manila - average of 5.28% increase or PhP49.82
Southern Luzon - average of 5.90% increase or P408.70
Central Luzon - average of 10.73% increase or P974.26
CHED assures that HEIs meet the guidelines provided by law, especially the requirement of consultation, the proper allocation of tuition fees, and strict adherence to the processes that seek to make tuition and other school fee increases transparent, reasonable and affordable.
Seventy percent of the increase will be allotted to salaries and benefits of faculty members and staff, while 20 percent will be for the development of school facilities. The other 10 percent will serve as the return on investment of the institution.
Detailed List of Approved Tuition and Other School Fees Increases AY 2017-2018 as of 25 May 2017
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