Page 33 - Exhibit No. 12 System of accrediting validating substituting and determining equivalent courses/subjects

24.b. Suspension or expulsion due to major offenses shall not

entitle the student to honorable dismissal.
24.c. Graduates shall secure credentials and Certificate of

Honorable Dismissal upon presentation of clearances and
receipts of payments at the Registrar’s Office.

25. MODES OF PAYMENT OF SCHOOL FEES

The University strictly follows the provisions of RA 10931 for the modes
of payment of school fees in accordance with Section 4, Section 6, and

Section 7 of the Act. (Please refer to Appendix B, RA 10931 for the specific
promulgation policies and guidelines governing Coverage, Exceptions to Free

HE, and Benefits of the Act).
Payment of school fees shall be made over the counter or online

through the Land Bank of the Philippines.

25.a. Cash

25.b. Installment: The total assessed fees shall be paid on
installment basis as prorated below:

35% - upon enrolment
35% - Prelims

20% - Mid-term
10% - Finals

26. REFUND OF SCHOOL FEES

Students who are covered with the RA 10931 as per Section 4, do not
qualify for the refund of school fees.

The percentages of refund of fees, except registration fee are as
follows:

100% - before the start of classes
75% - one week after the start of classes
50% - two weeks after the start of classes
25% - three weeks after the start of classes

100%- in case of death during the term

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