By Gabriela Baron
A school in Quezon City has announced its permanent closure, citing “financial instability and lack of financial viability” brought about by the ongoing COVID-19 pandemic.
In a statement released to the public, Colegio de San Lorenzo (CDSL) also noted the “consistent low enrollment turnout over the past years.”
“While students have already enrolled for the upcoming school year 2022-2023, it would be difficult for Colegio De San Lorenzo to continue operating due to the low turnout of enrollees this year,” CDSL said.
However, the school assured that it will “initiate full refunds of fees” and assist all students for their transfer to other schools and educational institutions.
“For those enrolled in our college department, to ensure a better transition to another higher educational institution, we are also coordinating with a university of the same caliber for the possibility of transferring students who are willing to continue their education therein.”
‘Displaced’ students welcome
In a Facebook post, the Quezon City Government said Thames International is open to accept the displaced students of CDSL.
“We are heeding the call of Mayor Joy Belmonte of Quezon City, Philippines to help our fellow institution in this time of need,” Thames International said.
Thames will also offer partial scholarships to CDSL students, deferred payment of tuition until refund is collected from CDSL, and seamless transfer of records.
Meanwhile, the University of Santo Tomas (UST) Angelicum College said it will be opening its doors to the displaced students of CDSL.
UST Angelicum also announced that it will provide assistance to CDSL students, including scholarship through matched tuition fees as CDSL’s for the current school year, low down payment of P5,000 and deferred balance until refund from CDSL is received, one-day admission process, seamless transfer of records, and assistance to obtain through the Government Assistance to Students and Teachers in Private Education (GASTPE) subsidy.
READ MORE: Kalayaan College ceases operations
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