AYALA-BACKED APEC Schools (Affordable Private Education Center) is targeting to build up its enrollees to 9,000 by offering Senior High School (SHS) and adding new branches so that it can attract students from public schools who are enjoying subsidies from the government.
Beth Lui, APEC Schools chief executive officer, said in a recent briefing that starting this coming school year, it will offer 3,500 SHS seats to public school Grade 10 graduates in the National Capital Region (NCR) at zero cost.
However, the students to be offered the SHS seats should be holders of SHS Vouchers worth P22,500 given by the Department of Education (DepEd) per school year pursuant to the K-to-12 program.
“The P22,500 SHS voucher is an all-in cost, inclusive of tuition, energy fee for air-conditioning and books. This is equivalent to the SHS voucher that DepEd is providing to all public school graduates in this region, which means that public school graduates who enroll at APEC Schools can attend it with no out-of-pocket costs,” Liu said.
APEC Schools will be opening three new branches located on Naga Road in Las Piñas, E. Rodriguez Avenue in Quezon City, and Concepcion Dos in Marikina.
The SHS program covers the last two years of K-to-12 and includes Grades 11 and 12. After finishing Grade 12, the students have the option to work right away or continue on to a college education.
APEC Schools is a proprietary educational institution that enjoys a preferential income tax rate of 10 percent. Ordinary corporations are taxed at the rate of 30 percent of their income.
At present, APEC Schools has 3,300 junior high school students. For its 2016-2017 school year, APEC Schools will be offering SHS both to public and private school Grade 10 graduates.
“APEC Schools will also be offering 2,500 Grade 11 seats during its morning shift, to both public and private school Grade 10 graduates, at an all-in cost of P32,500. For public school graduates in NCR, this translates to all-in out-of-pocket cost of P10,000 or P27 per day after taking into account the SHS voucher,” Lui said.