Reservation Fee of P5,000 (deductible from the down payment but non-refundable). Miscellaneous Fees are not refundable. Finance charge of 1% of the amount due shall be applied for late payment. The schedule of enrollment will be announced before the end of the academic year. Payment of the tuition and other fees are done during the enrollment period. All fees must be settled prior to the end of the school year otherwise the report card and other pertinent academic records of the student shall be withheld.