A study of enrollment and financial status of Our Lady of the Snows Institute for the next five years

This study discovers and analyzes the different factors involved in arriving at a decision to implement the option of not increasing the current school fees for the next five years. The study involves an analysis of the size of the clientele for the next five years and its financial picture as based on the projected enrollment. In projecting the enrollment of the school for the next five years, the forecasting method derived from the historical trend of the school\u27s enrollment for the last five years has been applied. The survival ratio is computed and applied in extrapolating the appropriate size of the clientele in the institution over the next five years. The incoming first year students for the next five years are assumed to be parallel to the number of first year students enrolled in school year 1976-1977. Since enrollment projection can be recast to arrive at a projected picture of the school\u27s financial condition, the method used in forecasting the financial picture of the school for the next fives years is the forecast method. The forecast method uses the proportion existing between the income generated from tuition and other fees paid by students to the number of students in the same school fees bracket. Proposed expenditures are also based on the projected enrollment. The study came up with the following findings and conclusions: 1. The enrollment of Our Lady of the Snows Institute for the next few years would be lower than the enrollment for the coming year, because of the lower input of students in the preceding year. The low input may be attributed to such factor as the establishment of new barangay high schools at Bo. Bungsu-an and Bo. Dacuton which parents find to be economical in having their children enrolled in the said barangay high schools. However, if the school would make an intensive recruitment campaign for potential freshmen students and maintain a higher survival rate in the NCEE, then the school may achieve a higher number of students in the next few years. 2. Since the source of inco