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STI posts record enrolment as senior HS drives student population past 100,000 mark

STI posts record enrolment as senior HS

drives student population past 100,000-mark

 MANILA – STI Holdings, which operates a vast network of schools nationwide, reported Friday that it took in a total of 103,727 students during the start of academic year 2016 – 2017, representing a 22.4 percent increase compared to the same period last year.

A total of 96,279 students were enrolled in STI Education Services Group (STI ESG) campuses, while 6,073 were from the STI West Negros University (WNU). iACADEMY, meanwhile, attracted 1,375 students.

The enrollment received a tremendous boost from the high turnout of senior high school (SHS) enrollees—a total of 39,206 students—despite the decrease in the number of enrollees for its colleges because of the full implementation of the K to 12 program.

In a disclosure to the Philippine Stock Exchange, STI Holdings said the K to 12 program was expected to pose a threat to colleges and universities as this essentially adds two years prior to tertiary education. This means that colleges face two years with almost no freshmen students. STI ESG, however, managed to constructively convert the threat to an opportunity as it applied for and was subsequently granted permit to offer SHS programs in all of its 76 schools. Similar permits were also granted to iACADEMY and STI WNU.

STI Holdings attributes the popularity of its SHS programs to STI ESG’s strong partnership with the Department of Education to help more incoming Grade 11 students get quality and affordable education.

“STI ESG collaborated with DepEd and conducted career guidance and orientation seminars for Grade 10 students in various public and private high schools nationwide,” STI Holdings said.

STI ESG also developed a tool, called the Student’s Career Opportunity and Personality Evaluator or SCOPE, which electronically analyzes incoming Senior High students’ individual strengths, interests, and personality, to help them determine which track to take for their education.

“These intensive marketing efforts during the early registration period and its sustained marketing activities bore fruit with the total SHS enrollment reaching 39,206 students at the start of SY 2016-2017,” STI Holdings said.

The increase in the number of enrollments also yielded positive results for STI Holdings as it posted gross revenues of P415.9 million for the three months ending June 30, 2016—a slight improvement of P1 million from same period last year of P414.9 million.

The three months leading to June 30, 2016 represent STI Holdings’ first quarter performance as the company follows an April to March fiscal year mirroring that of an academic cycle in the Philippines, since bulk of its income comes from its education services.

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