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AdU proposes TOSFI amid inflation
IN
The Adamson University Administration presented its plan for a five percent tuition fee increase for college and a higher eight percent for graduate school, during the Tuition and Other School Fee Increase (TOSFI) Consultation for Academic Year 2023-2024.
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The University Controller, Marissa Gandia, cited inflation as one reason for the TOSFI proposal. Inflation rate in the Philippines increased to 5.8% from 3.9% in the past year, with a forecast of 6.1% in 2023.
The TOSFI justification includes personnel cost, increase of guidance fee for psychological tests, upgrading of technology for digitalization, improvement of learning services, library spaces and study areas.
The University Admin also aims to enhance cultural services and programs through technological advancements, modernization of AdU Theater and Art Gallery, upgrading musical instruments, and increasing production costs for outsourced professional companies.
Meanwhile, stakeholders expressed