Payment

ABOUT THE OFFICE OF THE ACCOUNTING AND FINANCE

The CMC Office of Accounting and Finance handles all the financial resources of the institution and responds to students in a courteous, accurate, and timely manner.

I. OUR SERVICES

a. ACCOUNTING: Functions for Bookkeeping, Financial Reports
b. FINANCE: Functions for Collection, Disbursements

II. CMC PAYMENT POLICIES

1. SCHEDULE OF PAYMENT
Upon enrollment, the student must pay 1,000 for the down payment fee, and the remaining balance will be divided into four (4) terms; PRELIM, MIDTERM, PRE-FINAL AND FINAL EXAMS.

2. FULL PAYMENT DISCOUNT
A student who pays in full before the start of classes and at the same time settled in full in any additional subject(s) during the period of adding/dropping of subjects is entitled to a five percent (5%) discount on tuition.

3. PENALTIES

A. ADDING AND DROPPING OF SUBJECTS

A student dropping the subject and not submitting the Dropping Form during the prescribed
period will be charged in full tuition/ fees on the subject (s) being dropped.

B. WITHDRAWAL AT CMC

A student who withdraws from the Central Mindanao Colleges during theregular semester
shall be charged as follows:

1. Withdrawal BEFORE THE START OF THE CLASS: 25% of Miscellaneous Fees
2. Withdrawal during the START OF CLASSES BEFORE PRELIM: Total Miscellaneous Fees
3. Withdrawal AFTER THE PRELIM EXAMINATION: Full tuition and Miscellaneous

4. PROMISSORY NOTE
For promissory note official templates, please message the CMC Office of the Accounting and Finance FB Page:
https://www.facebook.com/cmc.accountingandfinance or visit the CMC Office of the Accounting and Finance during office hours.

III. PAYMENT OPTIONS

1. WALK-IN PAYMENT TRANSACTIONS AT CMC

a. CASH: You may pay directly at the CMC Office of the Accounting and Finance Office Hours: Monday-Friday 8:30am-4:00pm
b. CHECK: Check Payments must be made payable to CENTRAL MINDANAO COLLEGES (Note: Postdated checks will not be accepted.)

2. ONLINE PAYMENT
Students and parents have two easy options for paying their CMC enrollment and tuition fees. One is through ONLINE BANK DEPOSIT/TRANSFER, and the other is through Remittance Centers.

Paying the tuition and fees doesn’t have to be a hassle. You can do it wherever you are, whenever you need to, with any device. It’s easy as ABC. Pay online on your phone, your tablet, or your computer.

STEPS FOR ONLINE BANK DEPOSIT/TRANSFER AND REMITTANCE PAYMENT

STEP 1:
OPTION 1: ONLINE BANK DEPOSIT/TRANSFER Online bank payments must be made payable to:
BDO Account Name: Central Mindanao Colleges
Account Number: 00332 000 1560

OPTION 2 : REMITTANCE CENTERS
(PALAWAN/CEBUANA/MLHULLIER/RD)
Pay to Remittance Centers using the Office Name of Finance
Representative/ Receiver: SHIELA MAE T. ALILING: 0951-6498-674

STEP 2:
After the payment has been made through bank transfers or remittance centers, please send an electronic copy of your Online Transactions via the CMC Office of the Accounting and Finance FB Page: https://www.facebook.com/cmc.accountingandfinance

IV. INQUIRY ON TUITION AND OTHER STUDENT FEES
For detailed student fees, please message the: CMC Office of the Accounting and Finance: https://www.facebook.com/cmc.accountingandfinance or visit the CMC Office of the Accounting and Finance at the CMC Administration Building.

V. OFFICE SCHEDULE
The CMC Office of the Accounting and Finance is available from 8:30 AM to 4:30 PM on Monday through Friday and from 8 AM to 12 PM only on Saturday. Offices are closed on Sundays and holidays.

CMC PRESIDENT

Welcome to Central Mindanao Colleges, and thank you for taking the time to learn more about us by visiting this website. It contains many resources for you to learn about CMC.

“Education is not preparation for life. Education is life itself.” This famous quotation by John Dewey is, I believe, the most important reason we are all here at Central Mindanao Colleges. Ours is community-centered on our students’ excellence and success, providing exceptional experiences and connections to successful careers. Here you will find exceptional experiences that allow you to grow and develop, explore new interests, and fully realize your potential.

We provide you with holistic education to pursue global excellence, and career-ready graduates have always been central to our vision. Through a process that includes career exploration and professional preparation, we connect you with career paths and foster the skills and mindset needed for professional advancement. Our mission is to provide you with quality instruction, develop innovative research, and engage you in responsive extension programs committed to producing competent and socially responsible individuals who can carry out responsibilities for the local and global communities.[/one_half]

By becoming a CMCian means, you are part of a close-knit community, which we nurture the value of family orientation that will support you from day one and helps you achieve your vision of success. Learning in the new normal is truly challenging, but you will all be ready to face the world of work with God’s grace and assistance from all our teachers. You will find mentors in our faculty, staff and, through our campus’ rich social and cultural life, you will make connections and friendships that will last a lifetime.

Here, you will find the guidance and support to do this. Whether you want to develop your leadership skills, explore your passion for the arts, serve our community, conduct your research, or pursue a career-defining internship.

And today, we convey its importance to you. All together, we can assist you in pursuing your educational goals and aspirations here at Central Mindanao Colleges.

When you walk across the stage as CMCian graduates at commencement, you will have more than just a degree from Central Mindanao Colleges. You will have career direction and the confidence needed for success in your chosen field.

As we move towards our 74th year, I welcome you all our dear students. We are so happy and proud that you have chosen CMC as your school of choice. With the new normal, we are engaged in flexible learning modalities. On behalf of management, we warmly welcome all our new students and loyal students to the college and formally induct and celebrate new students’ entry into higher education.

Stay with us at CMC, and I am very confident that you can surely face the world equipped with all the knowledge, skills, and values you have gained here when you graduate.

With best wishes with your LIFE here at CMC.

DR. CYNTHIA S. ASUNCION