DECS ORDER NO. 63, S. 1999

: DECS Order No. 63, S. 1999 prohibits private schools from exacting interest on unpaid tuition fees unless such interest is expressly stipulated in the enrollment contract.
: It was promulgated on June 4, 1999.
: The policy is to prioritize education, protect and promote the right of all citizens to quality education at all levels, and make education accessible to all.
: No, it applies only to private schools.
: No, private schools cannot charge interest on unpaid tuition fees unless it is expressly stipulated in the enrollment contract.
: The order takes effect immediately upon promulgation on June 4, 1999.
: It was promulgated in response to reports that various private schools were exacting interest on unpaid tuition fees, which was contrary to public policy.
: It must expressly include the interest charge provision in the enrollment contract to legally charge interest.
: Students and parents are protected from unauthorized interest charges on unpaid tuition fees, thus safeguarding them from additional financial burdens unless legally agreed upon.