5. Feasibility study to include:

• Brief description of proposed program

• Institutional mandate & philosophy and goals of proposed program

• Management viability such as:

  • Management capability and administrative competence as reflected in Organizational chart and qualifications of Management personnel

• Market viability in terms of:

  • Demand for graduates/employment opportunities (at least in the next 5 years)

  • Prospective students (enrollment projection)

  • Presence of existing higher education institutions (HEIs) offering same course within the area

• Financial viability in terms of sustainability of operation such as:

  • Financial soundness

  • Projected income and expenditure

  • Schedule of proposed tuition & other fees

• Other operational aspects

  • Location of schools in relation to factors that are not conducive to learning such cockpits, dancing halls, bars or recreational places of questionable character, bowling alleys, movie houses, markets, garbage dumps, funeral parlors, jails, cemeteries and others