The century-old College of the Holy Spirit Manila said it was closing at the end of the 2021-2022 academic year.
While it did not specifically mention the challenges of the COVID-19 pandemic, recent enrollment figures showed that students have shifted to the public education system from private schools as parents cope with challening economic times.
The 2022 closure timeline will give the school time to graduate its Grade 11 and 3rd year college students, it said in the statement.
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While Grade 12 and 4th year college will be operational, Levels K to Grade 11 and 1st to 3rd year college will not be opened for AY 2021-2022, according to the statement.
Other Schools under the Mission Congregation of the Servants of the Holy Spirit will continue to operate, it said.
Here's a copy of the statement in full, as posted on College of the Holy Spirit Manila's Facebook page. The same document was posted on its website.