STI profit surges as enrollment hits all-time high

MANILA, Philippines — STI Education Systems Holdings Inc., owner of the country’s largest network of private schools, saw earnings surge during its fiscal year ending June 30 as enrollment reached an all-time high.

STI Holdings, which is chaired by businessman Eusebio Tanco, reported a 38-percent jump in net income to P2.22 billion from P1.61 billion a year ago.

Revenues rose by 18 percent to P5.6 billion from P4.7 billion as a result of a 15-percent increase in total enrollment across its network.

STI Holdings’ financial year aligns with its academic calendar, which begins on July 1 and ends on June 30 of the following year.

Total enrollment for school year 2024–2025 grew to 138,060 from 119,543 students the previous school year.

The company said the growth in enrollment shows “the enduring trust in the STI brand for quality education, as well as the academic organization’s commitment to innovation and efficiency in its operations.”

STI Holdings said that the enrollment in programs regulated by the Commission on Higher Education (CHED), which generate higher revenues per student, grew by 20 percent year-on-year to 100,161 students, representing 73 percent of total enrollment.

CHED-regulated programs represent tertiary-level courses as well as post-graduate degree programs at STI West Negros University.

STI Holdings also offers technical-vocational courses under the Technical Education and Skills Development Authority and junior and senior high school programs under the Department of Education.

STI Education Services Group remained the company’s main growth driver for the year, with 84,122 students enrolled in its owned schools and 37,252 enrollees in its franchised schools.

STI West Negros University registered 14,503 enrollees, while iACADEMY enrolled 2,183 students.

“Building on our strong performance in school year 2024-2025, we are committed to delivering quality education through continued focus on academic innovation and digital integration. We remain focused on optimizing our nationwide education network and building capacity that strengthens our leadership in the Philippine education sector,” STI Holdings president and CEO Monico Jacob said.

STI Holdings has a network of 66 schools all over the country.