Procedure for the Release of Transfer Credential
a. A Certificate of Transfer Credential should be requested from the Registrar as soon as the     student decides to discontinue his/her studies. A pre-requisite for the issuance of the Certificate     of Transfer Credential is an accomplished Clearance Form, which indicates that the student has     no unsettled accounts from the offices concerned. No records shall be provided to any student     whose accounts have not been settled.
b. An original Transcript of Records (TOR) may not be hand delivered; rather, it will be sent     through post or courier to the school to which the student wishes the credits to be transferred.     Unofficial transcripts may be hand delivered, and are issued for evaluation purposes only.
c. TOR requests must be filed at the OCR at least one week prior to the desired issuance date.

For the details on the process of requesting Transfer Credentials, click this link Request of Documents.

Policies

Section 71 of the Manual of Regulations for Private Schools (8th Edition, 1992) provides the following in connection with the transfer of students and transfer credentials:

a. A student enrolled in one school is entitled to transfer to another school, provided he has no     unsettled obligations with the school he was enrolled in.

b. Every student who applied for and is eligible to transfer should be provided by the school he is     enrolled in with appropriate transfer credentials which will entitle him to admission in another     school of his choice, subject to the latter's policies and regulations on the admission of transfer     students.

c. A transfer credential signed by the College Registrar shall be issued not later than two weeks     after the filing of the application for transfer, provided that, in the case of a student who is a     transferee from another school, his records from his previous school have been received, are     complete, and in order.