To be accredited by an authorized accrediting agency, an educational institution must demonstrate that it satisfies the following requirements:
> it has formally adopted an appropriate vision and mission;
> it offers educational programs (or curricula) consistent with its vision and mission;
> it has a viable number of students actively pursuing courses at the time of evaluation;
> it has a charter or legitimate authority to award certificates, diplomas or degrees to each person who has successfully complied with the requirements of an educational program;
> it has formally designated a chief executive officer or has formally organized and staffed a chief executive office;
> it has a duly constituted governing board
> it has documented its funding base, financial resources and plans for financial development, adequate to carry out its stated purposes;
> it has financial statements that are externally audited on a regular schedule by a certified public accountant or agency;
> it makes freely available to all interested persons accurate, fair, and substantially complete description of its program, activities and procedures; and
> it has graduated at least three batches before the evaluation for accredited status.
http://www.pacucoa.ph/general_info.htm
