LYCEUM OF SUBIC BAY (LSB), Inc. a non-stock, non-profit higher educational institution located at the heart of Subic Bay Freeport Zone, was established in June 2003. During its first year of operation, the institution was registered with the Securities and Exchange Commission (SEC) under the name, National College of Science and Technology, Inc. (NCST), with Mr. Alfonso E. Borda as its first President and Chief Executive Officer. The school started with only five lecture rooms, one computer laboratory, a small HRM-THRO laboratory and a small library with two hundred sixty (260) officially enrolled students. Fifteen of these were full scholars, working as Student Assistants (S.A). Despite the meager budget allocated for its operation, the school was able to furnish all rooms with brand new air-conditioning units, for a more comfortable learning environment.
This notwithstanding the reality, that the only resource to defray the enormous financial requirements of the institution, is from the minimal tuition fees of about nine to twelve thousand pesos charged per semester per student. The income therefore then, could barely suffice to cover the total operational expenses of the school. Moreover, some Incorporators were no longer interested in infusing additional investments. As a result, the school incurred delays in the payments of salaries and wages and other utility expenses. Realizing the gravity of the problem, the LSB President called for a meeting with the department heads and faculty members, where he laid down the financial difficulties of the institution. As expected, there were initial negative reactions. However, the President was able to persuade the majority to stay and continue teaming up with the management for the realization of the Vision and Mission of the institution. By the grace of God, the school survived the most critical years of its operation. From then on, the school has continuously experienced a dramatic annual increase in its enrollment, coupled with excellent performances of students in both the academic and sports competitions.
The influx of multinational companies at the Subic Bay Freeport Zone, challenged the school to offer more relevant programs to respond to the manpower needs of the industry locators. On April 2005, the Board of Trustees approved the change of name of the school from NATIONAL COLLEGE OF SCIENCE AND TECHNOLOGY (NCST) to LYCEUM OF SUBIC BAY (LSB). Since then, LSB has moved on to gain the patronage of clients, through quality and relevant program offerings, qualified mentors and excellent physical facilities. Today, it has become one of the leading educational institutions not only in the area, but in the whole region.
This notwithstanding the reality, that the only resource to defray the enormous financial requirements of the institution, is from the minimal tuition fees of about nine to twelve thousand pesos charged per semester per student. The income therefore then, could barely suffice to cover the total operational expenses of the school. Moreover, some Incorporators were no longer interested in infusing additional investments. As a result, the school incurred delays in the payments of salaries and wages and other utility expenses. Realizing the gravity of the problem, the LSB President called for a meeting with the department heads and faculty members, where he laid down the financial difficulties of the institution. As expected, there were initial negative reactions. However, the President was able to persuade the majority to stay and continue teaming up with the management for the realization of the Vision and Mission of the institution. By the grace of God, the school survived the most critical years of its operation. From then on, the school has continuously experienced a dramatic annual increase in its enrollment, coupled with excellent performances of students in both the academic and sports competitions.
The influx of multinational companies at the Subic Bay Freeport Zone, challenged the school to offer more relevant programs to respond to the manpower needs of the industry locators. On April 2005, the Board of Trustees approved the change of name of the school from NATIONAL COLLEGE OF SCIENCE AND TECHNOLOGY (NCST) to LYCEUM OF SUBIC BAY (LSB). Since then, LSB has moved on to gain the patronage of clients, through quality and relevant program offerings, qualified mentors and excellent physical facilities. Today, it has become one of the leading educational institutions not only in the area, but in the whole region.
MISSION & VISION
MISSION The fulfillment of our vision is inspired by our passion for educational excellence producing well rounded and productive individuals, enriching the quality of life for a better world of the now generation.
VISION To be an institution where education contributes to the empowerment of students impacting change for responsive national and global developments.
CORE VALUES▪ EXCELLENT AND DYNAMIC SERVICE: We commit to excellence in the performance or our services through a dynamic educational programs and modernization of resources for global competitiveness.
▪ EDUCATIONAL PARTNERSHIP:We enter into sustainable alliance with earnest parents and zealous learners creating a commnuity of reponsible partners in nation building.
▪ HUMAN RESOURCE DEVELOPMENT:We equip and empower our human resource through continues training for personal and professional develpment, creating a workforce responsive to the demands of changes and innovations.
▪ MORAL AND SPIRITUAL LEADERSHIP:We pursue moral and spiritual leadership inspiring students to embrace our core values anchored in the unchanging truth of the WORD OF GOD.
VISION To be an institution where education contributes to the empowerment of students impacting change for responsive national and global developments.
CORE VALUES▪ EXCELLENT AND DYNAMIC SERVICE: We commit to excellence in the performance or our services through a dynamic educational programs and modernization of resources for global competitiveness.
▪ EDUCATIONAL PARTNERSHIP:We enter into sustainable alliance with earnest parents and zealous learners creating a commnuity of reponsible partners in nation building.
▪ HUMAN RESOURCE DEVELOPMENT:We equip and empower our human resource through continues training for personal and professional develpment, creating a workforce responsive to the demands of changes and innovations.
▪ MORAL AND SPIRITUAL LEADERSHIP:We pursue moral and spiritual leadership inspiring students to embrace our core values anchored in the unchanging truth of the WORD OF GOD.