Optimizing matriculation collection is a responsibility of every higher education institution. This study was conducted to optimize matriculation collection through scheduling parameters of Jose Rizal Memorial State University System, school year 2016 – 2017. Descriptive survey method of research was used with the aid of questionnaire checklist which was administered to 360 students, 167 teachers, and 12 tellers in which collected data were treated via frequency count, percent, and Chi-Square test. Finding revealed that the university carried out various matriculation collection practices for allowing students meet their fee obligations which in turn registered huge amount of receivables. Further, payment of Php 500 upon registration and three equal installments of the remaining each of which shall be paid during the conduct of the preliminary, midterm and final examinations was preferred to optimize matriculation collection. However, this requires that the university should develop a policy standard to strongly support the matriculation collection procedures and scheduling parameters of the university. As the economic langscape continues to change, it has become increasingly important that those responsible for the administration of public funds in the university develop processess through which funds are appropriately collected and managed.
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