This study seeks to determine the level of readiness of selected private and government-managed colleges and universities in the Philippines. The study also aims to determine if there's a significant difference in the level of readiness between the private and government HEI's. In line with this, a descriptive-comparative method was employed. A questionnaire from the works of Aklaslan and Merca was utilized to determine the faculty members' and students' status of their e-learning readiness, acceptance, training, technological infrastructure, and tool awareness on the implementation of an e-learning program. Weighted mean was used to determine the level of readiness while a t-test was employed to determine if there is a significant difference between results.