Rewrite this memorandum for me. Consider the clearness, conciseness, and professionalism. "Please be reminded of your responsibility to comply with your annual membership registration as a local chapter of HRSAP. This is to avoid disrupting your organization's access to the HRSAP benefits and ensure continuous operation to provide our members with valuable resources, networking opportunities, and professional development initiatives in the HR field.

The membership registration shall include all Human Resource students enrolled in your university or college in an academic year. The membership fee remains P50.00 per student for renewals and new applications."