There are various programs in the Philippines that help students cover their education costs:
2.1. UniFAST (Universal Access to Quality Tertiary Education Act) Program
This is a government initiative that provides financial assistance to students studying in accredited public universities and colleges in the Philippines. It offers:
Partial or full tuition reimbursement for students with financial need.
The program is interest-free and the money can be provided as a loan that the student will repay after completing their studies.
2.2. SSS (Social Security System) Program
The Social Security System in the Philippines also offers loans to parents of students who can cover their education costs. They have installment payment terms with flexible repayment terms.
2.3. InvestEd Program
InvestEd is a financial platform that offers loans to Filipino students who want to pursue higher education. It allows you to:
Take out a loan to study at universities or training courses.
Lower interest rates on loans compared to traditional banks.
Flexible repayment terms that allow students to defer payments until the end of their studies.
2.4. Bukas Loan Program
Bukas offers a program that allows students to pay for their studies in installments. This is a particularly convenient option for those who cannot pay the full amount at once, but want to receive their education without delay. The payment can be divided into several parts - for 3, 6, 9 or 12 months.
( student loan Philippines )