Convert your tuition balance in up to 12 monthly installments when you apply for a Bukas tuition plan.
π Click here for an introductory video about Bukas.ph' offerings.
Bukas is an education financing platform that offers affordable tuition installment plans (student loans) to college and graduate school students.
Bukas is a partner of MMCL and MMDC with the endeavor to support students in achieving their academic goals by providing flexible and manageable financing solutions. Through this partnership, we aim to ensure that financial barriers do not hinder our students' educational aspirations, allowing them to pursue their studies with confidence and peace of mind.
Step-by-Step Process:
1. Create an account
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To create a Bukas account, you'll need to enter your mobile number and password. Make sure your phone is with you to verify your mobile and complete the registration.
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Set up your student profile. You'll need to fill out your student profile before you can get started on your application. Make sure you reach profile level 3 to be eligible to apply for a tuition installment plan.
2. Submit an application
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After you submit your application via the website or via the app, it will take Bukas 3 to 5 working days to process and provide feedback.
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Once you receive the installment offer, you and your co-borrower will need to confirm the agreement;
- you, the borrower will need to confirm the agreement on your Bukas account,
- while your co-borrower, will receive a signing link via SMS.
- Once you and your co-borrower completed the confirmation process, Bukas will disburse the full tuition amount directly to the student's school in 1 to 2 business days.
- In case your application needs revisions, kindly update your account and submit again to continue your application process.
Requirements:
1. Valid IDs from Borrower & Co-Borrower
2. Proof of Residence from Borrower & Co-Borrower
3. School Assessment Form for student
- For MMDC, you may submit your Certificate of Matriculation (CM) or a screenshot of the Billing section in Camu)
4. Proof of Income from Borrower and/ or Co-Borrower
Note: Additional documents may be required by the Bukas assessment team.
Resources:
π https://bukas.ph/partners/mmdc/
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