Pursuing a college degree is a significant investment, and we understand that managing the costs and budgeting can be challenging. To support you, we’ve partnered with loan providers and have looked into a variety of financial aid options designed to make education more accessible and affordable.
This help guide provides an overview of the different types of flexible financing and financial aid available, including scholarships, loans, and work-study programs. By exploring these options, you can find the best financial support tailored to your needs, helping you focus on your academics without the added stress of financial constraints.
Bukas.ph
Description:
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:
🔗 https://bukas.ph/partners/mmdc/
GCash GGives
Description:
GGives is the ultra-accessible installment loan service by GCash that can help you make lighter and more flexible payments.
Step-by-Step Process:
1. Open the GCash app and tap on "Bills"
2. Choose "Schools"
3. Select "(MMDC) MAPUA MALAYAN DIGITAL COLLEGE"
4. Enter the necessary details and the amount to pay.
5. Select GGives as your payment method.
6. Choose your preferred installment plan.
7. View and agree to the disclosure statement.
Requirements:
Note: If you have multiple GCash accounts for different mobile numbers, only one of your mobile numbers can be eligible for GGives. Once your GGives is activated, you can only use GGives in the account connected with that mobile number.
To be eligible for GGives, you must meet the following criteria:
- 21-65 years old
- A Filipino citizen
- A Fully Verified GCash user
- Maintain a good credit record and did not commit any fraudulent transactions
Resources:
🔗 https://new.gcash.com/services/ggives
SSS Educational Assistance Loan Program
Description:
The SSS Educational Assistance Loan Program (EALP) was implemented in 2012 to help member-borrowers and their covered beneficiaries defray their educational expenses for undergraduate/college degrees, as well as vocational or technical courses.
Process:
1. Obtain the EALP Application Form. Visit the nearest SSS branch or download the form from the official SSS website.
2. Fill out Part I of the form. After filling it out, send the form to the nearest MMDC Learning Hub so the Registrar's Office can sign Part III of the form. (Please note that before the Registrar’s Office signs the SSS EALP form, you need to request a Certificate of Matriculation. You must settle the initial tuition fee down payment before you can request for a Certificate of Matriculation. The Certificate of Matriculation is also one of the requirements for SSS EALP.)
3. After the Registrar’s Office signs the SSS EALP form, we will send the form and the Certificate of Matriculation back to the learning hub. You can claim them once they arrive at the learning hub.
4. Submit all required documents to SSS.
Requirements:
1. For first time borrowers:
- Must be below 60 years old
- Actual monthly basic salary or income is Php 25,000 or below
- With at least 36 posted monthly contributions, six of which are posted within the last 12 months prior to the month of filing the EALP application
- Up-to-date in payment of all other member loan amortization
For Existing EALP borrowers:
- With six posted monthly contributions within the last 12 months prior to the month of filing the subsequent EALP application
- Up-to-date in payment of all other member loan amortization
2. Accomplished EALP Application form
3. Valid Identification Card/s or Document/s
4. Current School's Assessment/Billing Statement (Certificate of Matriculation)
5. Proof of Monthly Salary/Income of member-borrower
Resources:
How to Apply for an SSS Education Loan?
SSS EALP form
📎 https://www.sss.gov.ph/sss/DownloadContent?fileName=mlp-01338.pdf
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