Bukas Student Loan Application for Parents

Applying for a Bukas student loan is an online and convenient process. For first-time Bukas borrowers, Parents and Guardians can now assign themselves as the Borrower and the student as the Co-Borrower. Simply follow these steps to get started:

Important Notes for Parents & Guardians:

• Students with an active Bukas Loan reapplying for another loan do not need to create another account for their parents. Instead, the student's existing account information just needs to be updated.
• The Emergency Contact Person should not be the same individual as the Borrower or Co-borrower.
• Overseas Filipino Workers (OFWs) cannot be Co-borrowers. If the source of income is coming from an OFW, applicants may choose "Remittance" when asked. Employment information related to the remittance source will need to be provided when choosing this option.

Application Steps:

(1) Create an account and fill out profile

Visit app.bukas.ph to create an account and complete the profile. When creating an account, select "Parent or Guardian" as the identity. Note: Once an account owner is selected, this cannot be changed for future multiple loans.

(2) Verify identity

Prepare a valid ID and complete the Liveness Test to verify identity.

(3) Apply for a student loan

Enter the needed information. For Parents and Guardians applying, the student should be assigned as the Co-Borrower. The additional contact person's information and the student’s tuition fee information are also needed.

(4) Enter tuition amount

Input the amount needed for the student’s tuition. This amount should match the one on their school assessment form.

(5) Choose term and upload document

Select a preferred loan term (installment length) and upload the Tuition Document or Statement of Account.

(6) Submit application

Submit the application and await feedback. An update regarding the student loan plan will be received after 3-5 working days. Applicants should keep their lines open. The co-borrower may also be asked to go through verification via a link sent through text.

After Submission & Potential Revisions:

To fully review and process an application, the Assessment Team may ask applicants to revise some details (e.g., blurred picture, outdated document). Applications with unresolved revisions will remain on hold, which is why it is highly suggested that required revisions are completed immediately.

After Confirmation & Disbursement:

After both the applicant and co-borrower confirm the agreement, an SMS will be sent informing that the approved amount has been disbursed to the school. Note that all loan offers are conditional. As long as a loan has not yet been disbursed to the school, Bukas Finance Corp. reserves the right to withdraw any loan agreement.

Additional Information & Support:

• Eligibility to to become a Bukas borrower
• List of requirements

Additional documents may be required by the Assessment Team. Please keep lines open as they may reach out via call or email. All instructions should be followed carefully to get the final result of the application faster. If there are any further questions, please feel free to reach out to our team by filling out this form.