In case you need additional tuition coverage, you can already re-apply for another loan. If you are interested, email us at [email protected] with subject "Request for Additional Amount." so we can assist you.
Students with existing Bukas Installment Plans may apply again and maintain multiple installment plans (MIP) with Bukas for additional tuition coverage. You may use your additional plan to settle current semester or incoming semester tuition fees.
Frequently Asked Questions on your Credit Limit
The credit limit serves as the remaining amount that you can loan with Bukas after deducting the amount approved for your ongoing installment plans. Note that payments made on your ongoing installment plans will increase the maximum amount.
Ibig sabihin, ang credit limit ay ang matitirang halaga na maaari mo pang hiramin sa Bukas kapag ibinawas ang ipinahiram sayo sa iyong mga kasalukuyang loan. Sa kada-buwan na nagbabayad ka sa tamang oras, nadadagdag ito sa iyong credit limit. Habang ikaw ay nagbabayad buwan-buwan, tumataas rin ang maximum amount na maaaring ipahiram sayo sa susunod mong loan.
Note that maximum requested amounts in our system will still apply (e.g. Php 50,000). If you need an amount that is more than the limit set on our system but still within your total credit limit, please email us at [email protected].
Your credit limit may change depending on the status of your loan and your payment behavior. Once you are notified of your credit limit, it is best to apply as soon as you can so that you can still avail the amount indicated in your credit limit.
How do I apply for another loan?
Log in to your Bukas account and click the "Apply to a University or College " or "Apply to a Short Course or Bootcamp" icon in your Bukas account. If you need assistance, email us at [email protected] with subject "Request for Additional Amount."
When you apply for a new plan, you’ll need to fill in the application details, and provide us your updated assessment form. You may also be asked for your updated proof of residence or proof of income.
Once you’ve submitted your new application, please wait 3-5 working days for feedback from our team.
If there are any changes to your account information (e.g. address, guardian, guarantor information), please send us an email at [email protected] so we can update your profile.
To learn more about Multiple Installment Plans (MIP), you may also check this link: https://bukas.ph/help-center/category/multiple-installment-plans/