Help Center  >  FAQ for Eskwelabs

FAQ for Eskwelabs

What is Bukas?

Bukas was founded in February 2019 with the vision of building a better tomorrow for Filipino youths, starting with affordable tuition installment plans. We work closely with top colleges and universities to provide an easy, secure, and integrated payment process for students. Combining strong expertise in financial services, entrepreneurship, and technology, our team is passionate about making a difference and creating impact at scale.

Bukas is a duly registered corporation in the Philippines under the name “Bukas Finance Corp.” and granted a secondary financing license with the Securities and Exchange Commission.


What can I get as an Eskwelabs fellow?

As the payment partner of Eskwelabs, Bukas offers fellows full tuition coverage payable in 12 monthly installments will low monthly interest rates starting at 0.50% per month. Terms of the 12-month installment plan will differ depending on the Eskwelabs course taken. You may see more details about the installment plans available for each Eskwelabs course.


Eskwelabs Data Science Fellowship

Under the Bukas Tuition Installment Plan, fellows joining the Data Science module can have partial tuition coverage (worth P50,000) payable in 12 monthly repayments with 0.99% interest per month. In addition, fellows will only pay P495 per month for the first three months so they can focus on their studies.

For the monthly breakdown of repayments, kindly refer to the table below.

Month 1 - P495.00

Month 2 - P495.00

Month 3 - P495.00

Month 4 - P6,050.56

Month 5 - P6,050.56

Month 6 - P6,050.56

Month 7 - P6,050.56

Month 8 - P6,050.56

Month 9 - P6,050.56

Month 10 - P6,050.56

Month 11 - P6,050.56

Month 12 - P6,050.56

Total Amount Paid (Principal + Interest) = P55,940.00


Eskwelabs Data Analytics Bootcamp

Under the Bukas Tuition Installment Plan, fellows joining the Eskwelabs Data Analytics Bootcamp can have full tuition coverage (worth P28,000) payable in 12 monthly repayments with 0.50% interest per month. In addition, fellows will only pay P140 per month for the first three months so they can focus on their studies.

For the monthly breakdown of repayments, kindly refer to the table below.

Month 1 - P140.00

Month 2 - P140.00

Month 3 - P140.00

Month 4 - P3,251.11

Month 5 - P3,251.11

Month 6 - P3,251.11

Month 7 - P3,251.11

Month 8 - P3,251.11

Month 9 - P3,251.11

Month 10 - P3,251.11

Month 11 - P3,251.11

Month 12 - P3,251.11

Total Amount Paid (Principal + Interest) = P29,680.00


Note
: The initial offer computed during your application may look different from this repayment schedule but we will send you a revised contract via email after you complete your application if necessary. Please follow what is written in your contract.


How to join?

To join, follow the link in the SMS sent to you and follow the step-by-step application process. Note that your initial offer computation and repayment table might look different on the site during application but we will be sending you a revised computation table after we process and approve your application. Keep in mind that the deadline for submission of applications per cohort.


Can I request for a different amount?

No. All Eskwelabs applications will have fixed amounts based on their course. Any other value will not be accepted.


What are the requirements?

To qualify, you must be:

  1. Enrolled to the Eskwelabs Data Science Fellowship or Data Analytics Bootcamp.
  2. A Filipino citizen
  3. At least 18 years old

You will also need to upload a government-issued ID with your address for verification purposes.


I don't have tuition billing. What should I upload?

When asked to upload your tuition billing or enrollment form, simply upload any proof of enrollment (such as your Eskwelabs Student contract.)


Do I need to submit proof of payment every month?

No, your account will automatically be updated in 1 to 2 banking days depending on the payment channel you use. If your account is not yet updated, please send us an email at [email protected]


How will I receive the tuition amount?

Once you sign your contract or confirm your application, we will directly disburse the payment to Eskwelabs. Don't worry, we will send you an SMS/Email notification to update you regarding the payment. Once you've been notified of your payment, you may verify with Eskwelabs if they have received your payment already. If you encounter any issues, you may reach out to us via Facebook or email at [email protected]


How will I send my monthly repayments?

Monthly repayments can be accepted via “Bills Payment” at any Unionbank branches or the Unionbank mobile app, via E-banking using the DragonPay portal or Over-the-Counter at any DragonPay partner channels or any official Bayad Center branches nationwide. For detailed payment instructions, kindly visit the How to Pay page.


Is there a late fee?

Yes, there will be a 5% late fee per month charged on the total unpaid past due amount.

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