How to Apply for Multiple Installment Plans (MIP)?

If a Borrower is eligible to apply for a Multiple Installment Plan (MIP), the "College Loan" or "Short Term Course" button will be visible upon logging in to a Bukas account.

When applying for a new plan, Borrowers will need to fill in the application details on their existing account. Please note that account owners cannot be changed in between installment plans. This means that student-owned accounts cannot become parent-owned accounts in succeeding loans. Borrowers should ensure they enter details accordingly.

Borrowers also need to provide updated documents, including:

✓ School Assessment Form

✓ Proof of Residence

✓ Proof of income

Once the new application has been submitted, Borrowers can expect to receive feedback from our team within 3-5 working days.

Important Notes:

• In some instances, the interest of an additional plan may be slightly different from the first installment plan. If this is the case, Borrowers will be notified via SMS or email.
• 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. Please read the Terms and Conditions as well as the Disclosure Statement provided before proceeding with any loan transactions.

If there are any further questions or changes to contact information, please feel free to reach out to our team by filling out this form.