PHINMA Launches 12 Month Tuition Installment Plans with Bukas

PHINMA has partnered with Bukas to offer students flexible tuition installment plans payable in 12 months. This new tuition payment program will provide students from PHINMA a more affordable way to finance their education through lower monthly payments.

What is the Bukas Tuition Installment Plan and how does it work?

The Bukas Tuition Installment Plan is an affordable and flexible way to pay for your tuition. Through the installment plan, Bukas covers up to 100% of the student's tuition upfront and allows them to divide their tuition payments into 12 monthly installments to better fit their family's monthly budget. For example, a P10,000 tuition fee can be converted into 12 monthly payments of P1,009 only.

Interest rates for the 12-month installment plans start at only 1.5% flat monthly interest per month and include a one-time service fee of 3%. In addition, students have the option to pre-terminate their plans or fully pay their plans before the end of the 12 months without any early termination fees or other penalties.

How much is the tuition coverage for PHINMA Education students? Can students apply every semester?

Bukas can provide full or partial tuition coverage for college and graduate school students enrolled in select PHINMA Education schools. Students can apply any time whether it is for enrollment, prelims, midterms, or finals. In addition, students who apply for tuition coverage this semester/term can still apply for additional coverage for the succeeding terms. Students can learn more by visiting our multiple installment plans page.

Who can apply for the Bukas Tuition Installment Plan?

College and postgraduate students from the following PHINMA Education institutions can apply for a Bukas Tuition Installment Plan:

• Araullo University
• Cagayan de Oro College
• Rizal College of Laguna
• Republican College
• St. Jude College
• University of Iloilo
• University of Pangasinan
• UPang College of Urdaneta
• Southwestern University

Students from these colleges and universities must also make sure to meet the eligibility requirements before submitting an application. Below are the requirements:

• Must be a Filipino citizen at least 18 years of age
• Must be enrolled in or about to enroll in an undergraduate or postgraduate program of the included PHINMA Education schools
• Must have a guardian or emergency contact at least 21 years of age living in the same household as the student

What documents do we need to prepare for a Bukas Tuition Plan?

For faster processing, you may prepare the following documents for upload. You can find the complete list of valid IDs here

1. Student or Government ID
2. Proof of Residence
3. Proof of income

How can PHINMA Education students apply for a Bukas Tuition Plan?

Applying for a Bukas tuition installment plan is fast and easy. The whole application process is done online and can be accessed via mobile phone. To apply, the student must do the following steps:

Step 1 - Register and complete your profile at app.bukas.ph/register

Step 2 - Fill-out and submit the application form. Wait at least 2 business days to get feedback via SMS or Email.

Step 3 - Once approved, login and confirm your application.

Step 4 - Once confirmed, your full payment will be disbursed by Bukas directly to the cashier’s office of your school. You will receive an SMS once it has been disbursed. Kindly wait 1-2 days for it to reflect on your student portal. Otherwise, you may follow-up directly with your school.

Step 5 - Your first monthly payment will be due 30 days after your tuition has been disbursed (see Step 4). You may login your Bukas account to check your monthly due and payment schedule. Payments to Bukas can be done online or over-the-counter via our bank and non-bank payment partners.

Managing your required revisions

There are times where your documents will be sent back for revisions. Check our tips below on how to properly revise your documents:

• Log to your Bukas portal here to make your revisions.
• Check your registered email address to see the instructions from our team. Please Carefully read and follow the instructions of our team to improve your chances of approval.
• Kindly wait 3-5 business days for feedback on your revisions. We will be reaching out to you via SMS or email.

Having a difficult time? Please see our application tips here!

Frequently Asked Questions:

1. I’m having trouble connecting my Facebook account. What do I do? 
   You have the option to skip this and start applying for a tuition installment plan. You may opt to complete these at a later time at your earliest convenience. 
   
2. I still don’t have a school ID. What do I submit?
   You may review our list of valid government IDs to see what you can use. If you still don’t have any of these, you can send an email to [email protected].
   
3. One of the revisions required on my account is that I need to change guarantor. Why do I need to do this? 
   Sometimes, as per assessment of the team, we require a different guarantor. Please kindly follow the instructions of our team to improve your chances of approval. 
   
   A guarantor is primarily responsible to pay for the borrower's tuition installment plan once approved and disbursed to the school. A guarantor can be residing outside the Philippines or working abroad. For any further questions, please feel free to reach out to us at [email protected]
   
4. I want to talk to a Bukas Representative
   We'd be happy to help you. You can schedule a call with us though this link: https://calendly.com/d/dvj-j4g-hq5
   
   For school related concerns, please kindly reach out to your school’s respective Center for Student Development and Leadership.