Will I be granted the same Bukas All-Year Plan next semester?
As of now, you can only avail of a student loan for your previous & current semester’s tuition balance. If you wish to avail of a student loan next semester, you will have the option to do so during the next enrollment period.
NOTE: If you are approved for a higher amount than the needed tuition fee, the excess amount will carry over to the next semester's tuition.
However, please be advised that before PHINMA can do this, you have to settle your enrollment/down payment first directly with your school.
What will happen to my existing student loans with Bukas if I use Bukas All-Year Plans for PHINMA?
There will be no changes to your existing student loans. You will still need to complete your monthly payments. You can see your repayment dues and schedule once you log in to your Bukas account at app.bukas.ph.
You have the option to pay your previous student loans in advance or pre-terminate your existing contract to manage your finances better.
For tips on managing 2 student loans at one time, please see Now that I have more than one installment plan, how do I know how much to pay?
Note: This article is valid to ALL PHINMA campuses in the Philippines.