An installment plan is a payment method where a person can pay an amount over a specified period of time (hulugan). Especially preferred kung malaki ang kailangan bayaran (mobile phones, appliances, tuition, etc.).
The Bukas Tuition Installment Plan is a reliable and hassle-free alternative tuition payment for students. Para maging mas magaan ang pagbabayad, Bukas can cover up to 100% of your tuition balance that you can pay in 12 months.
Kung magbabayad ka in installments, make sure to consider added charges like interest and other processing fees. That said, please take note that every Bukas installment plan includes a flat interest rate starting at only 1.5% monthly and a one-time 3% origination fee (service fee). Interest rates may also vary per school.
If you want in sample computation, you can check out our calculator.