Bukas Finance Corp. is a duly registered Financing Company with SEC registration No. CS201901691 and Certificate of Authority No. 1199.
Please remember to study the Terms and Conditions in the Disclosure Statement before proceeding with any loan transaction.
Application Process and Requirements for Tuition Installment Plans
No lines and no forms to manually fill-out. Getting a Bukas Tuition Installment Plan is simple and fully online so you can seamlessly enroll in school and focus on achieving your dreams.
What are the requirements to become a Bukas borrower?
To apply for a tuition installment plan, you must fit the following criteria:
You, your co-borrower, and additional contact person must be Filipino citizens
We are on a mission to make education affordable for Filipino youths.
You must be at least 18 years old
We only grant installment plans to those of legal age.
You must be enrolled as an undergraduate or postgraduate student at one of our partner schools
We must ensure that you are currently enrolled at one of our partner schools.
You and/or your co-borrower will need to prepare your valid IDs, proof of residence, and proof of income.
Find here the valid documents you will need to prepare.
Getting started with your first installment
Convenient and hassle-free. Apply for your first tuition installment plan in just three easy steps!
Create an account
To create an account, you'll need to enter your mobile number and password. Make sure your phone is with you to verify your mobile and complete the registration.
Registration quick guide
Do you have a valid and active mobile number?
Upon registration, you will receive an OTP (One-time password) to verify your mobile number. Make sure you enter the correct number to complete this process.
Are you at least 18 years old?
You must be at least 18 years old to qualify for a Bukas installment plan.
Are you currently enrolled at one of our partner schools?
Only students about to enroll or are enrolled to one of our partner schools can qualify for a Bukas plan. For a full list of our partner schools, click here.
Need more help with creating an account?
Visit our Help Center
Set up your student profile
You'll need to fill out your student profile before you can get started on your application. Make sure you reach profile level 3 to be eligible to apply for a tuition installment plan.
Profile quick guide
What do I need to provide in order to apply for an installment plan?
For you to apply for an installment plan, you must provide all the required information. These include the following:
- Valid IDs from Borrower & Co-Borrower
- Proof of Residence from Borrower & Co-Borrower
- School Assessment Form for student
- Proof of Income from Borrower and/ or Co-Borrower
Note that additional documents may be required by our assessment team.
What is a Co-Borrower?
A co-borrower is an additional person, like a spouse, family member, or friend, who shares equal liability for the loan, which is a strict requirement.
What is an Additional Contact Person?
Your chosen Additional Contact Person will serve as your emergency contact. They must be a resident of the Philippines and at least 18 years old. They will need to provide their contact details, such as their mobile number and email address.
Need more help with setting up your profile?
Visit our Help Center
Submit an application
Submit an application and receive feedback within 3 to 5 business days. Once your application is approved, you'll need to review the details again and confirm before your payment is disbursed to your school.
Application quick guide
How much are the rates?
Our installment plans can cover up to 100% of the student's tuition. Our standard installment plan is payable in 3, 6, 9 or 12 monthly installments with a monthly interest rate that ranges from 1.90% - 4.90%, and a one-time origination or service fee that ranges from 4.5% - 10%. Note that payment terms and rates may differ per school. Check the applicable rates of your school. Go to the schools page here.
Important Note:
Computation is based on our standard starting rates. You will be informed of your final computation and rates once the results of your application has been released. Please make sure to check the approved loan terms and agreement before signing.
What documents do I need to apply?
You only need your student ID, a proof of residence and your assessment form (this can also be your tuition billing, school billing, registration form, SOA, COM, or a screenshot of your student portal).
I've submitted my application. What's next?
After you submit your application, it will take us 3 to 5 working days to process and provide feedback. Once you receive the installment offer, you and your co-borrower will need to confirm the agreement; you, the borrower will need to confirm the agreement on your Bukas account, while your co-borrower, will receive a signing link via SMS. Once you and your co-borrower completed the confirmation process, we will disburse the full tuition amount directly to the student's school in 1 to 2 business days.
In case your application needs revisions, kindly update your account and submit again to continue your application process.
Need more help with submitting an application?
Visit our Help Center
Can I still borrow for my next term even if I have an existing Bukas Tuition Installment Plan?
Yes! We’re here to help from start to finish. That means students who apply for an installment plan today can get additional coverage in the succeeding terms. Just make sure you pay for your monthly dues on time and apply early to avoid any delays.
Paying for your Tuition Installment Plan
Skip the lines and choose from a wide range of payment options for your monthly dues.
