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.
What are the requirements to apply for a Bukas installment plan at Global Academy?
To apply for an installment plan, you must fit the following criteria:
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You must be a FIlipino citizen at least 18 years old
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You must have been admitted in one of Global Academy's courses.
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You must have a Guarantor at least 21 years old with a source of income.
If this is the payment option for you, be sure to read up on the following:
How does the Bukas 12-month Installment Plan option work?
Once you choose Bukas as your payment option and you are approved for your 12-month installment plan, Bukas will pay for your program fees in full directly to Global Academy. You will have the benefit to pay for your program fees in 12 monthly installments, starting 1 month after the activation of your Bukas Installment Plan.
How do I avail of Bukas' 12-month Installment Plans
First, you must make sure you have completed the admissions process for your chosen program at Global Academy. Let the admissions officer know that you intend to pay for your program fee with Bukas' 12-month Installment Plans.
Next, once you are surely admitted into your selected program, you will receive an SMS from Bukas with a unique link for you to complete your Bukas application from. Make sure to complete the needed documents and necessary information.
Lastly, after 3-5 business days, expect Bukas to provide you with feedback on your application for your 12-month Installment Plan.
What are the required documents for a Bukas Tuition Installment Plan?
You need to prepare your proof of address, valid government ID, and your signed Global Academy student agreement. Also please prepare your guardian's valid ID, your guarantor's valid ID, and their proof of income.
Who can you elect as a guardian or emergency contact?
You will be required to provide a guardian or emergency contact who is at least 21 years old and currently residing in the Philippines. Your guardian must also have a contactable mobile number and an active email address.
Who can you elect as a guarantor?
A guarantor is someone who will be obliged with handling and taking care of the payments of the student. They must be ready to provide proof of income during your application.
You may choose from these three options when selecting your guarantor:
1. Have your guardian sign on as your guarantor
2. Sign on as your own guarantor (for working students)
3. Choose another guarantor apart from your guardian
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Pay in 12 Monthly Installments
After you confirm your Bukas installment plan, your tuition payment will be deposited directly to your school within 1-2 business days. Your first monthly installment will be due 30 days after disbursement. You can pay for your monthly dues online or over-the-counter at partner banks and non-bank payment centers nationwide.
How much is the interest rate for Bukas' 12-month Installment Plans?
Bukas' 12-month Installment Plans has a flat monthly interest rate of 1.5% and a one-time service fee for 3%.
Getting ready for your first installment plan (student loan).
What amount can Bukas cover for your Global Academy course fees? (This is the Principal amount)
Bukas will cover for your full fees at Global Academy. We will cover a fixed amount of Php 89,150 for online-only courses and Php 130,150 for blended courses.
How much will your monthly fees be? (with the interest and service fee)
Your repayments will include the monthly interest and service fee.
For the online-only courses your monthly dues to Bukas will only be Php 8,990.
For the blended courses, your monthly dues will be only Php 13,124.
When do you start paying your Bukas repayments? (Monthly dues)
Your first monthly installment will be due 30 days after the activation of your installment plan. You may keep track of when and how much you'll need to pay with our online payment tracker which you may view by logging into your Bukas account. You can pay for your monthly dues online or over-the-counter at partner banks and non-bank payment centers nationwide. See here for more details on how to pay.
We’re here to turn your dreams into reality
Our tuition installment plans are designed to be flexible and affordable. Now you can get your dream job and pay in a way that works for you!
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Bukas Quick Guide
Here are the frequently asked questions about Bukas.
How long does it take to get my application approved?
It takes 3 to 5 business days to get your application approved. Make sure you provide all necessary information to avoid any delays.
After I get approved, how long before my tuition is cleared with Global Academy?
Once approved, make sure you log in to your Bukas account to confirm your contract. Once confirmed, it should take 1-2 business days for us to clear your tuition with Global Academy.
How can I pay for my monthly dues?
You can pay online or over-the-counter at major banks (BPI, BDO, UnionBank, RCBC, etc.) and non-bank partners (GCash, 7-Eleven, Cebuana Lhuillier, M Lhuillier, Bayad Center, etc.) nationwide.
Our team is ready to help you with your questions
We’ve got your back. Our customer support team is dedicated to helping you with your concerns.
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