Students enrolled in Culinary Arts, Baking and Pastry, Food and Beverage and Housekeeping from MIHCA Manila, MIHCA Mandaluyong or MIHCA Cebu can now apply for 12-month installment plans.
You will need your proof of address, student ID (or a valid government ID) , your MIHCA registration form or proof of downpayment, your guardian's valid ID, your guarantor's valid ID and his/her proof of income.
Your guardian must be at least 21 years old and is currently residing in the Philippines. Your guardian must also have a contactable mobile number and an active email address.
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
Apply for a Bukas Installment Plan whenever you need it. Create an account, complete your profile and submit your application. Your application will be processed in 3-5 business days.
First-time borrowers can apply for partial or full tuition coverage for a specific term. Pay for your monthly dues on time to qualify for additional tuition coverage every term until you graduate.
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.
Before getting a plan, find out how much you need first (this is called your plan’s “Principal” amount). Do you need coverage for your full tuition? Or do you only need partial coverage? Sometimes it’s better to ask for partial coverage to minimize your monthly payments at the start. You can always add more coverage when you need it.
Now that you know what you need, you can now see how much you will have to repay. This will be bigger than what you asked for due to interest rates and the service fee (origination fee) charged to your plan.
Your first monthly installment will be due 30 days after the disbursement of your tuition. You can pay for your monthly dues online or over-the-counter at partner banks and non-bank payment centers nationwide.
You need to be a Filipino citizen, at least 18 years old and enrolled as an undergraduate or graduate student at one of our partner schools.
It takes around 3 business days after all documents have been submitted successfully and verification interviews are completed. Make sure you provide all necessary information to avoid any delays.
You can pay online or over-the-counter at major banks (BPI, BDO, UnionBank, RCBC, etc.) and non-bank partners (7-Eleven, Cebuana Lhuillier, M Lhuillier, Bayad Center, etc.) nationwide.