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.

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Magsaysay Center for Hospitality and Culinary Arts

Who can apply for a tuition installment plan in Magsaysay Center for Hospitality and Culinary Arts?

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.

MIHCA - Mandaluyong

MIHCA - Cebu

MIHCA - Manila

MIHCA - Mandaluyong Location

Website City of Mandaluyong, Metro Manila, Philippines

MIHCA - Mandaluyong Contact Details

MIHCA - Cebu Location

Website Cebu City (Capital), Cebu, Philippines

MIHCA - Cebu Contact Details

MIHCA - Manila Location

Website Ermita, Metro Manila, Philippines

MIHCA - Manila Contact Details

What is the process to apply for a Bukas tuition installment plan at Magsaysay Center for Hospitality and Culinary Arts?

To apply for an installment plan, you must fit the following criteria:

  • Checkmark circle outline - Icon You, your co-borrower, and additional contact person must be Filipino citizens residing in the Philippines
  • Checkmark circle outline - Icon You, your co-borrower, and additional contact person must be at least 18 years old
  • Checkmark circle outline - Icon The student must be enrolled at Magsaysay Center for Hospitality and Culinary Arts
  • Before you get started, make sure you’re familiar with the process and have all the necessary requirements.
    What are the eligibility requirements?

    You will need your proof of address, student ID (or a valid government ID), your MIHCA registration form and proof of downpayment.

    Either the borrower or co-borrower, or both, will need to provide a source of income. (list of valid proof of income).

    How can I use OFW remittances as income source?

    Overseas Filipino Workers cannot be considered a co-borrower. Kindly nominate another relative/friend who would sign the agreement as your co-borrower.

    If you or your co-borrower receives funds from an OFW, we recommend that you nominate the receiver of the remittance as the income earner, then input the OFW's income information.

    For example, if your father is an OFW and the recipient of his remittances is your mother, you can indicate that your co-borrower (mother) is the income earner and then put your father's income information.:

    • Source of Income / Listed Income Earner: The nominated income earner should be the individual whose name is listed as the recipient on the remittance slip.
    • Type of income: please select remittance
    • Business name: Company name where the OFW parent / relative works.
    • Industry, Address, and start date: Details of the OFW parent / relative
    • Monthly Income: Monthly remittance received.
    • Proof of Income: Proof of remittance. The receiver's name on the remittance slip should be the borrower or co-borrower.
    How do I apply?

    Register on our website using an active mobile number. Account verification, interviews and announcements will be made using this number so be sure it is your personal and working mobile number.

    Prepare your documents and submit your application.

    Revise your information if needed.

    Wait for feedback from our team.

    Do you have a co-borrower?

    A co-borrower is an additional borrower who can be a spouse, parent, sibling, or any family member, or even a friend, who will be equally liable for the loan. Both the borrower and co-borrower need to sign the contract, are equally responsible to pay the loan, and both will receive collection reminders.

    Having a co-borrower puts someone in a better position to manage a loan. Once your loan agreement is activated, the borrower will need to keep both individuals' information updated. (e.g. when updating mobile number, address, etc.)

    The co-borrower needs to prepare any valid ID (even school ID), one proof of residence, one proof of billing, and/or proof of source of income.

    Do you have an additional contact person?

    Your 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.

    Do you have the required documents?

    As the borrower, you will need to prepare your school ID (or any valid ID), one proof of residence, and your school assessment form. Either the borrower or co-borrower, or both, will need to provide a source of income. (list of valid proof of income).

Register and Apply Online

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.

Get up to 100% Tuition Coverage Every Term

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.

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 12-month tuition installment plans at MIHCA?

Tuition plans for MIHCA start at 1.9% interest per month with a one-time service fee starting at 3%. Submit an application at app.bukas.ph to know the specific rate and fees applicable to you!

Getting ready for your first tuition installment plan (student loan).
How much do you need? (Principal)

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.

How much will you pay back? (Interest and origination fee)

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.

When or how do you start with your repayments? (Repayment)

Your first monthly installment will be due at least 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.

We’re here to turn your dreams into reality

Our tuition installment plans are designed to be flexible and affordable. Get started today to join thousands of students using Bukas.

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Bukas Quick Guide

Here are the frequently asked questions about Bukas.

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What are the eligibility requirements?

For the borrower (or applicant), co-borrower, and additional contact person, they should all be a Filipino citizens and are at least 18 years old at the time of the application. For the student should be enrolled as an undergraduate or graduate student at one of our partner schools.

How do I apply for a Bukas installment plan?

Prepare the documents needed such as your proof of residence, valid ID, MIHCA proof of downpayment, registration form, and proof of income.

Complete the online registration and application on our website.

Check your application from time to time and revise your information if needed.

Wait for our feedback after all steps have been followed.

How long does it take to get my application approved?

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.

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.