DBP PARTNERS WITH SCHOOLS FOR STUDENT LOANS

Friday 5th of April 2013
ILOILO CITY, April 5 (PIA5) -- The Development Bank of the Philippines has launched a P2-billion lending scheme to qualified educational institutions for re-lending to deserving poor students. DBP-Iloilo Asst. Manager Ma. Juana Easter Senupe said the program, dubbed HELPS, or Higher Education Loan Program for Students, is a DBP loan facility through schools serving as conduits, where students can apply for loans. Senupe said schools should submit their letter of intent, stating the number of students they intent to avail of loans. “Each qualified school can avail of some P150 million loan, on an interest of 8-9 percent per annum...
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New SSS guideline helps more workers qualify for education loans
MANILA, July 19 (PIA) -- The Social Security System (SSS) reminds all members that it has relaxed its eligibility requirements for its Educational Assistance Loan Program (EALP) or Educ-Assist. In a statement posted on its website (sss.gov.ph), the agency said its new guidelines would enable more members, especially minimum wage and low-income workers in Metro Manila, to borrow enrollment funds for college, vocational or technical courses under the program. For his part, SSS president and Chi...
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SSS bares guidelines of P 7B educational loan facility
QUEZON CITY, May 10 (PIA) -- The Social Security System (SSS) on Wednesday announced the terms of its new P 7-billion loan window for college education and skills training, which is part of government’s efforts to enhance job prospects and ensure productive employment of current and future workers. SSS Officer-in-Charge Edgar Solilapsi said members earning P 10,000 or less a month can apply for the Educational Assistance Loan Program (EALP) to enable them or their dependents to defray enroll...
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