What is Bukas?
Bukas is an education financing company that provides affordable and secure student loans to Filipinos who are in college, graduate school, or specialized learning institutions. With the vision of building a better tomorrow for Filipino youths through quality, accessible education, Bukas works closely with top colleges and universities across the country to provide students with more options to finance their studies through its integrated student loans.
Why enroll at FEU-NRMF with Bukas?
As a third-party financing partner of FEU-NRMF, Bukas offers students an affordable and flexible payment option to pay for their studies in medical school. Instead of a one-time payment for your fees, paying through a Bukas installment plan allows you to pay in affordable monthly installments so you can allot your budget to your other needs.
✅ Up to 100% of your fees covered
✅ Low monthly interest rates
✅ One-time service fee
✅ Over 8,000 payment channels nationwide
✅ Dedicated customer support channels
How do the Bukas student loans work?
When you apply and get approved for a student loan, Bukas will pay your approved amount directly to FEU-NRMF. You will then have to pay your Bukas monthly dues for your preferred tenor or loan length. Depending on what works for your budget, you can choose between our 6, 9, or 12-month plans. Take note that every Bukas student loan at FEU-NRMF includes an interest rate starting at only 2.05% monthly and a one-time service fee ranging from 3-10%.
For example, if you need Php 50,000 for your program, you can get that covered by Bukas and pay only Php 5,316.67 every month. This computation is based on a 12-month Bukas plan with a 2.05% monthly interest and a 3% one-time service fee. Want to get an estimate based on your actual fees at FEU-NRMF? Try out our calculator!
If ever you want to pay off your student loan earlier than your original tenor, you can do that too! Since Bukas only charges interest for the months you consume your loan, you can save more by paying it off early. Bukas does not charge any early termination fee or other penalties so you don’t have to worry about extra fees added to your loan.
How to apply for a Bukas tuition installment plan?
Student Loan Process (Freshman and Transferee)
Step 1: FEU-NRMF Application Phase
1. Online Application: Fill out application form thru www.feu-nrmf.edu.ph
2. Complete Application Requirements: Gather necessary documents such as copy of Grade 11 Grades and Grade 12 (1st Quarter)
3. Payment of Application Fee
4. Entrance Examination or Interview: Examination or interview schedule will be sent via email
Step 2: FEU-NRMF Acceptance Phase
1. Acceptance: Letter of Eligibility for Admission will be sent via email. List of accepted applicants are also available in our website or official social media pages
2. Enrollment Requirements: Gather original enrollment requirements (hard copy)
3. Pre-Enrollment (On-site: Direct Enrollment): Submit original enrollment requirements for verification and request for permit-to-pay with the assessed fees, approved subjects and units to be taken for the term
Step 3: Application of Student Loan: Bukas PH
1. Application: Create your account at https://app.bukas.ph. Fill-out the application form. Upload all your requirements and documents ready. Wait for feedback and approval within 3-5 working days
2. Approval Notification: If the application is approved, the student will receive an approval notification via email or through the Bukas’ online portal
Acceptance of Terms:
a) Confirm your student loan agreement through your Bukas account. “Accept” the loan offer by signing the agreement electronically
b) Bukas will then disburse your approved loan amount directly to FEU-NRMF
Step 4: Payment of Tuition Fee and other fees
1. Student Loan Confirmation: Submit the permit-to-pay to IM Accounting. Inform the cashier that you will pay your tuition and other fees using the “approved student loan” from Bukas PHã
2. Issuance of Certificate of Matriculation: After your payment is confirmed and verified, obtain your certificate of matriculation from the Registrar’s Office. You are now officially enrolled
Student Loan Process (Old Student)
Step 1: Clearance
1. Completion of Documents/Clearance:
a) Regular Students: Student must complete all lacking documentation or no outstanding balance
b) Irregular Student: Visit your school coordinator for advising (e.g. consultation and approval of the subjects and number of units to be taken for the term)
2. Issuance of Permit-to-Pay: Secure permit-to-pay with assessed fees, approved subjects and number units for the term
Step 2: Application of Student Loan: Bukas PH
1. Application: Create your account at https://app.bukas.ph. Fill-out the application form. Upload all your requirements and documents ready. Wait for feedback and approval within 3-5 working days.
2. Approval Notification: If the application is approved, the student will receive an approval notification via email or through the Bukas’ online portal.
3. Acceptance of Terms:
a) Confirm your student loan agreement through your Bukas account. “Accept” the loan offer by signing the agreement electronically.
b) Bukas will then disburse your approved loan amount directly to FEU-NRMF
Step 3: Payment of Tuition Fee and other fees
1. Student Loan Confirmation: Submit the permit-to-pay slip to IM Accounting. Inform the cashier that you will pay your tuition and other fees using the “approved student loan” from Bukas PH. Student may present the signed agreement to Cashier
2. Issuance of Certificate of Matriculation: After your payment is confirmed and verified, obtain your certificate of matriculation from the Registrar’s Office. You are now officially enrolled.
