The University of the Philippines Student Loan Program grants students who are in need of financial assistance during enrollment and while studying in UP. Interested students must apply personally at Room 305, 3rd floor Vinzons Hall, UP Diliman.
The OSSS performs an important role in providing students with a better access to UP through its financial assistance programs. To optimize the benefits of these programs, the UP students are advised to assess their needs and form a plan so the OSSS can provide the right financial assistance services.
If you are a UP student in need of financial assistance, you should create a cash flow plan so you can determine your cash flow requirements prior to availing any of the financial assistance programs offered by the OSSS. The cash flow shall show the expenses related to your tuition and school fees; board, lodging and other fees; and school project costs.
After computing these items, you can plot them in a table to determine your cash flow requirements for the entire semester. When you complete the table, make an assessment to identify the items where you need an additional support or financial assistance. The student must also take note of the items which they can afford but needs to defer in other months of the semester so they can settle them in full.
To match the cash flow requirements, the OSSS classified its financial assistance programs based on the type of economic needs they can address into three groups: Programs that provide additional subsidy for tuition and school fees at the start of the semester, programs that provide living allowance on a month or semestral basis, and programs that defer cash payments to different periods during the semester.
Tuition Fee Loan
Up to 100% of assessed fees (except student fund) upon approval of the Chancellor. All Diliman students are welcome to apply except cross enrollees and those taking up CPE courses.
Loans shall bear the interest at the rate of 6% per annum from the dates on which they were made. Interest shall be waived on loans paid within 4 months. You may be the amount due only or full anytime.
Short Term Cash Loan
P3,000 per semester, only to enrolled Filipino undergraduate and graduate students. Loan charges 0.5% interest per month.
An P18 service charge per semester is collected. Amount due plus service charge must be paid a month before the finals.
CHED – Student Assistance Fund For Education (SAFE) Loan
P5,000 per semester, must be undergraduate Filipino students with good moral and scholastic standing. Interest is 6% per annum, service charge is 3.5% per annum. The amount due plus service charge must be paid a month before the finals.
CHED – Centers of Excellence (COE) Student Loan
P5,000 per semester, must be undergraduate students with good moral and scholastic standing. Interest rate of 6% per annum, service charge of 3.5% per annum. The amount due plus service charge must be paid one month before the finals week.
UPAA Sacramento & Vicinities, USA (PAASV) Student Loan Fund
P5,000 per semester, must be undergraduate Filipino students with good moral and scholastic standing. Interest rate is 6% per annum, service charge is 3% per annum. The amount due plus service charge must be paid one month before finals week.
How to apply?
Present the assessed UP Form 5 to the OSSS Student Loan Section to get an application form.
Accomplish the application form and attach the assessed UP Form 5, 1×1 ID photo, GSIS/SSS ID of parent as co-debtor, and the photocopy of student’s UP ID card.
Submit the application form and the requirement to OSSS.
OSSS returns form 5 as well as the loan check.
Present the loan check and the form 5 to the cashier’s office for tuition payment.
Further reading, http://osss.up.edu.ph/content/loan/
Programs that provide additional subsidy for tuition and school fees at the start of the semester. These include the STFAP and UP Scholarship Programs that subsidize tuition and school fees.
Programs that provide living allowance, on a monthly or semestral basis. These include Scholarship Programs that provide allowances, Student and Graduate Assistantship Programs, and Adopt-a-Student Program.
Programs that defer cash payments to different periods during the semester. These include loan facilities covered by the Student Loan Program.
After learning about the attributes of the OSSS programs, you need to create a plan on how the Office can help you address your needs. Based on the programs you have identified, you can plot the benefits you can likely receive if you qualify for the program.
For example, assume you will qualify for STFAP Bracket D and a private scholarship program that will give you P15,000 at the end of the semester.
After completing the table, the student and their parent/guardian can then make an assessment to determine if the benefits from the OSSS programs are sufficient to augment their college budget for one semester in UP.
To validate the feasibility of the financial assistance package, you must visit the OSSS during office hours from Monday to Friday. You may inquire with scholarships and financial assistance personnel from the different divisions of the Office to determine if your financial assistance package is adequate and to ask for alternative strategies to improve your proposal.
Submit your application to
Office of Scholarships and Student Services
The University of the Philippines Diliman
Room 302 Vinzons Hall
Roxas corner Shuster Avenue, Quezon City
Metro Manila 1101, Philippines
Telephone: local 4506