PGMA/CHED Higher Education Loan Program (HELP)

Terms and Conditions

• The loan borrower must be financially needy college student whose allowance for tuition is delayed due to unforeseen / unavoidable circumstances.
• The loanable amount is for tuition fee only which shall not exceed one installment payment as indicated on the students certificate of matriculation. Should there be a need for the same borrower to avail of the loan again, existing balance must be settled first. The period of amortization shall not exceed 3 months.
• The combined income of parents of the loan borrower is not more than Php 200, 000.00 a year.
• The loan borrower should have a guarantor/co-borrower with SSS/GSIS identification number.

Disqualification

A student who has been the subject of any disciplinary action shall be automatically disqualified for scholarship or financial assistance regardless of his academic achievement. Please note that three (3) minor offenses are equivalent to a major offense.