University of the Philippines Manila

P.Faura, Ermita
Manila 1000, Philippines

OSA Staff in - Charge
Linda Maniclang
Student Loan Board (SLB)

GUIDELINES ON STUDENT LOAN BOARD (SLB)
A freshman or sophomore student can borrow a maximum limit of 70% of the total fees per semester except student fund: a junior or senior, 80%; a graduate student, 85%. The student must have ready cash payment of the balance of the total tuition fees. Loans should be fully paid (including 6% interest p.a.) at one time or in three (3) installments before the final examination.
  1. Any bonafide UP Manila student STFAP bracket 5 to 9 and with no outstanding account with the Student Loan Board may apply for a loan.
  2. SLB form should be propersly and completely accomplished. Form 5 should be presented when application is submitted.
  3. The parents/guardians consent should be secured.
  4. Co-debtors should be permanent employees of the University of the Philippines Manila Each co-debtor will be allowed to guarantee at most three students.
  5. The witness of the co-debtor should be the Dean or Head of the unit where the co-debtor is employed.
  6. The promisory note shall be notarized.
  7. The chief of the Accounting Office will recommend the approval of the loan based on the perceived capacity to pay of guarantor.
  8. Final approval remains with the Director of Students of his duly authorized representative.
  9. When his application is approved, he must present approved form to the cashier's office when he pays his tuition.
  10. The loan must be paid on or before due date. Non- payment of loan will mean barring the students from registering for the term immediately following registration period.

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