by Rodel R. Marayan
The School of Graduate Studies (SGS) in partnership with Land Bank-Iligan Branch offers a deferred payment scheme for tuition and miscellaneous fees to attract more enrolees to the Institute’s graduate programs.
Paying full tuition has been the problem of many since state universities andcolleges (SUCs) in the country require students to pay the full amount upon enrolment. With this new payment scheme, the SGS aims to increase graduate student enrolees and give chances to financially-disadvantaged individuals in pursuing graduate degrees.
Presently students or future students can now enroll and pay their tuition throughthe use of a credit card with as much as P20,000.00 payable in five months with a 1.5% interest per month. They can also have a “declining balance” if they pay their tuition by instalment at the Land Bank.
Interested individuals can avail of this deferred payment scheme by filling out some forms available at the departments where their programs of study are offered. They need to bring these forms to Land Bank for the processing of the credit card. If a student has no existing bank account yet, he/she has to open an account with the bank, with a P500.00 maintaining balance.
An applicant may not be given a chance to avail of this payment scheme if he/she has negative records from other banks. Interested individuals may inquire about this payment scheme at the departments offering graduate programs or the School of Graduate Studies.