Student Loan Program

The UPOU Student Loan Program (SLP) is intended to provide financial assistance to qualified students of the UP Open University to enable them to complete their registration.

Nature of the Loan

The loan is only for paying the assessed matriculation fees (i.e, tuition miscellaneous and laboratory fees, and instructional materials fee)

The maximum amount of loan can be 100% of the total matriculation fees.

The loan is interest free, provided that the loan payment is made on or before the end of the term the loan was made as reflected in the academic calendar

In case of failure to pay within the due date, the principal loan balance incur a compounded interest of 0.5% per month.

Qualifications for Applying for the Loan:

An applicant must:

  1. Be a Filipino citizen;
  2. Be a student in a degree program;
  3. Not a recipient of any scholarships or grants that cover matriculation fees; and
  4. Be willing to abide by the terms and conditions of the SLP and the decision of the Student Loan Board (SLB), which is final and executory

Terms and conditions:

  1. Approved loan amount shall be an automatic payment of matriculations. There will be no cash out. The balance of the total assessed fees for the term shall be paid by the student on or before the last day of enrollment to be considered officially enrolled.
  2. A loan shall not incur any interest if payment is completed and received by UPOU on or before the end of the term the loan was made.
  3. If the student is unable to settle loan accounts by the final due date he or she shall be notified, together with his/her parents and/or guardians, of their past due obligations
  4. If the student fails to settle his/her account, the principal loan shall incur an interest of 0.5% per month on the compounded basis of the balance.
  5. If the student has an outstanding obligation, the provision of revised UC Article 431 shall apply.

Procedure in Applying for Loan

1. Download and fill out the SLP application form (UPOU SLP Form No. 1)

Do NOT leave any blanks. 

Students who will apply for a new loan but has an outstanding loan/s with the SLP need to accomplished the appeal form together with the SLP application form:

Appeal Forms:

2. Submit the filled out SLP application form or email scanned copy to [email protected] on the 1st day until 2nd day of the registration period.

3. Await for the decision of the Student Loan Board which usually meets two days after the last day of the loan application.

4. Notice of approved applications will be sent via email and will be available on the student portal.

If you have further questions or clarifications regarding student loans, feel free to email [email protected]

Additional Information:

A gentle piece of advice, you may opt to apply for a loan below 100% for easier and faster processing and earlier release of loan approval.

Those with 100% loan and with appeal will pass through the Dean’s Office for the Faculty Secretary’s initial and for the Dean’s approval.

Those with 100% loan with or without appeal will be endorsed to the Chancellor for the Chancellor’s approval. It takes us a while to release the result of applications because we are dependent on all the signatories’ availability.

Procedure in Paying the Loan

1. The payment is in installment or in full and should be made on or before the end of the classes of the term the loan is made reflected in the academic calendar.

2. The loan payment can be done through: (Please refer to the UPOU Payment Options and Procedures)

3. Email the scanned proof of payment containing the following information: Student’s Name, Program, and the Type of Payment (e.g. loan payment) to [email protected] and [email protected]