BDO
Personal loans from BDO up to ₱1,000,000
₱10K – ₱1.0M
Interest from 25.58%
Approval: 5-7 banking days
Student Loans in the Philippines
Comparing 13 offers. Updated April 13, 2026.
Best offers – Student Loan 2026
BPI
BPI personal loans up to ₱2,000,000 with flexible terms
₱10K – ₱2.0M
Interest from 25.60%
Approval: 3-5 banking days
Citibank
Citibank personal loans up to ₱2,000,000
₱10K – ₱2.0M
Interest from 30.90%
Approval: 3-5 banking days
Uploan
Salary-based loans up to ₱100,000 with low interest
₱5K – ₱100K
Interest from 0.50%
Approval: 24 hours
CIMB Bank
CIMB Bank personal loans up to ₱1,000,000
₱30K – ₱1.0M
Interest from 5.90%
Approval: 1-3 banking days
Home Credit
Home Credit consumer loans up to ₱50,000 with 0% interest
₱2K – ₱50K
Interest from 0.00%
Approval: 1 hour
Security Bank
Security Bank personal loans up to ₱2,000,000
₱25K – ₱2.0M
Interest from 29.48%
Approval: 3-5 banking days
Landbank
Landbank personal loans up to ₱10,000,000
₱10K – ₱10.0M
Interest from 10.00%
Approval: 5-7 banking days
Social Security System Loans
SSS loans for members up to ₱500,000 with low interest
₱1K – ₱500K
Interest from 10.00%
Approval: 5-7 banking days
UnionBank
UnionBank personal loans up to ₱1,000,000
₱10K – ₱1.0M
Interest from 2.00%
Approval: 3-5 banking days
Finbro
Online loans up to ₱50,000 with 12-month repayment
₱1K – ₱50K
Interest from 10.00%
Approval: 24 hours
Tonik Bank
Tonik Bank personal loans up to ₱50,000 with no credit check required
₱5K – ₱50K
Interest from 4.20%
Approval: Minutes
PNB
PNB personal loans up to ₱500,000 with competitive bank rates
₱10K – ₱500K
Interest from 1.25%
Approval: 3-5 banking days
Student Loans in the Philippines
Access to education financing in the Philippines expanded significantly in 2023-2024 with the launch of the National Education Loan Fund (NELFUND), a government-backed program that provides interest-free student loans for tuition fees and living allowances at State Universities and Colleges (SUCs) and Technical-Vocational Institutions (TVIs). NELFUND loans do not require a co-maker or collateral.
Aside from NELFUND, Filipino students and parents can access educational financing through SSS educational assistance loans, bank personal loans from BDO, BPI, or Metrobank earmarked for tuition, and private lending companies. Interest rates for commercial student loans typically range from 0.5% to 2% per month. Some lenders offer grace periods where repayment starts only after graduation.
When comparing student loan options, prioritize government programs first (NELFUND, CHED scholarships, SSS) as they offer the lowest rates and most flexible terms. If government options are not available or insufficient, compare private lenders on CoolFinance.ph. Always calculate the total repayable amount, not just the monthly installment, before committing to a loan.