Landbank expands student loan to cover gadget purchase for e-learning
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State-run Land Bank of the Philippines said it has expanded the coverage of its direct loan program for students to cover the purchase of electronic gadgets needed for online learning.
Under the enhanced I-STUDY (Interim Students’ Loan for Tuitions towards Upliftment of Education for the Development of the Youth) Lending Program, Landbank is now offering a loan of up to P50,000 per student to finance the purchase of learning gadgets such as laptop, desktop or tablet, that can be included in the maximum loanable amount of P150,000 per student or P300,000 per parent-borrower to cover payment for tuition or enrolment-related fees.
CALOOCAN CITY, March 3 (PIA) State-run Land Bank of the Philippines (LandBank) has expanded the coverage of its direct loan program for students to cover the purchase of electronic gadgets needed for online learning.
Under the enhanced I-STUDY (Interim Students’ Loan for Tuitions towards Upliftment of Education for the Development of the Youth) Lending Program, LandBank is now offering a loan of up to P50,000 per student to finance the purchase of learning gadgets such as laptop, desktop or tablet, that can be included in the maximum loanable amount of P150,000 per student or P300,000 per parent-borrower to cover payment for tuition or enrolment-related fees.