Transcription of REVISED GUIDELINES FOR THE SSS EDUCATIONAL …
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REVISED GUIDELINES FOR THE SSS EDUCATIONAL …
Preferred term of the member-borrower in his/her initial Educ-Assist applicationScheduled term based on the Principal loan amount, as follows:Adjusted term, where the member-borrower must not be 65 years old or older at the end of the repayment term, or if not applicable, the maximum repayment term shall be one (1) term for existing member-borrowers without approved subsequent applications under these new GUIDELINES shall be based on their preferred term per their initial loan application. For new applicants covered by these GUIDELINES , the repayment term shall be determined upon consolidation of the account and in accordance with whichever is the shorter period of time among the after consolidation of the Educ-Assist loan, the SSS shall send a billing statement to the member-borrower either thru mail or electronic means.
implementing guidelines for its Educational Assistance Loan Program (EALP), otherwise known as EDUC-ASSIST. These new guidelines shall apply to new or initial applicants on wait-list status, as well as to existing Educ-Assist member-borrowers. The EALP has a revolving fund of P7.0 billion, which comes from both the
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