Pay for your child’s college tuition fees in 6 up to 12 month installments powered by GGives.
Program Details
The GCash Study Now, Pay Later Loan Program powered by GGives is designed for parents and/or guardians supporting their child’s college education, as well as self-supporting students in need of financial assistance. It allows GCash users to settle their tuition fees and other school fees upfront directly to the school, with the flexibility to repay in affordable monthly installments.
Applicant Eligibility
The Study Now, Pay Later Loan Program is available for all fully verified GCash users who are supporting a student in the tertiary level or above. Those applying for the Study Now, Pay Later Loan Program will be the loan owner or loan holder and must fulfill the following criteria:
Be at least 21 years of age
Be a Filipino citizen
Have a fully verified GCash mobile number
Have a source of income & is able to provide a recent proof of income
Is supporting a student who is at least in tertiary level education or is the student themselves
May or may not be currently eligible to GGives or any other Fuse Borrow product
Must be in good credit standing for any Fuse Borrow Product (GGives, GLoan, GCredit)
The loan owner is responsible for managing the payments for the loan.
We will only accept one loan application per GCash user and one loan applicant per student. Only one student can be listed by the loan applicant.
All applicants for the Study Now Pay Later Loan Program are still subject to the review & approval of the GCash and Fuse team. GCash reserves the right and has the authority to conduct audits and/or to deny rewards for incorrect user data, fraudulent transactions, infringement on the terms of use, or other illegal actions as mandated by Philippine law.
Student Coverage
The Study Now, Pay Later Loan Program is in support of a student who fulfills the following qualifications:
Student must be at least 18 years old
Student must be an incoming freshman, a returning college student, a post-graduate student or a working student taking up certification courses
Student must be enrolled or planning to enroll in the ff schools:
Ateneo de Davao
Malayan Colleges Laguna
Mapua University
Mapua Malayan Colleges Mindanao
Mapua Malayan Digital College
National Teachers College
University of Nueva Caceres
Student must be a Filipino citizen
Note: Student must be able to provide photo of their ID
Tuition Coverage:
This Study Now Pay Later Loan Program grants the applicant or loan holder a special and upgraded GGives credit limit that can be used to pay up to 100% of tuition fees, miscellaneous fees and other fees paid directly to the school. The loan program offers an enhanced credit limit access that can only be used in the selected school as indicated on the applicant form.
Depending on the review by the GCash and Fuse team, the approved loan amount may differ from the loan amount requested on the application form. Approved applicants may view their approved GGives loanable amount/credit limit on their GGives dashboard in the GCash app.
The tuition payment can only be made via GCash Pay Bills and the approved GGives loanable amount is locked to the school selected on the form. The user may simply pay for their tuition fees on the GCash Pay Bills feature and select GGives as their payment method.
Loan Interest Rates and Other Details:
The GGives Study Now, Pay Later Loan Program has an interest charge applied depending on the loan holder’s chosen tenor. Choosing of the tenor or number of months to pay for the tuition happens upon tuition payment on the Pay Bills feature using the GCash app.
There are no other processing fees or origination fees charged to the loan holder. GGives Study Now, Pay Later Loan program also does not require any cash out from the loan holder in order to avail of the special installment plan loan.
INTEREST RATE CHARGES PER TENOR
Loan/ Credit Limit Offer Validity
The Study Now, Pay Later loan offer is valid for tuition payments directly to the school via GCash Pay Bills. If the approved credit limit offer is unused, it will expire after 2 weeks from the date the loan was granted to the user. The exact expiration date of offer can be viewed on the GGives dashboard of approved applicants.
Participating Schools:
The Study Now, Pay Later Loan Program is only available in the ff schools:
Ateneo de Davao
Malayan Colleges Laguna
Mapua University
Mapua Malayan Colleges Mindanao
Mapua Malayan Digital College
National Teachers College
University of Nueva Caceres
How to apply:
Interested applicants must scan the official QR code published.
Interest applicants must fill out all the required fields on the form. Kindly ensure all information provided is true and correct.
All applications are subject to review by the GCash and the Fuse team. There is no guaranteed approval for any applicant for the Study Now Pay Later Loan Program.
In case there are additional documents or revision of documents required, the GCash team may reach out to the loan applicant via xx @gcash.com
Once results are available, the applicant will receive a notification via official GCash channels.
If the applicant is approved for the Study Now Pay Later Loan, they may activate their GGives on the GCash app by tapping Borrow > GGives upon login.
What should I prepare before applying for the Study Now Pay Later Loan
Applicants must prepare the the ff details:
Year Level and Course of student
Terms with outstanding balance to be paid for
Total tuition amount needed
The ff documents are also required for submission upon application:
Student’s most recent student ID
Student’s most updated Enrollment Form, Certificate of matriculation or SOA (or document which states the tuition balance to be paid for)
Loan Applicant’s valid Government ID
Loan Applicant Updated Proof of Income (within 12 mos; up to 2 submissions)
How to pay for your child’s tuition with GGives:
To pay for your tuition and other school fees using GGives, you may do so by
Logging into GCash
Tap on “Bills” > Select biller category “Schools”
Select the school your child is enrolled in
Input and complete the necessary information on the Pay Bills page
Select GGives as your payment source
Choose your preferred payment tenor
View and sign your disclosure statement to complete your transaction
Yes, as long as the student fits the loan applicant qualifications then they can be both the loan applicant and the student supporting themselves:
Be at least 21 years of age
Be a Filipino citizen
Have a fully verified GCash mobile number
Have a source of income & is able to provide a recent proof of income
May or may not be currently eligible to GGives or any other Fuse Borrow product
Does not have an active/existing GGives loan still being paid for
Yes, as long as they fit the criteria to be a loan applicant.
No, the GCash number provided must be owned by the loan applicant who is connected to the student
Yes! If you would like to avail of a possible higher credit limit offer and better interest rates to pay for your or your child’s tuition fees, then you may still apply for the SNPL loan offer program.
For now, we will only allow one application per GCash user and each application can only be in support of one undergraduate/ postgraduate student
No, only college and postgraduate level students who are at least 18 years old can be covered by the Study Now, Pay Later loan program.
II. On the Loan Application Process
Applicants should receive a notification via official GCash channels within 7 - 15 days from the date of application submission
Loan applicants can submit the ff as their proof of income:
Last 3 Mos Payslip
Certificate of Employment that states monthly salary (dated within last 3 mos)
Payroll Account (screenshots that show most recent balances)
Bank Statements (dated w/in last 3 mos)
Income Tax Return of prev year (2316)
DTI Permit of Own Business (must be named under loan Applicant)
City Business Permit or Brgy Business Permit (must be named under loan Applicant)
(For OFWs) Employment Contract that states salary (dated w/in last 3 mos)
(For OFWs) Remittance Receipts (compilation of last 3 mos)
Yes! You may compile in 1 PDF file all other proof of income you have to support your application and submit them as your second proof of income on the form.
The tuition assessment form is any document/proof from the school or the school website that indicates the ff details:
School Name
Student Name
Student Year level & Course
Semester
Student Tuition Amount
This may be a screenshot from the school portal, an official email sent by the treasury team of your respective school or a statement of account.
Yes, simply submit the most recent ID available to the student.
Unfortunately, all applications submitted are final and edits can no longer be made. However, we may reach out to you via the email using the email address studynowpaylater@gcash.com to ask you to revise certain submitted documents as needed. You will be asked to submit via another googleform.
Our team may reach out to you using the email address studynowpaylater@gcash.com to correct some details or to revise certain submitted documents for your loan program application. While this does not guarantee approval of your loan application, this may increase your chances of getting approved. You will be asked to submit via another googleform.
III. On Loan Application Results
All applications need to undergo a review by the GCash and Fuse team and will be subject to approval. GCash and Fuse Financing Inc. reserves the right and has the authority to conduct audits and/or to deny rewards for incorrect user data, fraudulent transactions, infringement on the terms of use, or other illegal actions as mandated by Philippine law
You must first activate your GGives before you can use it, if you have not done so in the past. Login to the GCash app > tap Borrow tab > select GGives and follow the steps to activate it. If you had activated it before, there is no need to activate the product again.
Once activated, you may now view the approved credit limit offer and the loan offer expiration date on your GGives dashboard. To pay for your tuition using the GGives SNPL loan offer, you need to settle your tuition fees via GCash Pay Bills feature and select GGives as your payment method. Please note that the SNPL loan offer with the better interest rates will only apply to your selected school.
Unfortunately, no. Multiple loan application submissions will result in the same feedback. We will notify you for any more special offers and perks in the future.
IV. On Loan Offer Expiration
The SNPL Loan Offer will expire 2 weeks after your application is approved. You will no longer be able to use your upgraded GGives credit limit with the preferential interest rates, locked to the participating school of your choice.
If you previously had access or were eligible for GGives prior to applying to the SNPL Loan offer, then your credit limit should revert back to your original offer and any remaining credit limit may be used at any GCash-partnered stores. You will still be able to track your active SNPL loan in the MY LOANS tab in your GGives dashboard.
If you were previously ineligible for GGives before you applied for the SNPL loan pogram, then you will lose your access to use GGives once your SNPL loan offer expires. You will still be able to track your active SNPL loan in the MY LOANS tab in your GGives dashboard.
