How to apply SSS educational loan online?

How to apply SSS educational loan online

How to apply SSS educational loan online?

To apply for the SSS educational loan online, you can follow these steps:

Step 1: Create an SSS Online Portal Account

  • Visit the SSS website: https://www.sss.gov.ph/
  • Click on “Register” and create an account using your valid email address and personal details.
  • Verify your email address by clicking on the link sent to your inbox.

Step 2: Log in to the SSS Online Portal

  • Go to the SSS website and click on “Login.”
  • Enter your registered email address and password to log in.

Step 3: Apply for a Student Loan

  • On the dashboard, click on “Loans” and then “Education Loan.”
  • Fill out the online application form with the following information:
    • Personal information
    • Educational background
    • Course details
    • School information
    • Loan amount (up to Php 150,000)

Step 4: Submit the Application

  • Review the application details carefully.
  • Click on the “Submit” button to submit the application.

Step 5: Wait for Processing

  • SSS will process the application within 15 working days.
  • You will receive an email notification regarding the status of your application.

Step 6: Pay the Processing Fee

  • If your application is approved, you will need to pay the processing fee.
  • You can pay online through the SSS website or at any SSS branch.

Step 7: Submit Requirements

  • After paying the processing fee, you will need to submit the following requirements:
    • Original and photocopy of your valid ID
    • Original and photocopy of your diploma or transcript of records
    • Certificate of Enrollment (COE)
    • School bill or tuition fee
    • Proof of SSS membership (if not a member)

Step 8: Loan Release

  • Once all requirements are complete and verified, your loan will be released within 30 working days.
  • You will receive the loan proceeds through your SSS online account or a check mailed to your address.

Additional Notes:

  • The SSS Educational Loan is available to qualified SSS members and their dependents.
  • The loan has a fixed interest rate and a repayment period of up to 10 years.
  • Defaulting on the loan can lead to penalties and legal consequences.

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