educational loan Archive

SSS fully allocates P7-B educational loan facility

The Social Security System (SSS) has announced that as of November 30, 2013, the P7-billion Educational Assistance (Educ-Assist) loan window has been fully allocated to about 59,600 student-beneficiaries of more than 55,000 SSS members who availed themselves of Educ-Assist loans. “By design, the Educ-Assist loan program has a finite funding capacity, and we have already [&hellip

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New SSS rule helps more workers qualify for education loans

The Social Security System (SSS) has relaxed its eligibility requirements to enable more members, especially minimum wage and low-income workers in Metro Manila, to borrow enrollment funds for college, vocational or technical courses under the Educational Assistance Loan Program (EALP) or Educ-Assist. SSS President and Chief Executive Officer Emilio de Quiros, Jr. said the pension [&hellip

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