Financial Aid

Enderun's campus facilities feature hotel-quality appointments and integrated cutting-edge learning technologies that are in a class of their own.

Enderun Colleges provides students, who do not have the financial means to support their education, with the opportunity to avail of its international-caliber degree programs through its Work- Study and "Study Now Pay Later" Programs.

I. Study Now Pay Later (SNPL)

Background

Enderun is willing to invest on highly motivated students with leadership potential, excellent academic standing and with good prospects of succeeding in their chosen careers. The Study Now Pay Later (SNPL) program was created to financially aid deserving students who cannot afford to immediately pay the full tuition fees at Enderun. An SNPL loan of up to 50% of tuition may be applied upon enrollment which is payable after graduation with a spread of up to 8 years from first enrollment (maximum of 4 years in school and 4 years after graduation). A semiannual interest rate of 2.5% commencing on the date of the student's availment of the SNPL loan shall be applied (interest rate may vary each year upon renewal of the contract). The student will have the option to pay the total or partial amount of the SNPL loan while studying at Enderun. The student on SNPL program may also choose to pay off the loan partially through the Work Study program (see "Work Study" for further details).

Criteria To Qualify

SNPL beneficiaries must possess the following:

  • proof of financial need (ITR and Statement of Assets and Liabilities)
  • must be a permanent resident of the Philippines
  • excellent academic standing

Conditions to Maintain the Financial Aid

The financial aid will be reviewed every year, up to four years. Annual review will determine continuation, pre-termination or re-scheduling/change in conditions of the financial aid. Noncompliance with the financial aid standards will mean forfeiture of the benefit:

  • must comply with Enderun policies or regulations and Code of Discipline
  • must behave like an Enderun ambassador in compliance with the Code at all times
  • Behavior unbecoming of a scholar may result to immediate forfeiture of the financial aid
  • must maintain a cumulative Grade Point Average (GPA) of 3.0 or higher
  • must not have a grade lower than 3.0 in any subject
  • must be a full-time undergraduate student of Enderun Colleges (no under load)

All financial aid terms and conditions are subject to change with prior notice.

Application Process for Incoming Freshmen

The Financial Aid application forms can be obtained online or from the Admissions Executive. Completed application forms are to be submitted with requirements: essay on "Why I need financial aid" (300 words or less), two (2) academic references from high school teacher and guidance counselor, one (1) 2x2 photo, and parents' ITR.

Application and complete supporting documents must be submitted to the Admissions Executive on or before 16 January 2014.

An interview may be requested by the Scholarship Committee as part of the approval process.

II. Work Study Program

Background

The Work Study program is designed to financially aid students in partially paying their tuition while giving them the opportunity to gain valuable experience though the various student jobs available around campus. The Work Study program usually allows a tuition deduction of up to PhP 25,000 per semester for 180 hours of service rendered within the same period (equivalent to about 10 hours a week). Areas where a student may be assigned are front office, food and beverage service, banquet service, cafeteria, student services, peer tutorials, faculty assistance, career development and admissions.

Criteria to Qualify

The Work Study program is limited to qualified students who need financial aid. Those who qualify for the SNPL program may also avail of the Work Study program but the PhP 25,000 per semester is deducted from their loan instead of tuition.

Conditions to Maintain Financial Aid

The financial aid is renewable every year, for up to 4 years. Non-compliance with the financial aid standards will mean forfeiture of the benefit:

  • must comply with Enderun policies or regulations and Code of Discipline
  • must behave like an Enderun ambassador in compliance with the Code at all times.
  • Behavior unbecoming of a scholar may result to immediate forfeiture of the scholarship grant
  • must maintain a cumulative Grade Point Average (GPA) of 3.00 or higher
  • must not have a grade lower than 3.0 in any subject
  • must be a full-time undergraduate student of Enderun Colleges (no under load)
  • must render 180 hours of service in the assigned work area(s) per semester

All financial aid terms and conditions are subject to change with prior notice.

Application Process for Incoming Freshmen
The Financial Aid application forms can be obtained online or from the Admissions Executive. Completed application forms are to be submitted with requirements: essay on "Why I need financial aid" (300 words or less), two (2) academic references from high school teacher and guidance counselor, one (1) 2x2 photo, and parents' ITR.

Application and complete supporting documents must be submitted to the Admissions Executive on or before 16 January 2014.

An interview may be requested by the Scholarship Committee as part of the final selection process.

III. Survivors and Dependents Assistance (DEA)

Eligible dependents of veterans may avail of the Dependents' Educational Assistance from the United States Department of Veterans Affairs. Interested students may check the VA Website here: http://www.gibill.va.gov/post-911/other-programs/dea.html

To inquire about the aid programs, please contact: The Admissions Office admissions@enderuncolleges.com