Bukas, a tech-enabled education financing platform by its parent company ErudiFi, reported a milestone of funding over P500M worth of tuition for Filipino students in hopes of a brighter future.
Jon Robert Emlano, president of Bukas, said in a statement Thursday, Nov. 24 that the milestone was achieved after four years into its mission of bridging the education gap in the country.
Stemmed from the vision of building a better tomorrow for Filipino youth starting with affordable tuition loans, the student-first brand has helped over 15,000 students across 90 partner campuses nationwide, a proof of its consistent year-on-year growth.
The company’s growth also attests to the real demand for accessible education financing in the country. “Despite the pandemic the past 2 years, we've managed to continuously grow our portfolio. We're confident that we can scale the business to help even more students continue their studies for a better tomorrow,” said Emlano.
Having onboarded more partners this year including expansions in Bacolod and Zamboanga, Bukas broadens its reach to help more Filipino students. Partners in Metro Manila include De La Salle University, Centro Escolar University, Technological Institute of the Philippines, Adamson University, Mapua University, National Teachers College, Our Lady of Fatima University, Far Eastern University and FEU Tech among others. In line with the vision of delivering inclusive and accessible education, Bukas is also partnered with schools outside the metro including Saint Louis University, Cebu Institute of Technology-University, PHINMA Education, and University of the Visayas, and is looking forward to growing this list soon.
A student’s journey can be quite a rollercoaster ride– gruelling projects, suspenseful grade reveals, nerve wracking presentations, and on top of it all is the pressure to do well. Surviving the student life requires a strong support system, and Bukas is determined to be part of that for many young Filipinos.
Going beyond providing tuition loans, Bukas launched its “Kasama Ka Bukas” campaign (bukas.ph/kasama-ka-bukas) where students may expect help for their studies in more ways than one.
The Bukas Blog (bukas.ph/blog) offers a wide array of content from course, career, and financial literacy that can help students navigate through their journey.
To maximize each student’s learning, Bukas works together with partner schools to mount online and offline events that will help students discover more about their passions, seek advice to guide them on their path, and discover new opportunities to help enrich their lives.
Joined by the same vision of achieving a brighter tomorrow through education, Bukas reinforces the importance of one’s support system. Uplifted by inspiring stories and shared experiences, students, through an exclusive community, can come together to create valuable connections.
With Bukas showing no signs of slowing down, the team is determined to add more value to the lives of its students and partner schools, and overall improve the state of education in the country through education financing and beyond.
“Our goal next year is to be aggressive in covering more schools outside Metro Manila, providing better access to affordable financing across the country. We are also working on expanding our products and services to cater to more students and improve the user experience for the school admin and the students,” said Emlano.