Financing Options
Flexible payment plans and education loans.
These are loans — you pay them back
Unlike scholarships and discounts, financing options require repayment. Make sure you understand the terms before signing up. MMDC recommends combining scholarships and discounts first before considering loans.
Available financing
Bukas Tuition Installment Plan
by Bukas.ph
Full tuition coverage
Requires repaymentA tuition installment plan from Bukas.ph. This is a loan — you pay it back in monthly installments. Covers up to 100% of tuition.
How to get it:
- Apply online at Bukas.ph
- Get approved (usually within 24 hours)
- Bukas pays MMDC directly, you pay Bukas monthly
GCash Education Loan
by GCash (coming soon)
Up to ₱50,000 loan
Requires repaymentA loan of up to ₱50,000 for tuition through the GCash app. This is a loan — you pay it back. Coming soon.
How to get it:
- Check the GCash app for availability
- Apply through the GCash Borrow section
- Once approved, funds are disbursed to your GCash wallet
MMDC also offers direct payment plans
You can pay in full (no interest), or choose a 3-installment plan. Use the tuition calculator to see your exact breakdown.
View payment plansCommon questions
Can I combine scholarships and discounts?
Yes, with some rules. You can combine one MMDC discount (like Asenso) with one external scholarship (like City Scholarship or Abanse Negrense). Discounts don't stack with each other. Financing options like Bukas can be added on top of any combination.
Are there scholarships for my city or province?
MMDC has LGU scholarship partnerships with Bacolod City (City Scholarship — full tuition) and Negros Occidental (Abanse Negrense — up to 50% tuition). Check the [LGU scholarships page](/tuition-and-funding/lgu-scholarships) for details and eligibility.
Can I pay in installments?
Yes. MMDC offers three payment plans: Pay in Full (no interest), Bigger Start Lower Interest (40-30-30 split), and Smaller Start (20-40-40 split). Use the [tuition calculator](/tuition-fee-calculator) to see your exact payment breakdown.
How much does college actually cost?
At ₱1,435 per unit, a full load of 15 units costs ₱21,525 per term before discounts. With the automatic Asenso discount (20% off), that drops to ₱17,220 per term. Use the [calculator](/tuition-fee-calculator) to see your exact numbers.
Is Bukas a scholarship?
No. Bukas.ph is a tuition installment plan — it's a loan, not a scholarship or discount. You'll need to pay it back in monthly installments. Think of it as spreading your tuition across smaller payments rather than paying in one lump sum.
What if I can't afford a laptop?
MMDC has a laptop lending program that lets you borrow a device for the duration of your program. There are also financing options through Bukas.ph and GCash (coming soon) that can help cover device costs. Talk to the registrar about your situation.
What's the Asenso Scholarship?
Asenso is an automatic 20% discount on tuition for every MMDC student. Despite the name 'scholarship,' it's really a discount — you don't need to apply, and you don't need to maintain grades to keep it. It's applied automatically to your billing.