SSS Educational Assistance Loan (Educ Assist Loan)

The Social Security System created the Educational Assistance Loan Program for workers and beneficiaries to borrow or lend money for enrollment, technical, and vocational courses. SSS has just liberalized its rules on educational plans to make it more accessible to the members. The agency also raised the eligibility cap for members who want to avail of the program.


If you are currently a college student or planning to enroll in college soon, but have limited funds, this is your chance to take advantage of the SSS Educational Loan Program. Known as EALP, the Educational Assistance Loan Program of the Philippine Social Security System aims to help students to go to college by providing financial assistance to pay for his or her tuition fee and other miscellaneous expenses.


The Educ-Assist program helps ease the financial worry that parents and family breadwinners face during school enrollment. Members benefit from Educ-Assist’s low interest rate of only six percent per annum for the SSS portion, which will be based on the diminishing principal balance until full payment, while the NG’s portion carries zero interest.


The National Government (NG) and the Social Security System (SSS) will fund the loan payment on a 50:50 basis. The member-borrower or beneficiary will shoulder any amount that exceeds the tuition fee and other miscellaneous expenses.


The check is payable to the school of the beneficiary. It shall be picked up by the SSS member-borrower of his/her authorized representative at the SSS branch where the Educational Plan application was filed or processed.




Eligibility requirements

  1. All currently employed, currently contributing self-employed or voluntary member.
  2. Member-borrower must have at least twelve (12) posted monthly contributions with at least one (1) contribution within the last three (3) months prior to the date of application for loan. If without one (1) contribution for the last three (3) months, member-borrower shall pay and present proof of payment.
  3. Member-borrower whose last posted Monthly Salary Credit (MSC) is P15,000 or below, provided that his/her actual monthly basic salary or income is not more than P25,000. Member-borrower who falls under MSC of P15,000, must present proof of actual monthly salary/ income of not more than P25,000.
  4. Members who are up-to-date in the payment of salary/ housing loan amortization. If with overdue amount, it must not exceed three (3) monthly loan amortization.



Covered Beneficiaries

  1. Member-borrower, legal spouse, child of SSS member (including illegitimate) and sibling of unmarried SSS member (including half-brother/ sister).
  2. Married member-borrowers are allowed to avail up to two (2) beneficiaries who shall be any of the following: member himself/ herself, his/ her spouse, his/ her children (legitimate or illegitimate).
  3. No substitution of beneficiary shall be allowed.



Amount of loan

Degree Course – Maximum of P20,000 per semester/ trimester/ quarter term or actual tuition/ miscellaneous fees, whichever is lower, rounded off to the next higher P100.


Vocational/ Technical Course – Minimum of 2 years. Maximum of P10,000 per semester/ trimester or actual amount of tuition/ miscellaneous fees, whichever is lower, rounded off to the next higher P100.


The loan shall be funded by National Government (NG) and SSS on a 50:50 basis. Any excess on the tuition fee and miscellaneous expenses shall be borned by the member/ beneficiary.



Interest Rate and Penalty

  1. NG portion – 0 interest
  2. SSS portion – 6% per annum based on diminishing principal balance until fully paid.
  3. A 1% penalty per month shall be charged for any unpaid amortization.


Required Documents

  1. SSS ID or two (2) valid IDs.
  2. Accomplished application form.
  3. Assessment/ Billing statement issued by the school of member/ beneficiary.
  4. Proof of monthly salary/ income: pay slip or pay envelope or employer’s certification (For Employed).
  5. Income Tax Return or affidavit of income (For slef-employed/ voluntary paying).



See the PDF below for a sample of the Application Form





Manner of Releases

  1. The check shall be payable to the school and shall be released to the member/ beneficiary.
  2. Subsequent loan releases shall be made upon submission of another accomplished application form and corresponding assessment/ billing statement from the school.
  3. Acknowledgement Receipt of Application Form shall be recognized by the school which shall serve as proof of loan availment by member-borrower. Validation by the SSS may be done to ensure the continuous schooling of the member/ beneficiary.



Repayment Terms

Degree Course – The term is up to five (5) years and loan payment shall start after 18 months for semestral courses, 15 months for trimestral courses or 14 months and 15 days for quarter term courses from the scheduled last release date or from the date of last release for those who will not avail of the subsequent releases.


Vocational/ Technical Course – The term is up to three (3) years and loan payment shall start after 18 months for semestral courses or 15 months for trimestral courses from the scheduled last release date or from the date of last release for those who will not avail of the subsequent releases.



Eligible Schools

The school must be accredited by the Commission on Higher Education for degree courses and Technical Education and Skills Development Authority for vocational/ technical courses.

Other conditions

  1. SSS number shall be issued to a non-member beneficiary for the purpose of tracking him when he is employed in the event of delinquency by the member-borrower.
  2. The SSS reserves the right to require additional documents as deemed necessary.
  3. All semestral/ trimestral/ quarter term releases shall be consolidated at the end of one year grace period after completion of the course or date of last release including the accrued interests from the actual dates of releases up to the date of consolidation. The consolidated amount shall be the principal loan to be amortized over the preferred term.





Contact information

Social Security System

SSS Building East Avenue, Diliman Quezon City, Philippines

SSS Trunkline No. 02 920 6401

SSS Call Center: 02 920 6446 to 55; IVRS: 917-7777;

SSS Email:


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