Wednesday, January 27, 2021

Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

STI Launches Student Loan Program With Landbank

STI Launches Student Loan Program With Landbank

Spotlight

Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

For this school year, incoming college students and transferees at any STI campus nationwide can avail of loans through its student loan program in partnership with the Land Bank of the Philippines (LANDBANK) to help students and their families continue their education amid financial difficulties due to the COVID-19 pandemic.

STI Education Services Group, Inc. (STI ESG) has tapped into Landbank’s Access to Academic Development to Empower the Masses towards Endless Opportunities (ACADEME) lending program that aims to loan money to educational institutions, which schools can in turn re-lend to the students.

STI ESG Vice Chairman and CEO Monico V. Jacob said during the virtual signing on July 24, 2020 that the partnership allows the academic institution to extend its assistance to their students and their families who are currently dealing with financial difficulties by providing them loans for their education needs.

“Almost 70% of our students are supported by overseas workers, who are being repatriated during this pandemic, and the LANDBANK’s facility provides the much-needed relief. This also shows how committed we are to the education of our youth, and we are happy to work with LANDBANK to make sure our youth’s future will continue to be bright and hopeful,” Jacob said.

The Landbank-STI Student Loan Program is payable based on the maturity of the sub-promissory notes, but not to exceed three (3) years at no interest and with easy application process for the undergraduate students who are enrolled at any STI campus nationwide.

“STI ESG has also agreed not to pass on the 3% interest of this facility. We will absorb this cost, and we thank LANDBANK for being the first bank to offer a study now, pay later plan,” Jacob added.

Under the program, incoming college students and transferees this school year 2020-2021 can borrow up to PhP15,000 per term which will be credited directly to their STI campus. The loan amount is intended solely for defraying the cost of tuition and other school fees for a given term.

Launched in May 2020, the LANDBANK ACADEME Lending Program aims to provide credit support to private high schools, private technical and vocational education training institutions, as well as Higher Education Institutions (HEIs) such as colleges and universities, to aid students, through their parents or benefactors, in continuing their education, under a ‘study now, pay later’ program.

“We would like to thank STI ESG management team for putting faith in LANDBANK and our ACADEME Program to finance and ensure the enrollment of around 15,000 to 25,000 students in STI colleges and academic centers this coming school year,” said LANDBANK President and CEO Cecilia C. Borromeo.

LANDBANK allotted PhP3 billion for the program, which offers refinancing or rediscounting of promissory notes issued by the parents or benefactors of students for school loans. Eligible schools can borrow up to 70% of the sub-promissory notes on a per semester basis, and subject further to a maximum amount based on the school’s net borrowing capacity, with a very low fixed interest rate of 3% per annum that is payable based on the maturity of the sub-promissory notes, but not to exceed three (3) years.

Also present during the virtual signing were top officials of STI ESG namely Executive Committee Chairman Eusebio H. Tanco, Chief Finance Officer and Treasurer Yolanda M. Bautista, President and COO Peter K. Fernandez, VP for Corporate Finance Merliza D. Santos, and VP for Communications and MIS Elbert L. de Guzman, and LANDBANK’s Agricultural and Development Lending Sector Officer-In-Charge Senior Vice President Ma. Celeste A. Burgos.

The partnership is part of STI ESG’s plans to ensure the students’ learning continuity and development despite the challenges of the global health crisis. For the coming school year 2020-2021, STI developed the Online and Onsite Education or ONE STI Learning Model, a revamp of their existing online blended learning model that fosters a responsive and innovative learning experience by using digital tools and technology with onsite or on-campus hands-on practice and engagements to achieve the desired learning outcomes of the students.

To aid in the students’ connectivity, STI has also partnered with SMART Communications to provide students with a SMART GIGA Study data plan with an allotted 35GB per month for free. The institution also accepts Tertiary Education Subsidy grants and provides scholarship grants for students with GSIS family members and/or PAG-IBIG Loyalty cardholders.

STI is now accepting applicants for senior high school and college for the first term of the school year 2020-2021. For more information on the Landbank-STI Student Loan program, please visit https://studentloan.sti.edu.

OFWs Staying Put In Host Countries To Make A Living

Kumusta na kaya ang ating mga kababayan sa ibang bansa sa gitna ng pandemiya?

PH To Receive Covax Vaccines For 20% Of Populace: DOH

"Rest assured...No delays." said The Department of Health (DOH) that country will continue to receive vaccine allocation for 20 percent of the population from Covax.

Davao City Posts Highest Single-Day Record Of 105 Recoveries

Davao City has recorded 105 Covid-19 patients recovered in one day, the highest since the pandemic started.

Lapid Pushes To Integrate Internet Infrastructure In Gov’t Road Projects

Sen. Lito Lapid files a bill to integrate the construction of internet infrastructures in all government road projects.

Marikina Lauds MMDA’s Move To Prevent Future Flooding

What can the local government do to prevent future flooding in the city?

Cebu BRT Project Partially Operational Before Yearend: Tugade

Cebuanos can start to ride more modernized public transportations before 2021 ends!

Over 69K Individuals Get Free Swab Tests In Manila

Manileños Heads Up! Nakapa-swab test na ba ang lahat? Dahil may pa libreng swab testing si Mayor Isko Moreno sa kaniyang nasasakupan.

DOH Contact Tracers Arrive In Mountain Province

Contact tracers from the Department of Health (DOH) arrive in Bontoc, Mountain Province to locate the first and second level contacts of the 12 Covid-19 positives who were found to have been carrying the UK variant in the province.

PNP’s One-Stop Shop In MOA Part Of ‘New Normal’

PNP opens an extension office of the Civil Security Group (CSG) at the SM Mall of Asia (MOA) as part of the ongoing efforts to adjust to the "new normal," citing the benefit of the One-Stop-Shop.

PRRD Orders Galvez, Duque To Answer Senate Queries On Vax Deals

Iniutos ni Pres. Duterte na ipagpatuloy lang nina Sec. Galvez at Sec. Duque ang pagsagot sa mga katanungan tungkol sa Covid-19 vaccine.

Spotlight

Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

Lifestyle

The Life-Long Impact Of Brain Development In A Child’s First 5 Years

Interesting! Let's know how the first five years of a child's brain determines his success in the future.

Hendrick’s Gin Celebrates Love And Romance With The Perfect Pair This Valentine’s Day

Hendrick’s has something for you this coming Valentine's Day!

POND’S And Shopee Deliver ‘Smarter Skincare’ With First AI-Powered Chatbot

Customers can now interact with PONDS chatbot in Shopee as they launch their 'Smarter Skincare Just For You!'

Yellow Cab Introduces Its New Thin Crust Pizza, Starting At Just P249

New year new taste. Yellow Cab's New York Style Thin Crust Pizza is now available. The price starts at P249!

Entertainment

Award-Winning Film “Quezon’s Game” To Stream Worldwide On iWantTFC This January 27

Atin 'to! The historical movie "Quezon's Game" finally comes home to the Philippines and streams globally on iWantTFC beginning January 27.

Jamie Lends Her Voice For Inspirational Song “We Give Our Yes”

Diva Jamie Rivera's "We Give Our Yes" is the official song of the 500th anniversary of Christianity in the Philippines celebration.

“Godzilla Vs. Kong” Official Trailer Promises Battle For The Ages

We surely miss these gigantic scenes. Now "Godzilla vs. Kong," coming soon to Philippine cinemas this year!

More Stories

Award-Winning Film “Quezon’s Game” To Stream Worldwide On iWantTFC This January 27

Atin 'to! The historical movie "Quezon's Game" finally comes home to the Philippines and streams globally on iWantTFC beginning January 27.

13 Ilocos Region Bus Routes Resume Operations

The Land Transportation Franchising and Regulatory Board (LTFRB) now resumes point-to-point public transport in 13 modified routes.

Jamie Lends Her Voice For Inspirational Song “We Give Our Yes”

Diva Jamie Rivera's "We Give Our Yes" is the official song of the 500th anniversary of Christianity in the Philippines celebration.

Borongan City Eyes 90K Covid-19 Vaccine Doses

Borongan Mayor Jose Ivan Dayan Agda said the city plans to purchase the AstraZeneca vaccine, hoping to be included in the second batch of procurement.

IATF To Operationalize Inclusion Of Soldiers, Police’s Families

Presidential Spokesperson Harry Roque assured soldiers and police that government will also prioritize their families in the free vaccination drive.

Travel

Bicol Int’l Airport Now 72.2% Complete

Malapit nang magkaroon ng airport sa Bicol!

Vaccinated People Still Need To Follow Travel Protocols

Nabakunahan man o hindi tuloy-tuloy pa rin ang pagsunod ng travel health protocols, ayon kay Duque.

Panagbenga 2021 Postponed Due To Pandemic

Walang Panagbenga ngayong taon. 🙁

Radisson Hotel Group Rises Above Challenges To Add 84 New Hotels Across Asia Pacific

Radisson Hotel Group adds 84 new hotels and resorts, covering eight of its distinct brands.

Motoring

13 Ilocos Region Bus Routes Resume Operations

The Land Transportation Franchising and Regulatory Board (LTFRB) now resumes point-to-point public transport in 13 modified routes.

Over 421K OFWs Served Via ‘Hatid Tulong’

The Department of Transportation (DOTr) transports stranded OFWs in Metro Manila back to their provinces by the ‘Hatid Tulong’ government program.

Abalos Asks DPWH To Fix Lights On Major Roads

MMDA chairman Benhur Abalos requested the DPWH to fix street lights on major thoroughfares across the metropolis, citing commuters are in danger.