LANDBANK Scholarship 2025: I-STUDY Loan Application, Requirements, Benefits

The Land Bank of the Philippines (LANDBANK) plays a vital role in providing Filipinos access to affordable education financing. While it is widely referred to as the LANDBANK Scholarship, the official program is actually called the Interim Students Loan for Tuition toward Upliftment of Education for the Development of the Youth (I-STUDY) Lending Program.

This initiative provides parents, guardians, or benefactors with a way to borrow funds for tuition and education-related fees. With a maximum loanable amount of ₱150,000 per student and up to ₱300,000 per borrower, the program ensures that financial challenges do not prevent students from pursuing their studies.

This comprehensive guide explains everything you need to know about the LANDBANK Scholarship (I-STUDY Loan) in 2025 — from eligibility, benefits, and requirements to loan terms, application procedures, repayment, and tips to maximize your chances of approval.

---

Overview of the LANDBANK I-STUDY Program

The I-STUDY program was designed as a student loan assistance package in response to the growing need for accessible education financing. Many Filipino families, especially during economic challenges, struggle to pay for tuition and school fees.

Through this program, LANDBANK supports:

• Parents and guardians who want to continue their children’s education.

• Private schools and institutions, by ensuring consistent enrollment.

• Students, by giving them the financial backing they need to focus on academics.

According to LANDBANK President and CEO Cecilia Borromeo, the program benefits both households and the education sector, creating a balanced approach to financial and institutional support.

---

Key Features of the LANDBANK Scholarship (I-STUDY Loan)

• Loan Amount: Up to ₱150,000 per student or ₱300,000 per borrower.

• Interest Rate: Fixed at 5% per annum.

• Loan Tenor:

  • Short-Term Loan (STL): Payable within 1 year (for preschool, elementary, and secondary students).

  • Term Loan (TL): Payable up to 3 years, inclusive of a 1-year grace period (for tertiary students).

• Loan Release: Directly credited to the school’s account to ensure payment goes toward tuition and fees.

• Repayment: Monthly amortizations auto-debited from the borrower’s LANDBANK account.

---

Eligibility Criteria

The LANDBANK I-STUDY Loan is open to parents, guardians, benefactors, and their student-beneficiaries.

Parents/Guardians/Benefactors

• Must be a Filipino citizen of legal age.

• Should have capacity to repay (stable income, employment, or business).

• Must have a good credit history (based on pre-COVID utility/credit card records).

• Must have resided in the same address for at least 2 years.

• Combined net monthly take-home pay (after loan amortization) must not fall below ₱20,000 per enrolled student.

• If over 60 years old or without repayment capacity → must have a co-borrower.

Co-Borrower (if applicable)

• Filipino citizen, not over 60 years old.

• Must show repayment capacity (employment certificate, business permit, or contract).

• Must have good credit standing.

• Must have lived at the same address for at least 2 years.

Students

• Filipino citizen, not more than 30 years old at time of application.

• Must be an incoming or continuing student in a school recognized by DepEd, CHED, or TESDA.

• Must not be a beneficiary of the Universal Access to Quality Tertiary Education Act of 2017 or other full scholarships.

• Must present a Certificate of Good Moral Character.

---

Loanable Amount

• Maximum ₱150,000 per student.

• Maximum ₱300,000 per borrower (if financing multiple dependents).

The loan is based on the school-issued assessment form, which outlines tuition and related fees.

---

Loan Tenor and Repayment Terms

• STL (Short-Term Loan): Payable in 1 year, best for preschool to high school students.

• TL (Term Loan): Payable in up to 3 years, with a 1-year grace period on principal (best for college-level students).

• Interest Rate: 5% per annum (fixed for the entire term).

• Repayment: Through automatic debit from the borrower’s LANDBANK deposit account.

---

Loan Release

• For STL: Released as a lump sum, credited directly to the school.

• For TL: Released per semester, credited directly to the school.

This ensures transparency and prevents misuse of funds.

---

Documentary Requirements

Before Loan Processing

For Parents/Guardians/Benefactors (or Co-Borrower):

• Duly accomplished LANDBANK loan application form.

• Certificate of Employment / Employment Contract (if employed).

• Latest 3 months’ payslips.

• Latest BIR-filed Income Tax Return (ITR).

• For self-employed: Business Permit and BIR-filed ITR.

• Valid government-issued ID.

• Proof of billing and two recent utility/service receipts.

For Students:

• Admission slip or enrollment form.

• Valid student ID or proof of enrollment.

• Certified True Copy of Grades (previous semester).

• Certificate of Good Moral Character.

• Official assessment of tuition and school fees.

---

Before Loan Release

• LANDBANK deposit account (repayment account).

• Updated schedule of fees for the term.

• Certificate of completion from the previous school year/semester.

• Signed authority allowing LANDBANK to access school records.

• Signed consent for credit information disclosure.

---

After Loan Release

Within 5 days of enrollment, submit:

• Copy of validated Enrollment Assessment Form.

• Bills Payment Slip (validated by teller).

• Valid student ID.

• Official Receipts of tuition and fees.

• Signed Authority to Debit Account.

Upon completion of the loan term, submit:

• Certificate of completion from the school.

---

Application Process (Step by Step)

1. Prepare all requirements (borrower + student).

2. Visit the nearest LANDBANK Lending Center.

3. Submit documents for loan evaluation.

4. Wait for credit investigation and approval.

5. If approved, LANDBANK releases funds directly to the school.

6. Borrower begins monthly amortization (debited automatically).

---

Tips for Approval

• Ensure all documents are accurate and updated.

• Borrower should maintain a stable job/business.

• Keep credit history clean (avoid bounced checks, unpaid cards).

• Apply early to avoid delays during enrollment rush.

• Choose a repayment plan within your financial capacity.

---

Common Mistakes to Avoid

• Submitting incomplete or outdated documents.

• Providing incorrect income details.

• Applying when already a full scholar (automatic disqualification).

• Missing required submissions after loan release (may affect next application).

---

LANDBANK Scholarship vs Other Education Programs

---

FAQs on LANDBANK Scholarship (I-STUDY Loan)

1. What is the LANDBANK Scholarship?
It refers to the I-STUDY Lending Program, a tuition loan that parents/guardians can use to finance a student’s education.

2. How much can be borrowed?
Up to ₱150,000 per student, maximum ₱300,000 per borrower.

3. What is the interest rate?
A fixed 5% per annum.

4. Can students apply directly?
No. Applications must come from parents, guardians, or benefactors.

5. Is there a grace period?
Yes. For college students, repayment starts after a 1-year grace period on the principal.

6. Who is not eligible?
Students who already benefit from CHED free tuition, TES, or other government scholarships.

7. Where to apply?
At the nearest LANDBANK Lending Center or LANDBANK branch.

---

Conclusion

The LANDBANK Scholarship 2025 (I-STUDY Lending Program) is one of the most practical options for Filipino families seeking affordable education financing. With low interest (5% per annum), flexible repayment terms, and direct payment to schools, the program ensures that financial difficulties don’t stand in the way of quality education.

Whether you’re sending a child to grade school, high school, or college, the LANDBANK I-STUDY loan can help secure their academic future. If you prepare requirements early and maintain repayment discipline, this program can be a reliable partner in education.

 Application Form