Manila, Philippines – InvestEd, a student platform loan has announced that they will grant financial assistance to nursing students who are suffering financially.
InvestEd is a student loan company which offers loans to students from all socio-economic classes.
The company said that Php 7 million funds are allocated to nursing students who need help paying for their tuition, rent, gadget expenses, board exam, and other supplementary fees.
The Global Nurse Education Finance Initiative, which aims to support the education of 800 qualified nursing students in the Philippines with a P7 million education grant over the next five years has been extended by InvestEd.
The program, which was created in partnership with Johnson & Johnson Philippines, Inc., in July, began giving “loan forgiveness incentives” to nurses who would graduate and work in medical institutions around the nation. This program aims to raise the lack of healthcare professionals in the Philippines.
By decreasing socioeconomic barriers, InvestEd’s program seeks to secure the education of Filipino medical students.
Nursing students can borrow money from InvestEd’s revolving education fund, which is funded by Johnson & Johnson Philippines, Inc.
InvestEd offers financial assistance through Tuition fees, Allowances, Laptop, Dormitory, Project/Thesis, Internship/Ojt, Graduation fees, Board exams, and Vocational Study.
InvestEd Study now, Pay Later Plan
InvestEd uses a Study Now, Pay Later scheme, which allows students to finish their studies and then begin repaying after they have found a job. Students participating in the program will also have access to InvestEd’s Education-to-Adulthood digital coaching program.
To quote from InvestEd’s co-founder and CEO, Carmina F. Bayombong;
“A crucial aspect in the fight against present and future pandemics is that we secure the supply of our future frontliners,”
“The Alliance for Future Frontliners aims to ensure that our future frontliners acquire the financial and psychological support needed to reach graduation day and succeed in the noble work that they do.”
“One of the great things about this project is the exploration to do analytics on risk, success, and retention for nursing students,”
How to apply?
Here are the five steps to apply:
- Fill out the Loan Application
- Click here (Loan Application Form)
- Ready for 20 mins Phone Interview to verify your information (if qualified)
- Submit your Requirements (if qualified)
- Sign a loan agreement (if qualified)
- Receive your Loan proceeds.
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