State-owned Social Security System (SSS) said its educational loans increased by more than half in the first semester of the year due to additional expenses incurred by students for flexible learning amid the pandemic.
In a statement on Friday, July 23, Aurora C. Ignacio, SSS president and chief executive officer said the pension fund disbursed over P115.53 million for educational loans in January to June 2021, up 52 percent compared with P75.78 million in the previous year.
Ignacio said over 6,500 applications for tuition financing assistance were received by the SSS in the first six-months.“Flexible learning during the new normal entails […]
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