STS Emergency Loan

Guidelines for STS Emergency Loan Application:

1. Applicant must be of good moral character and STFAP potential awardee with bracket assignment E2 who failed to meet the academic requirements for living and book subsidies. 
2. Applicant must be a bonafide student of U.P. without any outstanding STFAP loan. 
3. The co-debtor must be a relative of the borrower. UP employees cannot act as a co-debtor, except when said employee is a parent or guardian of the student 
4. An affidavit attesting to the need of the student and the willingness to pay the loan on the prescribed date must be executed by the co-debtor. 
5. The form should be accomplished properly and completely. 
6. The required documents such as student photo, ID card, and certificate of good moral character should be presented when the application is submitted. 
7. Any existing loan must be fully paid before a new loan can be granted. 
8. The approved loan shall be released in five equal monthly installments. For each release, the student must submit to the STS a certification from the College Secretary that the student has not applied for LOA or is not on LOA. 
9. The loanable amount is as follows: