Academic Discounts and Student Loans
The College gives discounts to deserving students who excels in various academic and non-academic programs. Loans are also available to financially needy students and qualified students whose allowance for tuition is delayed due to force majeur or other unforeseen/unavoidable circumstances to pay their tuition fees.
Policy Guidelines and Conditions
1. Entrance Scholarships:
a. A Valedictorian enjoys a 100% Tuition Fee for one school year
b. A Salutatorian enjoys a 100% Tuition Fee for one semester
c. A 3rd to 5th ranking enjoys a 50% Tuition Fee for one semester
2. Entrance Examination Topnotcher:
a . Topnotcher – 100% Tuition Fee for one semester
b. 2nd Highest – 50% Tuition Fee for one semester.
a. Full Scholar – A student who obtains a weighted average grade of 94-96% and has no
grade lower than 87% enjoys a 100% tuition fee discount for one semester.
b. Half Scholar – A student who obtains a weighted average grade of 91-93% and has no
grade lower than 85% enjoys a 50% tuition fee discount for one semester.
c. Dean’s Lister – A student who obtains a weighted average grade of 87%-90% and
has no grade lower that 80% enjoys a 20% tuition fee discount fro one semester.
4. Activity Leadership Discounts
a. SML Officer 15 -20% Tuition Fee Discount
b. Highlights Editor 10 -20% Tuition Fee Discount
c. Cultural Club Members 10 -15% Tuition Fee Discount
d. Mr. & Ms Lorma 10% Tuition Fee Discount
e. Varsity Players 10 -20 % Tuition Fee Discount
Division Winners 25% Tuition Fee Discount
Regional Winners 50% Tuition Fee Discount
National Winners 75% Tuition Fee Discount
International Winners 100% Tuition Fee Discount
5. Family Discounts for 2 to 3 students from the same family enrolled at the same time:
a. First child 5% Tuition Fee Discount
b. Second Child 10% Tuition Fee Discount
c. Third Child 15% Tuition Fee Discount
6. Lorma College Employee – Supported Student:
A student who is not a dependent but fully supported by a Lorma College employee shall be granted a 10% tuition fee discount.
7. Cash Payments
A student who pays in full all his/ her fees for the semester upon enrollment will be given a 10% tuition fee discount..
8. Student Loans
This is a loan program extended to financially needy 3rd year, 4th year or graduating college students and to qualified students whose allowance for tuition is delayed due to force majeur or other unforeseen/unavoidable circumstances. Required documents: Request/ application letter, Barangay Clearance, 2×2 ID picture, and Latest Assessment to be submitted to the Scholarship Coordinator/Dean of Student Affairs to get an application form.
Types of Loans:
A: PGMA HELP LOAN – a short term loan payable in 3 months to be availed of by qualified students who cannot possibly pay their tuition on time because of force majeur;
B: SAFE LOAN – shall cater to financially needy students who are in their 3rd, 4th, 5th or graduating year of study. Qualified loan grantees can borrow as much as Eight Thousand Pesos (PhP 8,000.00) depending on individual circumstances and requirements.
C: STUFAP LOAN – are Commission on Higher Education Regional Office 1 student loans and grants offered to qualified students like Study Now Pay Later Plan. Application to this loan grant can be submitted to the CHED Regional Office No. 1, Sevilla, City of San Fernando. La Union.
9. CHED Scholarship Grants:
Regional Scholarship Program
National Scholarship Program
State Scholarship Program
Solo Parents and their Dependents
Scholarship Program for Indigenous Ethnic Peoples
Study Now Pay Later Plan
Study Grant for Congressional District
10. Other Scholarship Programs:
Overseas Workers Welfare Administration
Philippine Veterans Administration Office
Armed Forces of the Philippines Educational Benefit
Rufino N. Macagba Scholarship Program
Department of Science and Technology
National Commission on Indigenous Peoples
Note: Application to these scholarship grants are to be submitted to the respective agency together with the other supporting documents needed for screening. Once qualified, the Notice of Awards of qualified grantees will be sent to the school for the preparation of their Certificate of Enrollment and Billing and other documents needed by the agency.
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