Philippine Daily Inquirer
3:37 pm | Monday, October 1st, 2012
PARTNERSHIP. Asian Life chair Eusebio Tanco with PWU president Francisco Benitez
MANILA, Philippines–Philippine Life Financial Assurance Corp. and Philippine Women’s University inked on Monday a partnership deal to make available salary loans from as low as P20,000 to as high as P300,000 to teachers wishing to pursue a Master’s degree in Education.
This deal expands the capability of Philippine Life – formerly owned by the ATR Kim Eng group under the brand Asianlife Financial Assurance Corp. – on the usage of the existing automatic payment deduction system with the Department of Education that had been in place since 1990.
The newly launched Empowering and Developing Great Educators (EDGE) Distance Learning Program allows teachers to avail of an education loan if they will enrol in the graduate distance education program offered by PWU.
“Philippine Life will continue to support teachers as we work towards expanding the current Salary Loan Insurance Program to reach CHED (Commission on Higher Education)-supervised school educators and employees and through the creation of new products and services, such as the recently launched EDGE Distance Learning program,” said Enrique Alberto, executive vice president and chief operating officer of Philippine Life.
The EDGE program offers Masters of Arts in Education, both thesis and non-thesis, major in Educational Management and Early Childhood Education/Pre-School Education.
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Tags: Business , Education , educational loans , Insurance , Phil Life , Philippine women’s university
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