Eligibility

All full-time students with CPF savings, or whose parents’, siblings’ or relatives’ CPF savings in their Ordinary Account have met the minimum requirement can apply for loans under CPF approved education scheme. You must check with CPF board if you have the required minimum CPF savings for paying tuition fees.

Loan Amount

Up to 100% of the subsidized tuition fees payable.

Period applicable

Provided CPF account has sufficient monies, the scheme can help to pay tuition fees for entire course.

The application period starts two (2) weeks before the start of each Semester, and is open for five (5) weeks. New students can apply during enrolment.

How to Apply

Apply online here (please ensure that you have obtained a SingPass before applying).

Other details to note

To find out more about the repayments and interest rates on the loan under the CPF education scheme, please visit the CPF website.

You can click here to get your answers from the frequently asked questions.