Depending on the Available Withdrawal Limit for Education, and other CPF rules, students may use their own CPF savings, siblings’, spouse’s and parents’ (including step-parents’) CPF savings to pay for up to 100% of their subsidised Tuition Fee, subject to approval by the CPF Board.

How to Apply

Singapore Citizens/ Singapore Permanent Residents

Submit an online application via the CPF Website. Students must have a Singpass.

* With effect from 1 April 2024, foreign students will not be eligible to participate under the CPF Education Loan Scheme.

Application Period

Semester 1: 15 Feb - 30 Apr
Semester 2: 12 Sep - 28 Oct

For more information

Refer to our Frequently Asked Questions page or login to CPF Website using SingPass and proceed to Other Schemes => Education Loan Scheme.

Note 1: For students who have applied for PSEA (Standing Order) and CPF Education Loan Scheme, please note that deduction will be made from PSEA first. Deduction from CPF account will start only when the fund in PSEA had been exhausted.

Note 2: If you intend to keep your fund balance in PSEA to pay for overseas trips during your course of study, please only submit the PSEA Standing Order application 1 month before the SOT period.

You would need to terminate the Standing Order instruction after your trip deduction is successful. Otherwise, once the Standing Order instruction is established, it will be used to deduct for all fees (excluding fines) including school fees.