WE OFFER
IDEAS THAT RAISE YOUR BUSINESS ABOVE
THE EXPECTED

Loan365.pro

Tuition Fee Loan


Education Loans

Pursue your education worry-free with 0% interest!

Tuition Fee Loan

A government funded education loan that is offered by the local institutions and administered by DBS Bank to Singaporeans, Singapore Permanent Residents and Foreign students studying in the respective local institutions1

  • University / NIE 
  • Polytechnic
  • Up to 90% of the subsidized tuition fees payable by Singapore students.1
  • Interest-free during course of study, charged at average prime rate of DBS, OCBC and UOB after graduation.
  • Up to 20 years repayment period which starts after course completion.
  • Minimum monthly repayment of $100.
  • All students studying in any of the local universities/NIE are eligible for this loan if they do not fall into any category below:- Students receiving any Government/Statutory Board/any school scholarships which cover tuition fees- Students receiving full Tuition Fee Subsidy from MENDAKI- Students using CPF savings for payment of 100% of the subsidized tuition fees - Students on self-funded courses

    - Foreign students who are paying full fees (not eligible for any Tuition Fee Grant)

  • There is no income requirement and age restriction.
  • Aged between 21 to 60
  • Is not discharged as a bankrupt.
Student Guarantor

Singaporean

Singaporean

Permanent Resident

Singaporean / Permanent Resident

International

Singaporean / Permanent Resident / International


  • Maximum repayment period of 20 years
  • Repayment will commence no later than 2 years after graduation
  • Repayment of loan can be in one lump sum or by equal monthly instalments of minimum $100.
  • Fill up the application

    form and letter of offer.3

  • Together with guarantor, bring the following to any DBS branch- Application Form- Letter of Offer

    - NRIC / Passport (student and guarantor)

  • Up to 75% of the subsidized tuition fees1 payable by Singapore students.
  • Interest-free during course of study, charged at average prime rate of DBS, OCBC and UOB after graduation.
  • Up to 10 years repayment period which starts after course completion.
  • Minimum monthly repayment of $100.
  • All full-time subsidized diploma students studying in any of the local polytechnics are eligible for this loan if they do not fall into any category below:- Students receiving any Government/Statutory Board/any school scholarships which cover tuition fees- Students receiving full Tuition Fee Subsidy from MENDAKI

    - Students using CPF savings for payment of 100% of the subsidized tuition fees

  • There is no income requirement and age restriction.
  • Aged between 21 to 60
  • Is not discharged as a bankrupt.

Student

Guarantor

Singaporean

Singaporean

Permanent Resident

Singaporean / Permanent Resident

International

Singaporean / Permanent Resident


  • Maximum repayment period of 10 years
  • Repayment of loan can be in one lump sum or by equal monthly instalments of minimum $100.
  • Fill up the application form and letter of offer2
  • Together with guarantor, bring the following to any DBS branch- Application Form - Letter of Offer - NRIC / Passport (student and guarantor)

    - Letter of admission (for new student), student card (for existing student)

Thank you! We appreciate your feedback.


Category: Bank loan

Similar articles: