Pursuing higher education can be an expensive business. However, there’s no need to let money woes get in the way of your degree. To help lighten your financial burden, we’ve scouted around to put together this comprehensive list of the best education and study loans in Singapore.
Loans from: Banks
|Loan||Interest Rate (%)||Maximum Loan Amount||Maximum Loan Tenure||Age / Income||Guarantor Requirements||Monthly Instalment
(5-year loan tenure)
|DBS Tuition Fee Loan||Interest-free during course of study.
Charged at average prime rate of DBS, OCBC and UOB after graduation (about 4.75% currently)
|Up to 90% of subsidised tuition fees payable by Singapore students||20 years||No restriction||Aged 21-60.
Not discharged as a bankrupt.
|OCBC FRANK Tuition Fee Loan
(for NUS, NTU or NIE only)
|Interest-free during course of study.
Charged at average prime rate of DBS, OCBC and UOB after graduation (about 4.75% …