Education Loans

Study Loan

Get extra financing to pursue your educational dreams!

Study Loan

 

Need more financing? Study Loan provides you extra funds while you are studying.

  • University
  • Polytechnic

Key Features

  • Up to 20% of the subsidized tuition fees payable by Singapore students and or up to S$3,600 annual living allowance.
  • Interest-free during course of study.
  • Interest, if applicable, charged at average prime rate of DBS, OCBC and UOB after graduation.
  • Up to 20 years repayment period for interest bearing loan and up to 5 years for interest free loan with repayment commencing after course completion.
  • Minimum monthly repayment of $100.

Eligibility

  • Undergraduates who have received financing of tuition fee payable by Singapore Citizens from at least one or a combination of the following:
    - Tuition Fee Loan
    - CPF Education Loan
    - MENDAKI Tertiary Tuition Fee Subsidy/Loan
    - Scholarship/grant
    - A fee subsidy/loan from a registered government agency

    For the full criteria to apply for Study Loan, please refer to respective institution's website for more details.

Guarantor

  • Aged between 21 to 60
  • Is not discharged as a bankrupt
StudentGuarantor
SingaporeanSingaporean
Permanent ResidentSingaporean / Permanent Resident
InternationalSingaporean / Permanent Resident / International

Repayment

  • Up to 20 years repayment period for interest bearing loan and up to 5 years for interest free loan with repayment commencing after course completion.
  • Repayment will commence no later than 6 months after graduation
  • Repayment of loan can be in one lump sum or by equal monthly instalments of minimum $100.

Key Features

  • Up to 25% of the subsidized tuition fees payable by Singapore students and or up to S$2,000 annual living allowance.
  • Interest-free during course of study.
  • Interest, if applicable, charged at average prime rate of DBS, OCBC and UOB after graduation.
  • Up to 5 years repayment period for interest bearing loan and up to 2 years for interest free loan with repayment commencing after course completion.
  • Minimum monthly repayment of $100.

Eligibility

  • All full-time Singapore Citizens or Permanent Residents diploma students studying in any of the local polytechnics are eligible for this loan if they have taken up the following schemes:
    - Tuition Fee Loan Scheme
    - MENDAKI Subsidy Scheme/Loan
    - CPF Education Scheme

    For the full criteria to apply for Study Loan, please refer to respective institution's website for more details.

Guarantor

  • Aged between 21 to 60
  • Is not discharged as a bankrupt.

For the full criteria for guarantor, please refer to respective institution's website for more details.

How to Apply

  • Please refer to the respective institution's website for application.

Note

  • There are different loans from different institutions.
  • For Terms & Conditions please refer to the respective institution website.

    For Study Loan customers who do not have a deposit account or any other existing relationship with DBS, please note that DBS Bank’s Privacy Policy, as may be amended, supplemented or substituted by DBS Bank from time to time shall be binding on you. DBS Bank’s Privacy Policy can be obtained by (a) downloading a soft copy from DBS Bank’s website (DBS Bank’s website at http://www.dbs.com/privacy/default.page);or (b) obtaining a hard copy from a DBS/POSB branch