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wsoon Overseas University loan
Anyone knows if CPF is allowed for overseas study for my child.
If a loan is taken, can it be taken in my son's name or must it be under my name?
Replies
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The institutions recognized under the CPF Education Loan Sheme or Tuition Fee Loan are local UNIs. There is a Further Study Assist (FSA) loan by POSB that can be used for approved overseas schools and this can be under your childs name with you as a guarantor.