Singapore has one of the most advanced educational systems in the world. But even with government assistance and publicly funded universities, Singaporeans can expect to pay an estimated $93,854 for a 4-year university degree (AIA estimate).

We all know that an education usually pays off through higher salaries and better working conditions, but most of us don't have that kind of money. An education loan provides a much better solution to fund your education, compared to using personal loans or credit cards.

The loan you choose should match your ambitions. Are you planning on studying in Singapore or overseas? What kind of salary do you expect to make? Most experts recommend that you don't borrow more than what you expect to earn in your first year after graduating.

We at GET.com have listed many of the student loans available in Singapore to help you get a clear picture of what your options are.


  • FRANK Education Loan

    • For local private or overseas institutions.
    • Further your education and enjoy a low interest rate of 4.5% per year (EIR is 5.18% per year*).
    • Loan up to 10x your monthly income or $150,000 (whichever is lower).
    • Choose from three flexible repayment options.
    • Up to 8 years to repay.

  • FRANK Tuition Fee Loan

    • For NUS, NTU or NIE only.
    • Subsidises up to 90% of your tuition fee.
    • Up to 20 years to repay.
    • Invest with our Blue Chip Investment Plan or enrol in our Young Investor Programme while you study to get a head start towards financial independence.

  • DBS Study Loan - University

    • 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.

  • DBS Study Loan - Polytechnic

    • 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.

  • DBS Tuition Fee Loan - University / NIE

    • Up to 90% of the subsidized tuition fees payable by Singapore students.
    • 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.
    • DBS Remix Tuition Fee Loan Special: Sign up by 31 July 2015 and stand to win free air tickets!

  • DBS Tuition Fee Loan - Polytechnic

    • Up to 75% of the subsidized tuition fees 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.
    • DBS Remix Tuition Fee Loan Special: Sign up by 31 July 2015 and stand to win free air tickets!

  • DBS Computer Loan - University

    • Interest-free loan.
    • Up to 30 months repayment period which starts after course completion.
    • Minimum monthly repayment of $100.

  • DBS Computer Loan - Polytechnic

    • Interest-free loan.
    • Up to 24 months repayment period which starts after course completion.
    • Minimum monthly repayment of $100.

  • POSB Further Study Assist

    • Higher loan amount of up to 6x the combined monthly income of you and your guarantor (max.S$80,000).
    • Flexible repayment period between 1 to 5 years that best suits your needs.
    • No early repayment charges should you choose to redeem your loan before end of the tenure.
    • No cost for issuance of subsequent cheques.
    • POSB Further Study Assist Exclusive Promotion: Preferred institutions get promotional interest rate of 4.6%p.a.

  • Maybank Education Loan

    • Available for local and overseas studies.
    • Attractive interest rate from 4.78% p.a.*
    • Low processing fee of 2% on loan amount applies.
    • Loan of up to 8X your monthly income, or S$200,000, whichever is lower.
    • Flexible repayment period of up to 8 years (10 years for overseas studies).
    • Choice of repayment schemes available to suit your needs.
    • Fee waiver for up to 3 Cashier's Orders or Demand Drafts for payment of your tuition fees.
    • Celebrate SG50 with us! Enjoy 50% off the processing fee when you take up an Education Loan from 19 May to 31 August 2015, with a minimum accepted loan amount of S$50,000.

  • CIMB Education Loan

    • Finance the expenses attributable to a course of education, including tuition fees and the cost of accommodation, textbooks and computer equipment.
    • Low, attractive interest rate.
    • Flexible repayment schemes.
    • Minimum loan amount of S$1,000.
    • Finance up to eight (8) times of your monthly income or S$200,000, whichever is lower
    • Enjoy loan tenure of up to 10 years.
    • Unlimited Cashier's Orders to manage your loan disbursement.