How much do you require for an education loan?
Training costs depend on the university and the course you are attending. Following a more prestigious university, studying a specialized course such as law & medicine, or taking a postgraduate degree, would be more expensive. This could need an education loan that offers a more considerable maximum loan amount.
In what ways you can fund your university education?
Besides relying on family members who can assist your university education financially, other ways to finance your education are here:
Get a scholarship or bursary.
MOE Tuition Fee loan.
CPF Education Scheme loan.
Education loan offered by banks.
Personal loan (Read more: When to use a personal loan for education).
When are you starting to pay off your loan?
Most teaching loans allow you to start paying your loan after your degree. This also means that you are not interested in your studies. Please note that the faster you pay your loan, the fewer interest charges you pay.
Here’s a report with hints on how to clear study fee loans quickly for university graduates.