Looking for a Study Loan in Singapore?
You arrived on this page because you were searching for a Study Loan in Singapore.
We understand that you are currently looking for a study loan to fund your studies.
Furthering your studies is extremely important to make sure that you will succeed in life.
Moreover, studies show that the median salary across all graduates are between $3,500 to $5,700.
That is why it is important for you to invest in your education.
With extremely quick loan approval timings of 30 minutes, no other company comes close to our loan approval timing!
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Why consider taking a study loan?
Warren Buffett once said this: The most important investment you can make is in yourself.”
Just think about this…
If you do not invest in yourself now, who will?
If you do not invest in your education to plot a better future, who will?
The truth of the matter is, a study loan is something that is essential to better your life’s prospects.
3 Things To Look Out For Before You Apply For Your Study Loan
Get the full tuition amount required for your studies
By budgeting out the amount it would cost for your university tuition fees, it will give you the appropriate amount required for your loan.
Discuss with your family or partner and finalize on the details
Sitting down and having a discussion with your family or partner is important to align your expectations of the study loan. It also ensures that all parties play a role in ensuring that your studies will go smoothly and the loan will be repaid in no time. This would also justify the need for taking up a study loan.
Prepare documentation and apply for the study loan
Documentation such as yours or your family member’s latest 3 months of payslip and yours or your family member’s identity card is required for the application of a study loan.
Frequently Asked Questions About Study Loans in Singapore
Yes, but strictly only for local universities. Overseas studies are not covered which is why it is important to consider taking a study loan.
It could cost anywhere between $100,000 Singapore Dollars to $250,000 Singapore Dollars. This depends on the programme that you are taking up
A study loan has an extremely low interest rate. It is important to ensure that you invest in yourself for a better financial future.
If your credit score is acceptable and you or your family member have a stable income, chances are you will be eligible for a study loan.
