Are you worried about how to bear your education expenses? Worry no more; apply for an education loan. Don’t let financing come in the middle of your dreams; we have got your back. Providing you loans up to six to seven times your monthly income.
We know how getting a degree in Singapore can be costly, and it gets even higher for studying overseas, but would you let the cost come in the way of your dreams? Allow us to take the load off your shoulders. Go forth and achieve the best that you deserve.
Education loans are loans that are borrowed solely for education to bear the expenses of education. Education loans finance post-secondary education or even higher education-related expenses. These loans are expected to cover all students’ expenses like books, tuition-free, and living expenses while the applicant/student continues his education.
We provide extra funds to students while they are enrolled and completing their education.
No hidden fee or any other charges; our system is transparent with the lowest possible processing fee.
We offer loans with a low-interest rate, and our interest system requires you to pay the interest fee on your loan during your study course.
We provide loans that cover all your education expenses.
Let us know when and how you can repay, and we will make a schedule of repayments according to your feasibility. The duration of repayment can extend up to 10 years.
The Education loans are only granted to those students who are permanent residents of Singapore or Singaporeans. Apart from that, the applicant/student may require a guarantor if;
Note: the guarantor must not have any bankrupt history.
To apply for education loans, please check the respective institute’s website because there are different loan schemes for different institutes.
Following Documents Are Required:
If you are a salaried employee, then provide any of the following documents.
In the case of self-employment, the applicant must be in their business for two years at least. Also, attach the copy of:
Effective interest rates E.I.R. are calculated based on the applicant’s approved loan amount and the duration of the loan.
No residential proofs are required for the applicants who have provided the same address as stated in their NRIC. But for those applicants whose addresses vary, proof of residential address is a requirement.
Documents that are accepted as proof of residents are;
Attach a copy of letters from the school stating the given address of the applicant. The letters must not be more than three months old.
Attach a copy of electricity or telephone bills or credit card or bank statements.
If the bills state the parent’s name instead of applicants, then proof of relationship must be provided, such as birth certificates.
We wish to see you succeed in life; no matter which field you belong from, you need to keep improving yourself and upgrading your knowledge. We know what stops you, and we are here to address your financial needs. Focus on your studies, and let us take care of the rest for you. Apply now and get the most affordable education loans at the lowest interest rates.