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Study Loans
Students may wish to take up the following Study Loans to help supplement their studies financially. These loans are not administered by NAFA and students are encouraged to approach the various organisations for more information.
Examples of study loans currently available are:
Citibank Education Loan
Maybank Education Loan
Mendaki Study Loan
POSB Further Study Assist
NTUC Thrift Education Loan
OCBC Education Loan
RHB Education Loan
HSBC Personal Loan
GE Money Personal Loan
For further enquiries, please approach the Office of Student Affairs (OSA), NAFA Campus 1 Wing A, Level 2. Email: studentaffairs@nafa.edu.sg | Tel: 6512 6132
Examples of study loans currently available are:
Citibank Education Loan
| Application Process: | Please contact Citibank for more information and application or call 6225 5225. |
| Criteria: | Applicant must be at least 21 - 55 years of age or Joint applicant / guarantor must be at least 21 - 55 years of age |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
Maybank Education Loan
| Application Process: | Please contact Maybank for more information and application or call 1800 629 2265. |
| Criteria: | Applicant must be at least 21 - 60 years of age or Joint applicant / guarantor must be at least 21 - 60 years of age |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
Mendaki Study Loan
| Application Process: |
Please contact Mendaki office directly for information and application or call 6245 5710 Application form is obtainable from the Mendaki web site and Wisma MENDAKI, 51 Kee Sun Ave, Off Tay Lian Teck Road, Singapore 457056. |
| Criteria: | For Malay or Musilim students who are pursuing full-time diploma course |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Maximum $5,000 or actual amount yearly (whichever is lower) |
| Application Period: | Throughout the year |
POSB Further Study Assist
| Application Process: | Please contact POSB for more information and application or call 1800 339 6666. |
| Criteria: | At least 17 to 50 years old. A guarantor is required if you are below 21 years old. |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
NTUC Thrift Education Loan
| Application Process: | Please contact NTUC Thrift for more information and application. |
| Criteria: | For NTUC Union members; non-members will be required to sign up for union membership upon loan acceptance |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
OCBC Education Loan
| Application Process: | Please contact OCBC for more information and application. |
| Criteria: | For single applicants with an annual income of at least S$24,000; for joint applications, joint applicant must be the main applicant's spouse, sibling or parent. All applicants must be 21 - 55 years old. |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
RHB Education Loan
| Application Process: | Please contact RHB for more information and application. |
| Criteria: | Age between 21 and 62 (as at end of loan tenure) |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
HSBC Personal Loan
| Application Period: | Please contact HSBC for more information and application. |
| Criteria: | For applicants with an annual income of at least $40,000; applicant must be at least 21 years old |
| Citizenship: | Singaporean / Singapore PR; foreign applicants must have an employment pass with validity of at least 1 year |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
GE Money Personal Loan
| Application Period: | Please contact GE Money for more information and application. |
| Criteria: | Applicant must have a monthly income of at least S$1,600 and 21 - 60 years old |
| Citizenship: | Singaporean / Singapore PR |
| Grant Quantum: | Subject to loan quantum |
| Application Period: | Ongoing |
For further enquiries, please approach the Office of Student Affairs (OSA), NAFA Campus 1 Wing A, Level 2. Email: studentaffairs@nafa.edu.sg | Tel: 6512 6132