Nanyang Academy of Fine Arts

 
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Scholarships, Awards and other     Financial Assistance Schemes
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Internal Financial Assistance Scheme
External Financial Assistance Scheme
Study Loans
What Careers Await You?
Graduate Survey Findings
Frequently Asked Questions
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 organizations for latest updates or information.
 
The study loans currently available are :
 
Chinese Development Assistance Council (CDAC) Study Loan
Application Process
Application through Student Services Branch only. Shortlisted applicants are required to attend an interview.
Criteria
For Ethnic Chinese students who are pursuing full-time diploma course in Fine Arts, Interior Design, Multimedia, Visual Communications, Fashion Design or Fashion Merchandising and Marketing.
  Highest education not exceeding GCE ‘O’ level and above.
  Financially needy (* Total monthly household gross income not exceeding S$2000)
Citizenship
Singaporean / Singapore PR
Loan Amount
75% of course fee (exclude miscellaneous fees)
Application Period
Throughout the year
 
Mendaki Study Loan
Application Process
Please contact Mendaki office directly for information and application. 6245 5710 / www.mendaki.org.sg
 
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 in Fine Arts, Graphic Design, Interior Design, Fashion Design, fashion Merchandising or Marketing)
 
Financially needy (* Total monthly household gross income not exceeding S$2000)
Citizenship
Singaporean / Singapore PR
Loan Amount
70% of course fee (exclude miscellaneous fees)
Application Period
Throughout the year
 
Citibank Education Loan
Application Process
Please contact the bank for more information and application. www.citibank.com.sg
    6225 5225
 
Application form is obtainable from Student Welfare & Development Branch.
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
Loan Amount
Subject to loan quantum
Application Period
Ongoing
 
Maybank Education Loan
Application Process
Please contact the bank for more information and application. www.maybank2u.com.sg
    1800 629 2265
 
Application form is obtainable from Student Welfare & Development Branch.
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
Loan Amount
Subject to loan quantum
Application Period
Ongoing
 
POSB Further Study Assist
Application Process
Please refer to the website for more information and application. www.posb.com.sg
    Loy Seah : 97912970
 
Application form is obtainable from Student Welfare & Development Branch.
Criteria
At least 17 years old. A guarantor is required if you are below 21 years old.
Citizenship
Singaporean / Singapore PR
Loan Amount
Minimum $2000 loan.
Application Period
Ongoing
 
RHB Education Loan
Application Process
Please contact the bank for more information and application. www.rhbbank.com.sg
    Ng Chuan An : 9752 2088 / 6273 9168
 
Application form is obtainable from Student Welfare & Development Branch.
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
Loan Amount
Subject to loan quantum
Application Period
Ongoing
 
NTUC Income Study Loan
Application Process
Please contact the hotline for more information and application. 6510 2226/ 7 /8; www.income.com.sg/loans
 
Application form is obtainable from Student Welfare & Development Branch.
Criteria
Be at least 21 years old and an NTUC income Policyholder.
Citizenship
Singaporean / Singapore PR
Loan Amount
Subject to loan quantum
Application Period
Ongoing
 
NTUC Thrift Education Loan
Application Process
Please contact the office for information and application. 6238 0550 / www.ntucthrift.com.sg
 
Application form is obtainable from Student Welfare & Development Branch.
Criteria
Non-union members will be required to sign up for union membership upon loan acceptance.
Citizenship
Singaporean / Singapore PR
Loan Amount
90% of the course fee subject to a maximum of S$30,000
Application Period
Ongoing
 
D.E.W Credit Co-operative Limited
Application Process
Please contact the office for information and application. 6339 8600 / http://web.singnet.com.sg/~dewccl/
Criteria
Be at least 18 years and above, a DEW member; compulsory saving of $500;
 
Good character, not a bankrupt.
Citizenship
Singaporean / Singapore PR
Loan Amount
Depend on the types of membership
Application Period
Ongoing
 
Telecoms Credit Co-operative Limited (TCC) Education Loan
Application Process
Please refer to the website for more information and application. www.tcc.org.sg
Criteria
At least 21 years old up to 55 years
Citizenship
Singaporean / Singapore PR
Loan Amount
Subject to loan quantum
Application Period
Ongoing
 
For further enquiries, please approach the Student Welfare & Development Branch at Level 2, NAFA HQ or email us at studentwelfare@nafa.edu.sg.
 
All information correct at time of printing/publishing. The Academy reserves the right to modify the information/terms and conditions without prior notice.
 
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