CPF Education Loan Scheme
Students who are pursuing full-time MOE-funded diploma courses or the MOE-funded degree courses offered by the Royal College of Music, and are eligible for MOE Tuition Grant (TG) can apply for a loan from their own or their parent’s CPF savings to pay for the tuition fees. (Note: if the student is not a Singaporean or Singapore Permanent Resident, he/she is required by CPF Board to provide a guarantor to support the application)
The total amount withdrawn for tuition fees plus accrued interest has to be repaid in full with cash to the CPF Board, one year after graduation or termination of studies, whichever is earlier.
To find out more about the CPF Education Loan Scheme, please refer to: https://www.cpf.gov.sg/member/faq/other-schemes/cpf-education-loan-scheme