Why Consider a Loan for Education?
Education is an investment in your future — but it can come with upfront costs. An education loan helps you bridge that gap and focus on what truly matters: learning, growing, and graduating. A education loan helps you:
- 🧠 Fund tuition, certifications, and short courses
- 🌍 Cover overseas study programs
- 🛋️ Manage living expenses while studying full-time
- 💻 Get essential equipment like laptops and software
- 🎁 Exclusive rewards from SingSaver
How Can a Loan Help You With Your Education?
By using a personal loan for education, you can take care of tuition and course fees upfront — giving you the freedom to keep your savings for everything else that supports your student life, like flights, accommodation, learning tools, or relocation. It’s a smart way to ease financial stress so you can start strong, stay focused, and invest fully in your future.
Whether you’re enrolling in a local university, heading overseas, or pursuing private education in Singapore, these costs can quickly add up:
Please note that the cost examples shown are estimates and may vary based on individual circumstances and current rates.
So How Much Does An “Average” Education Costs? With Free Interest.
Imagine you’ve just received your local university admission and plan to finance your studies with a 5-year loan (repayment varies by provider). With Singapore’s GST at 9% (as of May 2025), here’s your cost breakdown:
Curated Personal Loan
Get up to S$1,499 when you apply for an UOB Personal Loan with instant approval!
| 🏷️ Receive a S$10 Shopee Voucher when you complete and submit an eligible application. T&Cs apply | |||||
|---|---|---|---|---|---|
| Provider | Highest Reward | Annual Interest Rate | EIR | Processing Fee | |
 |
Apply Now | 🎁 Apple iPad Air (worth S$1,429) | 2.22% p.a. | 4.22% p.a. | S$0 |
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Apply Now | 🎁 Apple iPhone 16 128GB (worth S$1,299) | 1.90% p.a. | 3.63% p.a. | S$0 |
 |
Apply Now | 🎁 Apple Macbook Air M4 256GB (worth $1,499) |
2.88% p.a. | 5.43% p.a. | S$0 |
 |
Apply Now | 💵 S$200 Cash |
3.45% p.a. | 6.50% p.a. | S$0 |
Trust Bank Instant Loan
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2 Offers Available
Valid until
02 June 2025
+ 9 other gift options
Valid until
01 June 2025
Gift Options
Loan Tenure From 36 month(s) and above + loan amount from S$20,000 and above
Gift Options
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$50,000 and above
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$30,000 to S$49,999
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$20,000 to S$29,999
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$15,000 to S$19,999
Loan Tenure From 36 months to 60 months + loan amount from S$10,000 to S$14,999
Loan Tenure From 36 months to 60 months + loan amount from S$8,000 to S$9,999
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.
-
Early repayment fee: S$ 15
-
Late repayment fee: S$ 100
1. Download the Trust App and navigate to the Instant Loan section
2. Fill out an application and submit all required documents
3. Wait for approval of personal loan
1. NRIC (Front & Back)
2. Salaried employees: Latest month’s computerised payslip or latest 6 months’ CPF contribution history statement
3. Self-employed individuals: Last 2 years’ Income Tax Notice of Assessment
4. Commission-based earners: Latest 3 months payslip or latest 6 months' CPF contribution history statement
Standard Chartered CashOne Personal Loan
2 Offers Available
Valid until
02 June 2025
+ 9 other gift options
Valid until
02 June 2025
Gift Options
Loan Tenure From 36 month(s) and above + loan amount from S$20,000 and above
Gift Options
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$50,000 and above
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$30,000 to S$49,999
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$20,000 to S$29,999
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$15,000 to S$19,999
Loan Tenure From 36 months to 60 months + loan amount from S$10,000 to S$14,999
Loan Tenure From 36 months to 60 months + loan amount from S$8,000 to S$9,999
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.
-
Early repayment fee: S$ 150
-
Late repayment fee: S$ 100
1. Go to Standard Chartered's website and click "Apply Now” button under Personal Loans
2. Fill out an application and submit all required documents
3. Wait for approval of personal loan from Standard Chartered
1. NRIC (Front & Back)
2. Salaried employees: Latest month’s computerised payslip or latest 6 months’ CPF contribution history statement
3. Self-employed individuals: Last 2 years’ Income Tax Notice of Assessment
4. Commission-based earners: Latest 3 months payslip or latest 6 months' CPF contribution history statement
UOB Personal Loan
2 Offers Available
Valid until
02 June 2025
+ 9 other gift options
Valid until
02 June 2025
Gift Options
Loan Tenure From 36 month(s) and above + loan amount from S$20,000 and above
Gift Options
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$50,000 and above
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$30,000 to S$49,999
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$20,000 to S$29,999
Loan Tenure From 36 month(s) to 60 month(s) + loan amount from S$15,000 to S$19,999
Loan Tenure From 36 months to 60 months + loan amount from S$10,000 to S$14,999
Loan Tenure From 36 months to 60 months + loan amount from S$8,000 to S$9,999
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.
-
Early repayment fee: S$ 150 or 3% of the outstanding Approved Loan Amount, whichever is higher
-
Late repayment fee: S$ 100
1. Click “Apply Now” on UOB's website
2. Fill out the application and upload all necessary documents
3. Wait for an offer from UOB
Note: Get instant approval and cash disbursed into your UOB accounts for applications submitted between 8am and 9pm
- NRIC (Front & Back)
- For salaried employees: Last 3 months’ computerised payslip; or Latest Income Tax Notice of Assessment with latest 1 month’s computerised payslip; or latest 6 months’ CPF statement (for Singaporeans or PRs)
- For self-employed persons: Last 2 years’ Income Tax Notice of Assessment
Citi Quick Cash Program with Ready Credit
2 Offers Available
Valid until
02 June 2025
Valid until
02 June 2025
Gift Options
Loan Tenure From 36 month(s) and above + loan amount from S$20,000 and above
Gift Options
Loan Tenure From 12 months to 60 months + loan amount from s$ 8,000 and above
Citi Quick Cash loan is drawn on your available credit limit in respect of your Citibank Ready Credit account. You are required to have a Citibank Ready Credit account to be offered a Citi Quick Cash loan.
By clicking on 'Apply Now', you will be applying for a Citibank Ready Credit account and for a Citi Quick Cash loan on such account. Minimum annual income to apply: S$30,000 for Singaporeans/PRs, S$42,000 for foreigners
To find out more about Citibank Ready Credit account and its related fees and charges, please click here.
The instalments from this Program are billed to the Citibank Ready Credit (RC) account monthly similar to a normal retail purchase.
If you pay or had paid less than the total amount due indicated on your credit card current or previous monthly statements of account on or before the payment due date OR did not pay the full minimum payment amount within 30 days from the relevant payment due date indicated on the Citi Ready Credit account, the instalments will be subject to the usual finance charges (fees or APR interest).
Please note that this Program will take more than the scheduled term to pay off in full if only minimum amount due is less than minimum amount is paid on your RC.
1. Head to Citibank's website and apply via SingPass MyInfo or manually filling in a form
2. Submit the required documents
3. Wait for approval from Citibank
1. A copy of your NRIC (front & back) or work permit (with minimum 6 months validity)
2. A copy of your utility bill, telephone bill, or bank statement with your name and address
3. Income Tax Notice of Assessment
4. Latest original computerised payslip
Here's Your Chance to Win Your Entire Loan Interest Paid For! 🎉
Step 1：Apply
Ensure your loan amount is at least S$20,000 with a minimum tenure of 3 years to be eligible.
Step 2：Submit
Complete the redemption form within 3 days of your application.
Step 3：Weekly Draw – Win Interest-Free!
Once your loan is approved, you’ll receive the SingSaver reward you selected during redemption — plus, stand a chance to have your full interest covered (worth up to S$3,000)!
T&Cs apply
Apply & Win
🕵️ 3 Tips for Choosing the Best Loan for Education in Singapore
Managing your student loan can be as challenging as finding a seat at a hawker centre during lunchtime, but with the right strategies, you can make it more manageable. These tips will help you stay on top of your finances.
Consider taking on part-time work to support your loan repayments.
Familiarise yourself with loan deferment and forbearance options.
Budgeting Strategies to track your income and expenses, prioritise necessities, and allocate funds for loan repayments.