Loans

Loans

SIT administers a variety of loan schemes to assist students with the payment of tuition fees and other education expenses such as the Overseas Immersion Programme. Undergraduate students may choose to utilise any of the following loan schemes available for AY2016/17. 

SCHEME 

CITIZENSHIP

HELPS TO COVER  

 TUITION FEES

 LIVING ALLOWANCE

OIP 

TUITION FEE LOAN

 SC/SPR/IS*

Up to 90% of subsidised tuition fees payable by SCs 

N.A.

N.A.

SIT STUDY LOAN

10% of subsidised tuition fees payable by SCs

S$3,600 per academic year

N.A.

CPF EDUCATION SCHEME**

Up to 100% of subsidised tuition fees payable; up to 40% of CPF  member's Ordinary Account

N.A.

N.A.

OVERSEAS STUDENT PROGRAMME LOAN

SC/SPR

N.A.

N.A.

Up to 80% of full cost of OIP payable by SCs. Up to 40% of full cost of OIP payable by SPR.

NOTE:

*International Students (IS) must be in receipt of the MOE Tuition Grant (TG) in order to apply for loan schemes for payment of tuition fees. 

**Students (regardless of citizenship) must be in receipt of the MOE TG in order to apply for the CPF Education Scheme (CPFES).

Application Period for AY2017/18

LOANS

 05 to 30 June 2017

To be advised nearer to the OIP trip

23 May to 30 June 2017

 

 

 

 

 

 

 

 

For Frequently Asked Questions on loans.