Loans

SIT administers a variety of loan schemes to assist students with the payment of tuition fees and other education expenses such as living allowance and the Overseas Immersion Programme.

 

UNDERGRADUATE students may choose to utilise any of the following loan schemes available: 

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). 

Undergraduate Application Periods for AY2018:

Tuition Fee Loan (TFL)	04 June to 08 July 2018
SIT Study Loan (SIT SL)	04 June to 08 July 2018
Overseas Student Programme Loan (OSPL)	To be advised closer to the trip
CPF Education Scheme	01 June to 30 June 2018

 

 

 

 

 

 

POSTGRADUATE students may choose to utilise the following loan scheme available: 

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.

 

Students are encouraged explore the Frequently Asked Questions on loans for further information before submitting the appropriate applications.