Maximum of $3,000 per semester depending on the monthly per capita income of applicant’s family

Undergraduates who have been selected for admission to an overseas SEP partner university.

The loans are interest free. The maximum repayment period is 3 years for loans up to $3,000 and 4 years for loans above $3,000. Repayment can be in one lump sum or in fixed equal monthly installments commencing not later than 3 months after graduation.

A guarantor is required. He or she must be a working Singaporean or Singapore Permanent Resident, above 21 years old and is neither a bankrupt nor a party to another agreement.

Download form here. Please submit at least 3 weeks before departure from Singapore.