Who is eligible for education loan?

There’s a few criteria you must meet in order to qualify for an education loan:

• You need to be a Singaporean or a Permanent resident
• You must have an income of at least $12,000 p.a.
• If you are not employed, your parents or a sponsor can apply for the loan on your behalf
• You can file a joint application with 2 or more sponsors
• Your loan guarantor should have an income of at least $30,000 p.a.