S G CREDIT PTE. LTD. | Top Licensed Money Lender Singapore | Offering All Types Of Loan In Singapore

EDUCATION / STUDENT LOAN

By on March 4, 2020

Don’t Let Your Finances Limit Your Own / Your Child’s Career Options.

An education loan with S G CREDIT PTE. LTD.® can bring you one step closer to achieving your dreams.

In Singapore, university is usually regarded as a stepping stone to a hopefully lucrative career. Whether you enrol in NUS, NTU, SMU, SIM, MDIS, PSB Academy or an overseas or foreign university, that piece of paper you graduate with at the end of your course is supposed to boost your earnings in some way.

However, to earn money, you first need to spend money. University education, whether in Singapore or overseas, is not cheap. In Singapore, parents typically send their children to these three countries for further education: The United States of America, the United Kingdom, and Australia. Even though parents are excited about the benefits an overseas education can bring for their children, the financial implications are often daunting.  Such education costs go well into the six figures, and few can afford this just from their pocket. This is why an overseas education loan can be a huge lifesaver. Your child gets the education you have always hoped to give them, and you can pay for that education slowly over time.

At here S G CREDIT PTE. LTD., we believe the importance of education loans and want to ensure you or your child can pursue your choice of education with a peace of mind. We tailor your loan plan according to your needs.

Public Universities In Singapore

The local universities in Singapore are classied into public universities and private universities. The public universities are preferred by most Singaporeans because they are more recognized and the fees are highly subsidized by the Ministry of Education’s Tuition Grant. This subsidy can cater for up to 80% of the fees. However, it should be noted that this grant can only be used once. If you have used it to nance a previous course, you will not be able to use it for a second course.

Below is a list of the public Universities in Singapore and an estimate of the tuition fees of some courses:

Features of Loan

  • Borrow Loan Amounts up to : Up to $40,000 for Education Loans
  • Minimum Annual Percentage Rate : 24% per annum (2% per month)
  • Maximum Annual Percentage Rate : Up to 47% per annum on reducing interest rate (3.92% per month)
  • Minimum Period for Repayment : From 1 months (31 Days Onward)
  • Maximum Period for Repayment : Up to 12 months
  • No guarantor required

Requirements

In order to speed up the process and get your personal loan at the fastest time frame, we urge that you present these relevant documents to us :

  • Valid Passport / Valid work permit / Valid employment pass in Singapore
  • Any Proof of latest billing (To your residential address)
  • Latest payslip
  • Letter of Employment if any

Our loan tenure is ranged from minimum 1 month (31 days onward) to maximum of 12 months and The Annual Percentage Rate (APR) of our Personal Loan is minimum 24% to maximum of 47% per annum for 1 years tenure.

For more information on our loan services, call us now at +65 6978 3963

We promise to exceed your expectations. Apply Online now.

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