Financing your education

Higher learning shouldn’t make you feel guilty.

Whether you’re planning to study here or overseas, FRANK’s got flexible study loans to finance your studies. Now, you can focus on learning and stop worrying about adding to your family’s financial burden.


Where are you planning to study?

Local public university
(NUS, NTU and NIE)


Tuition Fee Loan

During your course of study

0% interest

and no repayment required

 

 

Fund your studies with

90% of your tuition fee1

 

 

 

Flexible
Repayment

schemes with instalments as low as S$100

 

Local private or overseas universities (AU, NZ, UK and US)

Education Loan

A low interest rate of

4.5% per year

(EIR is 5.18% per year2)to fund your studies in Singapore or overseas

Loan up to
10x your monthly income or

S$150,000

(whichever is lower, min. S$1000)

Choose from

3 Flexible
Repayment

options that stretch up to 8 years to repay

More details about Financing Your Education

  1. Based on a Singapore citizen university student's tuition fee.
  2. Effective Interest Rate (EIR) is assumed on a 2-year course with repayment period of 8 years and Standard Repayment Method. The EIR comprises of 4.5% per year interest rate which is calculated on a monthly rest basis and 2.5% of processing fee of the approved loan amount that is applicable upon disbursement of loan.