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Tuition Fee Loan

If you can dream it, you can do it - Walt Disney

Make the most of your education by studying worry-free.


Focus on what's important - Knowledge.



0% interest and no repayment while studying


Fund up to 90% of your tuition fees¹


Flexible repayments schemes with instalments as low as S$100
How It Works

From getting your loan to completing repayment

1. Find a guarantor

Visit any OCBC branch or FRANK store with your guarantor to apply. A guarantor is someone who can be responsible for your loan in case you are not able to pay.

2. Loan up to 90% of your tuition fees

Loan disbursement will be determined by your institution. During the course of your study, no interest will be charged and no payment is needed.

3. Start repaying²

Start repayment immediately after graduation, or once you find a job within 2 years3 after graduation. Or pay back in full or partially over 20 years4 with monthly instalments as low as S$100!

Tuition Fee Loan (TFL) is provided by the Ministry of Education (MOE) and administered by OCBC Bank.

Am I Eligible? - Application period is set by the university

NUS / NTU Students:
Full-time undergraduate and postgraduates5. You must be in: 
  • Full-time undergraduate and postgraduate degree programme or
  • Graduate research programme or
  • Full-time MSE MOE subsidised programme


NOTE: Postgraduates are to check their respective institution's website to ensure their programme is eligible.

Part-time undergraduates.
You must be: 
  • Singapore citizen and;
  • Pursuing your 1st undergraduate degree part-time and;
  • Pursuing part-time course due to financial reasons


NOTE: Part-time undergraduates are to check with their respective institutions for eligibility.

NIE Students:
Eligible for Tuition Fee Loan: 
  • BA/BSc (Education) student teachers who do not receive salary, stipend and whose fees are not paid by MOE


  • Candidates enrolled in the following full-time research programmes:
    • Doctor of Philosophy
    • Master of Arts (by research)
    • Master of Science (by research)


  • Candidates enrolled in the following full-time subsidised coursework programmes:
    • Master of Arts (Applied Linguistics)
    • Master of Arts (all specialisations)
    • Master of Science (Exercise & Sports Studies)
    • Master of Science (Life Sciences)
Not Eligible for Tuition Fee Loan: 
  • Students receiving Government / Statutory Board / NIE scholarships which cover tuition fees
  • International students paying non-subsidised tuition fees
  • Students receiving full Tertiary Tuition Fee Subsidy from Mendaki
  • Students using CPF savings for the full payment of the subsidised tuition fee
  • Students in self-funded programmes
  • Part-time graduate students (coursework)
  • BA/BSc (Education) student teachers who receive salary, stipend and whose fees are not paid by MOE
  • Full-fee paying students
  • Part-time student teachers
Not eligible if:
Not Eligible for Tuition Fee Loan: 
  • Students receiving any Government / Statutory Board / NUS Scholarships which cover tuition fees
  • Students receiving full tuition fee subsidy by MENDAKI
  • Students using Central Provident Fund (CPF) savings for the full 100% payment of the subsidised tuition fees
  • Students on self-funded graduate programmes
  • International students paying full fees; not taking tuition grant
Guarantor requirements:
Guarantor requirements6
  • 21 - 60 years old
  • Must not be bankrupt


NOTE: You must have a guarantor with you to apply for the Tuition Fee Loan.

Nationality requirements: 
  • If student is a Singaporean, guarantor must be Singaporean
  • If student is a Singapore PR, guarantor must be Singaporean / Singapore PR
  • If student is a Foreigner, guarantor can be of any nationality

Tuition Fee Loan + FRANK Visa Debit Card Benefits

Enjoy perks while you push ahead in your studies. Choose from 60 designs. Annual FRANK Debit Card fee waiver for life. Withdraw cash locally and overseas.

Bring the form to any OCBC branch with your guarantor

How to get your loan

Apply at our branches

Head down to any OCBC Branch with your guarantor to submit your application form.

Application and submission of loan documents will only be available at the campus FRANK Stores on the following days from 1.00pm to 3.00pm:

• SMU – Monday
• NTU – Thursday
• NUS – Friday

Application forms

Complete the form and head down to our OCBC Branches with your supporting documents together with your guarantor to complete the application. (Best viewed with Adobe Reader 9 and above)

What do I need to prepare:


If Existing OCBC customer

  1. NRIC
  2. School Letter of Admission / Student Matriculation card



  1. Passport — Identity Card can be used for Malaysians
  2. School Letter of Admission
  3. IPA print out or ICA pass (for sanctioned countries)

Singaporean / Singapore PR

  1. NRIC



  1. Passport or Identity Card
  2. For sanctioned countries
    • Letter of Admission / Work Permit
    • IPA Print out or ICA pass

Additional Details:

Important notes for NUS Tuition Fee Loan

Important notes for NTU Tuition Fee Loan

Important notes for NIE Tuition Fee Loan

1Based on a Singapore citizen university student's tuition fee.

2Interest commencement date is set by university. Loan interest is based on the average Prime Lending Rate of Oversea-Chinese Banking Corporation (OCBC), Development Bank of Singapore (DBS) and United Overseas Bank (UOB). Late interest of 1% per month on the outstanding amount will be charged if repayment is late.

3Additional loan interest of 1% per month on the outstanding loan will be charged if you do not start repaying a minimum of S$100 monthly within 2 years from graduation.

4This is the maximum period of making monthly repayment instalments from graduation day.

5For selected NTU part-time and postgraduate courses.

6Guarantor must not be an undischarged bankrupt.