Eligibility

• All full-time diploma students who are genuinely in need of financial assistance

Loan Amount / Value

• Up to $1200 per academic year depending on level of need

Interest Rate

• Interest-free
• Default interest will be levied at the rate of 1% per months on instalments in arrears.

Interest Accrual

• None

Maximum Repayment Period

• 2 years

Minimum Amount of Repayment

• $100 per month

Commencment of Loan Repayment

• Begins 14 calendar months from the date of graduation.
• For those with NS obligation, one year upon completion of NS

How to Apply

• Please approach Student Counsellor at the Student Services Office at Blk 4, #01-07.

Application Period

• Throughout the year