Education Loan

There are several options for obtaining an education loan in Singapore. Your loan amount will depend on the lender of your choice and your loan eligibility. 

As a licensed moneylender, we can provide you with an education loan worth up to six times your monthly salary. For example, if your income is SGD3,000 a month, your maximum loan amount can potentially total SGD18,000. 

We also offer a convenient application process, allowing you to get your funds in 30 minutes. This makes us a great option if you need funds urgently. 

You can apply online on our website, through WhatsApp or by visiting our office.

An education or study loan is a form of personal loan that can help finance your higher studies or your children’s schooling. 

Education can be a costly investment, especially if you’re attending a tertiary education institution or planning to study abroad. Taking out an education loan from a licensed moneylender can help offset the costs of fees, lodging, books and travel. 

Your education loan will be repaid just like a personal loan, in monthly instalments with interest. 

As a licensed moneylender in Singapore, we can provide you with an education loan at low interest rates through a quick and convenient application process.

While you can obtain different student loan plans from banks, licensed moneylenders are also an excellent option for an education loan. 

This is because licensed moneylenders like us provide fast cash at low interest rates. We can provide the funds you need in as little as 30 minutes. We’ll also help tailor your repayment plan to accommodate your financial situation. 

At Quick Loan, you can be confident that your funds are coming from a reputable source. All licensed moneylenders in Singapore are listed in the Registry of Moneylenders and subject to the Moneylenders Act. 

Our loan services and processes are regulated carefully, and we have strict limits on interest rates, fees and general conduct relating to our clients. 

If you decide to obtain an education loan from a licensed moneylender, you can take advantage of the flexible study loan repayment options available at Quick Loan.  

You may choose to repay your education loan over the agreed period or loan tenure. These payments will be in the form of fixed monthly instalments. 

Those with sufficient income, savings or external financial support can consider a standard and shorter loan payment plan. Paying off your loan quickly also helps you save on interest.

Talk to us to learn more about repaying your education loan.

Education or student loan requirements differ depending on your chosen licensed moneylender and your financial situation.  

At Quick Loan, you can apply for an education loan as long as you are 18 or older, with a minimum monthly income of SGD1,800. 

You may apply online on our website, through WhatsApp or visit our office. 

Singaporeans and PRs must provide us with their NRIC, SingPass, proof of residency, payslips and bank tokens. 

Foreign applicants must present their valid Employment Pass, S Pass, or work permit, along with their passport. We also require your residence information, payslips, bank token, employment contract and staff card. 

You can also explore our loan services for other big-ticket items, such as a medical bills loan.