Education Loan Singapore

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.

Yes, you can use an education loan to fund part-time or online courses in Singapore, though the availability and terms may vary depending on the lender.

At Quick Loan, our customer service officers are dedicated to helping you find the best loan options tailored to your educational needs, including part-time and online programs.

Our team is here to support you in exploring all available options and securing the most suitable loan for your educational journey.

At Quick Loan, we are committed to simplicity and transparency. As the best moneylender in Singapore, we offer instant education loan approval in 20 minutes after application, as well as immediate cash disbursement once your loan is approved.

No, there’s no need for collateral or a guarantor when you are applying for an education loan in Singapore with Quick Loan. We aim to make the process as quick and fuss-free as possible, so that your application can be approved and you can have immediate access to your funds to cover your education expenses.

Please contact us as soon as possible if you miss a payment on your education loan with Quick Loan. As late repayments will detrimentally affect your overall credit score, and may potentially incur extra charges, we would like to avoid this scenario and hope to explore if there are any alternative repayment plans that can address your current issue at hand.

No, there are no penalties for making earlier repayments for an education loan with Quick Loan. Simply contact us once you are ready to do so, and our friendly staff will help make the necessary arrangements on our end.

Should you happen to miss your payment for your foreigner loan with Quick Loan, please contact us as soon as possible. We will work with you to resolve the issue at hand as late payments will detrimentally affect your overall credit score, and also incur unwanted additional charges.

Here at Quick Loan, no collateral or third-party guarantor is needed for your application for a foreigner loan in Singapore. As a licensed moneylender, Quick Loan offers foreigner loans that are flexible and suitable to your unique and urgent needs.

Here at Quick Loan, we are aware that such loans are often required for urgent needs, and traditional banks and financial institutions take a long time to approve the process on their end. Our foreigner loans will take only 30 minutes for approval, and you should be able to receive the funds straight after completing the agreement signing.