POSB Further Study Assist
Interest Rate
Processing Fee
Monthly Repayment
Loan Amount
Loan Tenure
For students having a difficult time with their finances, POSB Further Study Assist offers low-interest rates and higher loan amounts! This plan also features a flexible repayment period with no early redemption or cancellation penalty.
ALL DETAILS
Key Features
- Offers lower interest rate at 4.38% p.a.
- No early redemption or cancellation penalty
- Flexible repayment period of at least up to 10 years
- Higher loan amount of up to 10x the combined monthly income of you and your guarantor (max. S$160,000)
Study Location
- Singapore
Eligibility
| Citizenship Status | Singaporean / PR |
| Age Requirement (applicant) | 17 – 65 years old |
| Minimum Annual Income (applicant) | S$18,000 |
| Age Requirement (guarantor) | 21 – 65 years old |
| Minimum Annual Income (guarantor) | S$24,000 |
*Note: Guarantor must be an immediate family member
Other Fees and Charges
| Disbursement Fee | No charges for issuance of Cashier’s Order/ Demand Draft to the institutions |
| Processing Fee | 2.5% of approved loan amount |
| Late Payment Fee | S$30 |
| Cancellation Fee | No charges |
| Partial/Full Repayment Penalty | No charges |
Disclaimer: This information may differ from what you see when you visit other financial service websites or the product’s official site, but Loan Advisor continues to keep every detail updated and accurate. This site may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored will always be based on objective analysis.
Customer Top Reviews
