MOE Study Loan

The MOE Study Loan (SL) is funded by the government and administered by SMU. It is available to students who are using the MOE Tuition Fee Loan, the CPF Education Loan Scheme, or other approved funding schemes to pay their tuition fees, in part or in full.
The SL is interest-free during your course of study.

The loan does not cover the payment of annual/miscellaneous fees.

(a)  All full-time undergraduate students who concurrently hold the MOE Tuition Fee Loan and/or the CPF Education Loan Scheme, and/or a scholarship or grant, and/or a tuition fee subsidy or loan from a registered government agency, for the payment of tuition fees in part or in full.

(b)  Monthly per capita (average) household income of [Priority will be given to students with verified per capita income (PCI):

• Tier 1 (SC/SPR): no more than $950, students may borrow to the maximum quantum as specified in Tier 1 above.
• Tier 2 (SC/SPR): between $951 and $2,700, students may borrow to the maximum of the quantum as specified in Tier 2 above.
• (FS): no more than $1,200, students may borrow to the maximum quantum as specified in Tier 2 above.

(c)  Not applicable to postgraduate and full-fee paying undergraduate students.

Tier 1: Up to 20% of subsidised tuition fees payable by undergraduate Singaporean students and $3,600 annual living allowance.

Tier 2: Up to 10% of subsidised tuition fees payable by undergraduate Singaporean students and $3,600 annual living allowance.

Note: 

(a)  The quantum of loan does not include payment of annual/miscellaneous fees.
(b)  The quantum of loan is pegged to the subsidised tuition fees payable by Singaporean students.

(a)  Interest-free during course of study, ie interest is computed upon graduation.
(b)  Interest and loan sum are paid to OCBC Bank.
(c)  Repay in full if student withdraws

(a)  Application Dates

Tuition fees financing for course duration commencing (one-time application):

• Financing commencing Term 1 - Window 1: 1 July 2026
• Financing commencing Term 2 - Window 2: December to February

(b)  Application Submission

Applications are to be submitted to SMU before proceeding to any of the OCBC FRANK retail stores or branches to complete the application and signing process after receiving Letter of In-Principle Approval from SMU:

• Apply via student portal, OASIS > Self-service App > Financial Aid Application, using student computer account username and password.

>> Click HERE to view details of the loan schemes

>> Click HERE for application instructions

Office of Finance
Singapore Management University
81 Victoria Street
Singapore 188065

>> Click HERE to submit enquiry to Office of Finance
 

Contact OCBC FRANK Retail Stores or Branches for enquiries relating to application status after your loan signing process is completed, and your loan repayment plan prior to/upon your completion of studies.

Tel: 1800 363 3333 (within Singapore)
       +65 6363 3333 (outside Singapore)

Contact Office of Finance for enquiries relating to the following:

- Post-Secondary Education Account
- CPF Education Loan Scheme
- Mendaki Tertiary Tuition Fee Subsidy Scheme

>> Click HERE to submit enquiry to Office of Finance

Financial aid schemes for undergraduates:

Centre for Student Financial Assistance
Office of Admissions and Financial Assistance
Singapore Management University
81 Victoria Street
Level 3 SMU Administration Building
Singapore 188065

Email: finasst@smu.edu.sg

Acronyms used: SC - Singapore Citizen; SPR - Singapore Permanent Resident; FS - Foreign Student

** The interest rate is subject to change.