What information do I need to prepare before applying to use CPF savings under the CPF Education Loan Scheme?
Before you submit your application online under the CPF Education Loan Scheme:
- Check the application period for the institution you are applying to use CPF to pay your tuition fees.
- Ensure you are accepted by the tertiary institution and confirm that it is an approved educational institution under the CPF Education Loan Scheme.
- Get ready your CPF account number or NRIC, telephone number and email address.
- Find out the CPF account number or NRIC, telephone number and e-mail address of the CPF lender, whose CPF savings you are applying to use under the CPF Education Loan Scheme.
- Discuss with the lender on the percentage of the tuition fees you may pay using his/her CPF savings.
- Ensure you and the lender have your own Singpass and valid email accounts.
You can refer to the following FAQ for more information on the courses covered by the CPF Education Loan Scheme.
This information is sourced from CPF
Related questions
How do I apply to use CPF savings under the CPF Education Loan Scheme?
What if we do not have a Singpass to submit our online application under the CPF Education Loan Scheme?
How do I apply to defer the repayment under the CPF Education Loan Scheme?
What should I do if there is a change in payer for my tuition fees under the CPF Education Loan Scheme?
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