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Why are only subsidised courses by the approved educational institutions included under the CPF Education Loan Scheme?
The CPF Education Loan Scheme is a loan scheme that allows CPF members to use their CPF savings to provide their children with a basic tertiary education. Courses subsidised by Ministry of Education (MOE) generally have lower tuition fees payable, which means lesser impact on retirement savings.
This information is sourced from CPF.
Related questions
What is the CPF Education Loan Scheme?
What other financing options do I have if I am not allowed to use CPF savings for unsubsidised courses under the CPF Education Loan Scheme?
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Why does the CPF Education Loan Scheme cover only approved full-time subsidised courses?
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Why doesn't the CPF Education Loan Scheme cover postgraduate courses?
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