Students (borrowers) may make a full or partial repayment of the education loan before graduation.

 

The member (lender) must first revoke the use of their CPF savings for the student’s education by completing the "Revoke the use of CPF savings for education" form. In the form, the member must select the option "The student is making an early repayment of the education loan while still studying at the Approved Educational Institution".

 

Once the revocation is processed, the member will receive an email notification regarding the application status. If the student wishes to make a full or partial repayment prior to graduation, they may check with the member for the repayment details on their 'Activities' page.