The minimum monthly instalment rate under the CPF Education Loan Scheme is $100. The instalment rate stated in the repayment notification will be $100 if this rate is expected to enable you to fully repay the loan within six years. You are encouraged to fully repay the loan within six years to reduce the interest incurred for the loan.

If you have a bigger outstanding loan amount, a higher monthly instalment rate will be stated, to enable you to repay within a period of six years.