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Can I increase the monthly instalment for my Education Loan repayment?
You are encouraged to increase the monthly instalment for your education loan repayment if you are financially able to do so. This will enable you to fully repay the loan within a shorter period and hence minimise the interest you have to pay.
If you would like to increase the monthly instalment, you may submit your application online through "Manage education loan repayments" under "Forms and e-applications" using your Singpass.
This information is sourced from CPF.
Related questions
Can I reduce the monthly instalment for my CPF Education Loan stated in my repayment notification?
How do I change my monthly instalment for my education loan repayment under the CPF Education Loan Scheme?
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Is there any tool available that can help me project the monthly instalment rate under the CPF Education Loan Scheme?
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Where can I check the status of my request to change monthly instalment rate under the CPF Education Loan Scheme?
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