How do I change my monthly instalment for my education loan repayment under the CPF Education Loan Scheme?
You may submit your application online to change your monthly instalment through "Manage education loan repayments" under "Forms and e-applications" using your Singpass.
The minimum monthly instalment is $100. You are encouraged to increase your monthly instalment as this will enable you to fully repay your education loan within a shorter period and hence minimise the interest that you have to pay.
The minimum monthly instalment is $100. You are encouraged to increase your monthly instalment as this will enable you to fully repay your education loan within a shorter period and hence minimise the interest that you have to pay.
This information is sourced from CPF
Related questions
Can I increase the monthly instalment for my Education Loan repayment?
Can I reduce the monthly instalment for my CPF Education Loan stated in my repayment notification?
What is the minimum monthly instalment rate under the CPF Education Loan Scheme?
Where can I check the status of my request to change monthly instalment rate under the CPF Education Loan Scheme?
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