Office of Financial Services

FAQ

Disbursement Schedule of Various Loan Schemes

1. As a student who has accepted and executed the necessary Loan Agreement(s) with NUS, how would I know when the respective loan amount will be disbursed into my Student Account with NUS and if the loan amount has already been credited into my Student Account yet?

The date for disbursement of loan funds differs between the various loan schemes available and whether the student is an existing or new awardee under the various loan awards. From the following table, students may find the approximate date by which a student can expect funds under the respective loan schemes to be credited into their Student Account.

S/No

Loan Scheme

Tenure of Award

Approximate Date of Disbursement into Student Account

Students Awarded in Prior Academic Year

Students Awarded during normal application period of Current Academic Year

Semester 1

Semester 2

Semester 1

Semester 2

1

Tuition Fee Loan

For full duration of Studies in NUS

Around early to mid-August

Around mid till end-January

Around mid till end-August

Around mid till end-January

2

NUS Study Loan

For full duration of Studies in NUS

Around end-August/ early-September

Around mid till end-January

Around end-September

Around early-February

3

NUS Student Assistance Loan (previously known as the Subsistence Loan)

For full duration of Studies in NUS

Around late August to September

Around late January to February

Within 2 weeks from completion of signing loan agreement around early-September

Within 2 weeks from completion of signing loan agreement which is on an ad-hoc basis

4

Overseas Student Exchange Programme Loan

To be reapplied for each Exchange programme

N.A.

N.A.

2 weeks before the student departs for their Student Exchange Program


To ascertain if the respective loan award has been credited into their Student Account, Students may visit the Student Center in myISIS.
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