The loan quantum varies according to the financial need and nationality of the applicant, and the availability of funds.
The loan is tenable for the entire undergraduate course duration and re-application is not required.

The loan is tenable for the entire undergraduate course duration and re-application is not required.

Financially needy undergraduates who have been offered or are in receipt of the NUS Study Loan with the living allowance component and who incur accommodation expenses.

Recipients of the ASEAN Undergraduate Scholarship, NUS Undergraduate Scholarship, NUS Faculty Scholarships, University Engineering Scholarship and such other scholarships are also eligible to apply for this loan.

The loans are interest free. The repayment period depends on the value of the loans and varies from 3 to 5 years. Repayment can be in one lump sum or in fixed equal monthly installments commencing not later than 3 months after graduation.

A guarantor is required. He or she must be a Singapore Citizen or Singapore Permanent Resident, between 21 and 60 years old and is not a bankrupt. He or she must not be a party (borrower/ guarantor) to more than one other loan agreement unless the agreement relates to the Student Assistance Loan (previously known as the Subsistence Loan and Cash Assist Loan) involving the same student.

Application for Financial Aid for AY2013/2014

(a) Prospective Undergraduate Students (Full-time)

Application for Financial Aid must be made after you have submitted your application for admission to NUS, and by the closing date of your admission application or 1 April 2013, whichever is earlier. In addition, please note that such Financial Aid applications should be made (1) as soon as possible after your application for admission and regardless of whether you have been offered admission to NUS, and (2) regardless of whether you intend to apply for scholarships and/or other forms of financial assistance offered or administered by sources other than the NUS Office of Financial Aid. Eligible applicants will only be offered financial aid upon receipt of admission offer from NUS.

(b) Existing Undergraduate Students (Full-time)

Application for Financial Aid begins from 1 February 2013 and ends on 1 April 2013.

Application for Financial Aid for AY2012/2013

Application was opened from 1 February to 1 April 2012. If you are in need of financial assistance now, you may login here to state the reason(s) for your late application and proceed to apply accordingly. We will consider your application on a case-by-case basis. You will receive your application outcome within two weeks from the date you submit your application with the full set of supporting documents.

Supporting Documents for Financial Aid

All supporting documents are to reach the Office of Financial Aid (by post/hand) within two weeks from the online application date. You also advised to log in here to view your application status or check your email regularly to avoid missing any important message.