Tuition Fee Loan (TFL)


The value of the loan is up to 90% of the subsidised tuition fee payable by Singapore Citizens for the same course.

The loan is tenable for the entire undergraduate course duration.

Who is eligible?

  • All full-time undergraduates will be eligible EXCEPT international undergraduate students who had rejected the MOE Tuition Grant or was offered admission without the MOE Tuition Grant.

  • The percentage of coverage will be based on the subsidised tuition fee rate of a Singaporean citizen for the same course and applies to:

    -  International undergraduate students who have used up their MOE Tuition Grant subsidy and have to pay full tuition fee

    -  5th Year undergraduate students taking Double-Degree Programmes

  • Students who are reading the Concurrent Degree Programmes will not be eligible for the loan once they are charged graduate tuition fee. Please check your eligibility here.

  • Undergraduate students reading the iBLOC modules and Special Term modules
  • Part-time undergraduates who satisfy the following criteria:
    • Must be a Singapore Citizen;
    • Pursuing the first undergraduate course of study;
    • Depending on the assessed level of neediness.


Interest computation is deferred until after graduation. Thereafter, average prime rate of DBS, OCBC and UOB applies. Repayment can be in one lump sum or in fixed equal monthly installments (minimum of $100 per month), commencing not later than 2 years after graduation. The maximum repayment period is 20 years.

Students may use their PSEA balance for the repayment of their loan after they have graduated. To apply and find out more about the scheme, please click here. Please note that the application form should be submitted to MOE directly.


A guarantor is required. He or she must be an adult between 21 and 60 years of age and is not a bankrupt. Only Singapore Citizen guarantors are acceptable for Singapore Citizen students; Singaporean/SPR guarantors are acceptable for SPR students and Singaporean/SPR/non-Singaporean guarantors are acceptable for international students


Students who wish to apply for the TFL can download the application form below and bring the completed form to either DBS* or OCBC with their guarantor for processing. Please note that it is compulsory to indicate your Student ID (e.g. A0123456Z) in the TFL application form, or your application will be rejected by the banks. Prospective students should apply for the TFL only after they have received their Student ID.

*Please note that you can only apply for TFL with DBS at DBS Raffles Place Branch. All other DBS/POSB branches will not be accepting TFL applications.

To apply for AY2022/23, please click here.

For Part-time students pursuing the Bachelor of Technology Programme and Bachelor of Science (Nursing Practice), please apply for Financial Aid to be considered for this loan. An email invitation to apply for Financial Aid will be sent by your faculty in July or December each year. Please follow the instructions in the email to apply for Financial Aid accordingly.

For the execution of the TFL, first-time applicants and their Guarantors are required to go to the relevant bank with the completed Application Form, their identity cards/passports and NUS Student Card. For new students who have not received their NUS Student Card, they can provide a screenshot of the ‘Confirmation Page for Completion of Registration (Part One)’ from EduRec, showing their Student ID (an example of the screenshot can be found on page 8 of 15 in “Undergraduate Students” Figure 2). For students who intend to apply for TFL at DBS, please note that the DBS Remix (Kent Ridge branch) requires customers to make an appointment ahead of time.

For the execution of TFL overseas (OCBC only), both applicants and guarantors will need to get their signatures witnessed and original documents* sighted at ONE of the following places in their home countries:

  • Singapore Embassy
  • Notary Public (an English translation of the Notary Public seal is required)

Please note that your loan application will be rejected if the following are not adhered to:

  • The borrower is required to sign and date the loan agreement in the presence of the Singapore Embassy or Notary Public
    • Under the section “Declaration by Borrower” (page 3)
    • Point 3 (page 4)
    • Bottom of every page
    • The Singapore Embassy or Notary Public has to sign/seal beside every signature.
  • The guarantor is required to sign and date the loan agreement in the presence of the Singapore Embassy or Notary Public
    • Under the section “Declaration by Guarantor” (page 3)
    • Point 3 (page 4)
    • Bottom of every page
    • The Singapore Embassy or Notary Public has to sign/seal beside the signature.
  • Amendments to the loan agreement should be done in the presence of the Singapore Embassy or Notary Public. The Singapore Embassy or Notary Public has to sign/seal beside each amendment.
  • Photocopies of original documents* should be signed/sealed by the Singapore Embassy or Notary Public.
  • Applicants are required to provide a Singapore address to OCBC upon arrival in Singapore.

Overseas applicants will then have to mail their original documents* and Notary Public seals (if any) to OCBC Singapore at the following address:

Consumer Loan Operations  (TC2)
31 Tampines Avenue 4
#01-01/03 OCBC Tampines Centre Two
Singapore 529680
Attention: Person-in-charge, Secured Loan Non-Mortgage

*Original documents refers to the completed Application Form, identity cards/passports, a copy of the University’s Letter of Offer for Admission for new prospective students or NUS Student Card for current students.

Semester Application Deadline*
Semester 1 2nd Friday of July Local students
3rd Friday of July International students
 Late applications are still accepted.
Semester 2 3rd Friday of January All students including iBLOC student
 * If the deadline falls on a public holiday, it will be extended to the following Monday.

Students who have successfully applied for the TFL but were subsequently awarded scholarships or any other awards, may no longer require disbursements from the TFL Scheme to pay for their tuition fees. Such students are required to inform the TFL-Administering Bank at any bank’s branch to cancel/terminate their TFL. For suspension of TFL only, students can either inform the TFL-Administering Bank or the Office of Finance via email at

Existing Tuition Fee Loan recipients who have changed their course and are charged new tuition fee amounts are required to inform the TFL-Administering Bank of their change in course so that the bank may update their information accordingly.

Undergraduates who have transferred from other local universities and had taken up the Tuition Fee Loan for their previous course are required to submit a new application if they are interested to apply for the Tuition Fee Loan to cover their undergraduate course in NUS.