Advisory and Updates on COVID-19 (Coronavirus Disease 2019):

Tuition Fee Loan

This scheme is an educational loan administered by one of the local banks, on behalf of SUTD to Singapore Citizens, Singapore Permanent Residents and International Students pursuing an MOE subsidised degree in SUTD.

Loan Amount

Up to 90% of subsidised tuition fees payable by full-time Singapore Citizen undergraduate students.


  • The quantum of loan does not include payment of compulsory miscellaneous fees and hostel fees
  • The quantum of loan is pegged to the tuition fees payable by Singapore Citizen undergraduate students


  • All full-time undergraduate students paying subsidised tuition fees are eligible for the loan scheme.
  • All full-fee paying Singapore Citizens and Singapore Permanent Residents are eligible for the loan scheme, with the maximum loan amount capped at subsidised fees payable by a Singapore Citizen.
  • International undergraduate students who are paying full fees from the point of admission or had withdrawn from the Tuition Grant scheme during their couse of study, are not eligible for the loan scheme. 
  • International undergraduate students who are required to pay full fees because they have used up their subsidy eligbility during the course of study will be able to continue holding the loan scheme, provided they have taken it up when they were paying subsidised fees.  


  • Must be between the ages of 21 and 60 years old.
  • Must not be an undischarged bankrupt or be a student pursuing full-time education.
  • May not serve in this capacity for more than two outstanding student loans, including this loan.
  • Must be a Singapore Citizen for an applicant who is a Singapore Citizen.
  • Can be either a Singapore Citizen or a Singapore Permanent Resident for an applicant who is a Singapore Permanent Resident.
  • Can be of any nationality for an applicant who is an International student.


Not later than 2 years after graduation or on securing employment, whichever is earlier.

Minimum Repayment Amount

$100 per month

Maximum Repayment Period

20 years

Interest Rate

Average prime rate of 3 local banks (DBS, OCBC, and UOB)

Application Period

For existing students: Application is now open and will close on 2 May 2022.
For incoming students (AY2022): TBA

How to Apply

Instructions to Applicants

  1. Download the TFL Application Form and the Letter of Offer (for first time applicants).
  2. Refer to the TFL Application Procedures.
  3. For international students, refer to the TFL Guarantor Verification Process.
  4. Refer to the Document Checklist.

All incomplete submissions will not be processed.

*Before heading to the bank, you are advised to visit DBS’s branch locator for the most up-to-date listing of their open branches. Please only visit the branches that are not indicated as 24/7 Self-Service.

Further Information

  • The loan is interest-free during the course of study, i.e. interest will only be computed upon graduation.
  • Interest and loan sum are paid directly to the bank.
  • Penalty interest will be levied at the rate of 1% per month on instalments in arrears.
  • Student to follow up with the appointed local bank in writing for the repayment of the loan amount if the student withdraws from studies or studies terminated.