Financial options and aid
Other financing options overview
There are a number of other options available to help students with the financing of their studies at SUTD, after taking into account all the financial aid and support granted. Students are advised to consider the options based on their eligibility, needs and the terms and conditions of each of the schemes.
The Institute of Financial Literacy website and resource guide provide more information on student loan management.
Overview of schemes
Singapore Citizens
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Other Financing Options available to Singapore Citizens |
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| Schemes | Quantum |
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| No repayment |
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| Post-Secondary Education Account (PSEA) | Withdrawal limit up to student’s PSEA balance | |
| Repayment applicable |
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| Higher Education Student Loan (HESL)
(Commencing from 1 July 2026 onwards) |
Base Provision | Up to 90% of subsidised tuition fees payable by full-time Singapore Citizen undergraduate students. |
| Balance Fee Coverage | (PCI is S$3,500 and below)
Covers remaining 10% of subsidised tuition fees |
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| Living Allowance Loan | (PCI is S$3,500 and below)
Up to $4,100 per academic year |
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| Overseas Student Programme | (PCI is S$3,500 and below)
Up to $12,000 to cover the cost of institution-approved overseas student programme. Students can only take up this loan once during course of undergraduate study. |
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| Central Provident Fund (CPF) Education Loan Scheme | Up to 100% of subsidised tuition fees payable by undergraduate student | |
| MOE Tuition Fee Loan (TFL)
(Discontinued from 18 May 2026 onwards) |
Up to 90% of subsidised tuition fees payable by Singapore Citizens | |
| MOE Study Loan (SL)
(Discontinued from 18 May 2026 onwards) |
(PCI is S$2,700 and below) Between 10% – 20% of subsidised tuition fees payable by Singapore Citizens. Optional loan for living allowance of up to S$3,600 per academic year |
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Singapore Permanent Residents
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Other Financing Options available to Singapore Permanent Residents |
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| Schemes | Quantum |
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| Repayment applicable |
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| Higher Education Student Loan (HESL)
(Commencing from 1 July 2026 onwards) |
Base Provision | Up to 65% of subsidised tuition fees payable by full-time Singapore Permanent Resident undergraduate students. |
| Living Allowance Loan | (PCI is S$3,500 and below)
Up to $4,100 per academic year |
|
| Central Provident Fund (CPF) Education Loan Scheme | Up to 100% of subsidised tuition fees payable by undergraduate student | |
| MOE Tuition Fee Loan (TFL)
(Discontinued from 18 May 2026 onwards) |
Up to 90% of subsidised tuition fees payable by Singapore Citizens | |
| MOE Study Loan (SL)
(Discontinued from 18 May 2026 onwards) |
(PCI is S$2,700 and below) Between 10% – 20% of subsidised tuition fees payable by Singapore Citizens. Optional loan for living allowance of up to S$3,600 per academic year |
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International Students
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Other Financing Options available to International Students |
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| Schemes | Quantum |
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| Repayment applicable |
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| Higher Education Student Loan (HESL)
(Commencing from 1 July 2026 onwards) |
Base Provision | Up to 45% of subsidised tuition fees payable by full-time International undergraduate students. |
| Living Allowance Loan | (PCI is S$1,875 and below)
Up to $4,100 per academic year |
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| MOE Tuition Fee Loan (TFL)
(Discontinued from 18 May 2026 onwards) |
Up to 90% of subsidised tuition fees payable by Singapore Citizens | |
| MOE Study Loan (SL)
(Discontinued from 18 May 2026 onwards) |
(PCI is S$1,200 and below) Up to 10% of subsidised tuition fees payable by Singapore Citizens. Optional loan for living allowance of up to S$3,600 per academic year |
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