Struggling to Pay For Your Education?
Study Loans in Singapore
Approved in 8 Minutes 

A Study Loan to Help You Reach Your Goals

Do you need help financing your higher education journey? Getting a bachelor’s degree, master’s, or PhD is vital for gaining valuable skills and knowledge. However, pursuing your education can be highly costly.

Crawfort provides a quick and easy loan application process. You can receive approval in just 8 minutes, allowing you to focus on planning your future.

Personal Loan in 3 Simple Steps

Apply With Myinfo
Log in with SingPass and retrieve your information via MyInfo. Your application will be pre-filled automatically.
Check Your Results
We’ll send your results via SMS in the next 8 minutes.
Collect Your Loan
Visit us at our outlet to validate and collect your cash.

Don’t Waste Another Day Worrying

Our plans are tailored to your needs. So you can worry less and enjoy more. These are our commitments to you.

We value your trust

As one of the most trusted personal loan providers in Singapore, we have disbursed more than 200,000 loans since 2011. We have won an award from Singapore’s Prestige Brand Awards 2019, and will continue to provide high-quality service and care for our customers.

We keep your convenience in mind

Every step of our loan process is tailored to your convenience. We have digitalised everything from application to credit scoring to payment. Repayments are even simpler. Just pay through any SAM/AXS machines and you’re good to go.

We keep your information safe

Privacy protection is our top priority. Our servers are encrypted with state-of-the-art technology. You’ll never have to worry about us divulging your information to anyone.

Why Do You Need A Study Loan?

Thinking of pursuing a higher education? Financial stress has shown to hinder academic success. Here’s when study loans come in handy.

Let’s find out the reasons why obtaining a study loan could be the best course of action for you:

High Cost of Education

Higher education can be quite expensive due to high living expenses, tuition, and other related fees. Research shows that this hinders a person’s success. On the other hand, a study loan can help you pay for your living and educational costs.

Limited Personal Savings

Even with financial aid or scholarships, relying on personal or family savings may not be enough to pay for your higher education. Your academic goals can be achieved with the help of an education loan, which can help bridge the financial gap.

Focus on Studies

Reducing financial strain enables you to concentrate on your studies and make the most of your education. A student loan can provide the financial support needed to achieve this.

Collateral Free

There’s no need to pledge collateral to apply for this type of loan, making it easier to apply. This is one of the best options, especially when you need immediate cash to help you with your educational journey.

Flexible Repayment Options

Numerous study loans offer competitive interest rates and flexible repayment options, making it easier to manage finances while studying.

Quick Approval

With innovation, lenders now make it easier for you to apply for a study loan, speeding up the approval process. At Crawfort, it only takes 8 minutes to approve your education loan, so you can worry less about paying off your school expenses and focus more on your studies.

What You Need to Know About Study Loans in Singapore

It doesn’t have to be difficult to pay for your education in Singapore. For students who want to pursue their higher education goals locally, study loans provide a practical option. However, before taking out an education loan, equip yourself with essential information. Here are some important things to consider before applying for a study loan.

A study loan is a type of unsecured loan designed specifically to help students cover the costs associated with pursuing higher education.

It covers a variety of expenses, including living expenses, textbook costs, tuition, and other education-related costs. Whether you want to attend a public or private institution in Singapore, a study loan can help you with the cost of your education.

In Singapore, there are several ways to apply for an education loan. Numerous education loans with varying terms and eligibility requirements are available from major banks. Financial institutions specialising in student loans are another option to consider.

Licensed money lenders are also an excellent option, especially if you need quick cash. They can approve your loan within a few minutes.

Make sure to thoroughly consider and assess your alternatives to find the loan that best fits your needs and financial circumstances.

You can invest in your future by using a student loan to pay for a variety of costs associated with your education, including but not limited to:

  • Tuition fees
  • Miscellaneous expenses
  • Textbooks
  • Gadgets such as laptops or computers
  • Special courses and training programs

Before taking an education loan in Singapore, consider the following factors:

  • Loan Amount and Interest Rates: Determine the amount you need to borrow and compare interest rates offered by different lenders. Carefully assess your current financial situation to decide on this amount. Choose a loan that aligns with your needs and budget. Borrow only what you truly need, as excessive borrowing can trap you in a cycle of debt.
  • Repayment Period and Terms: Carefully consider the loan’s repayment terms and potential penalties for late payments. Evaluate your ability to repay the loan within the specified timeframe.
  • Hidden Costs and Fees: Be aware of additional costs such as processing fees, late payment charges, or early repayment penalties. Factor these into your budget.
  • Eligibility Requirements: Verify that you meet the eligibility requirements for the loan, which may include academic performance, citizenship/residency status, and course of study.
  • Guarantor: Some loans may require a guarantor, typically a parent or guardian. Discuss the loan terms with them before proceeding.

To help you reach your educational goals, Crawfort provides an unsecured personal loan option. To qualify for the study loan, you must meet the following requirements:

  • Must be a Singapore Citizen or Permanent Resident.
  • Must be at least 21 years old.
  • Must have been employed for at least 3 months.

Debt Consolidation Loan Options for Your Every Need

Ready to take up a payday loan? Create a wiser decision, learn more about debt consolidation loan.

Taking a personal loan in Singapore can help you to achieve your goals. It is also an ideal solution for your immediate need for cash. But, if this is your first time to take a personal loan, it is essential to get guided.

8 Minutes is All You Need

Get Your Loan
Approved by
Tomorrow