CPF Education Scheme
	1. About the CPF Education Scheme
	The CPF Education Scheme is a loan scheme. The total amount withdrawn for tuition fees plus accrued interest has to be repaid in full with cash. Repayment will start one year after date of graduation or date of leaving the institution, whichever is earlier. Interest starts accruing from the day of withdrawal, and is pegged to the prevailing CPF Ordinary Account interest rate which is currently 2.5% pa.       As a student taking a full-time government subsidized course leading to a diploma or degree at an approved local tertiary institution, you may apply for a loan from your own or your parent’s CPF savings to pay your tuition fees.       Click here to know more about the CPF Education Scheme.
	2. Application Procedure
	Before you apply for CPF Education Scheme, please ensure that you have the following information ready:       Ensure you apply within the application open period. For the list of institution’s schedule of application period, please click here. Name of tertiary institution - must be under the CPF Education Scheme; Whether you are a new (e.g. fresh intake for AY2006/07) or existing student (e.g. 2nd year student) under the institution; Your CPF account number or NRIC, telephone number and email address; The CPF account number of the CPF member (whose CPF savings you are applying to use) under the Education Scheme ; The telephone number and email address of the CPF member; The percentage of the tuition fees you are applying to pay using CPF money; If you are submitting the application online, you and the CPF member must each have your own SingPass and email account.       To apply online for SingPass, please click here.     A) Online Application to use CPF for Education       You should submit your online application using your SingPass. An email with an URL will be sent 1 day later to the CPF member’s e-mail address provided in your application form. The CPF member must log in using the member’s own SingPass within 14 days from the date of the application, to agree to the use of his CPF savings. Otherwise, your application will be rejected. Online applications will receive priority in processing. To apply online under the CPF Education Scheme, please click here.       For list of Frequently Asked Questions (FAQs) on online applications, click here.     B) Manual Application       Students are strongly encouraged to submit their application online instead of via manual application to ensure prompt processing. Manual application forms do not enjoy priority in processing. If you need to submit a manual application, please send the completed form to the tertiary institution you are enrolled with, within the application period stipulated. Application form for manual submission can be downloaded from www.cpf.gov.sg.
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