Local Education Loan

We offer unsecured local education loans up to $300,000 SGD with longer loan tenures to provide you with one of the best loans in town.

Local Education Loan Singapore

What is a Local Education Loan?

Perhaps you might be thinking of furthering your studies. 

A bachelor’s degree, masters or PhD are all gateways to acquiring valuable skills, knowledge and experience. These days, pursuing higher education has become commonplace. 

While higher education can help to increase your hiring chances, the costs associated can also be really hefty. So, how can a local education loan help?

A local education loan is intended to cover the cost of your tuition fees over the course of your study. Whether you are looking at private or the autonomous universities in Singapore, a local education loan can cover the cost of your higher education. 

Let Lending Bee’s local education loan bring you one step closer to your dreams. 

Benefits of a Local Education Loan with Lending Bee®

Our local education loan stands out as we provide our borrowers with a wide range of unique benefits.

Better and improved
credit scores

Flexible
loan tenures

Ease of application
and approval

Increased
convenience

FAQ on Lending Bee's Local Education Loans

Frequently Asked Questions

A local education loan’s sole purpose is to help you fund your education costs and ease your financial burden in the process. 

This way, you will be better able to focus on your studies and upgrade yourself. 

With a local education loan, you will be able to cover for the following, but not limited to:

  • Tuition fees
  • Computer / laptop
  • Textbooks
  • Software licences
  • Special courses and training opportunities

The three main differentiating factors between our local education loan compared to banks are:

  • Speed
  • Ease of application
  • Service rendered
 

We believe in providing you with a local education loan in the shortest time possible. 

This is why we have streamlined our borrowing process into 3 simple steps. 

Moreover, we do not go through rigorous credit checks and also do not require much paperwork. 

Ultimately, our experienced loan officers will be there to guide you on the best personal loan package for your needs and provide professional advice so that you’ll be able to upgrade yourself and increase your hiring opportunities. 

Below is a list of the public Universities in Singapore and an estimate of the tuition fees of some courses:

1. National University of Singapore (NUS)

The average cost for a 3-year degree course is $27,000. 

Course Tuition Fees
Arts & Social Sciences (4 years)$33,000
Business / Accountancy (4 years)$39,000
Law / Music (4 years)$52,000
Dentistry / Medicine (4 – 5 years)$109,000 and $137,000

2. Nanyang Technological University (NTU)

The average cost for a 3-year degree course is $27,000.

Course Tuition Fees
Arts & Social Sciences (4 years)$33,000
Business / Accountancy (4 years)$38,000
Communication Studies (4 years)$33,000
Renaissance Engineering (4.5 years)$79,000
Medicine (5 years)$171,000

3. Singapore Management University (SMU)

The average cost for a 3-year degree course is $34,200.

Course Tuition Fees
Arts & Social Sciences (4 years)$46,000
Business / Accountancy (4 years)$46,000
Information Systems (4 years)$46,000
Law (4 years)$51,000

4. Singapore University of Social Sciences (SUSS)

The average cost for a 3-year degree course is $32,000.

Course Tuition Fees
Accountancy (4 years)$33,440
Business (4 years)$31,440
Education (4 years)$31,440
Social Work (4 years)$31,440

5. Singapore Institute of Technology (SIT)

The average cost for a 3-year degree course is $26,000.

Course Tuition Fees
Accountancy (4 years)$27,540
Aircraft Systems Engineering (4 years)$24,390
Diagnostic Radiotherapy (4 years)$36,720
Hospitality Business (4 years)$27,540
Information Communications Technology (4 years)$32,520
Radiation Therapy (4 years)$36,720

6. Singapore University of Technology and Design (SUTD)

Their fees for all courses cost $13,200 per year, which works out to $36,600 for a 3-year course. 

 

In general, you can expect to pay between $20,000 to $59,000 in tuition fees for private universities. 

That said, the cost you incur will naturally be in line with the course that you choose.

An important thing to note about private universities is that the government does not provide much financial support in terms of tuition fee grants.

To qualify for a local education loan with Lending Bee®, you’ll simply have to:

  • Be a Singapore Citizen, Permanent Resident or a Foreigner with a valid work permit
  • Be at least 21 years old
  • Be permanently employed for at least 3 months

For Singaporeans / PRs:

  • Proof of identity (NRIC, passport)
  • Proof of income (CPF / bank statements)
 
For Foreigners
  • Work Permit / S Pass / E Pass
  • Proof of residence (Utility bills, phone bills, tenancy agreement, etc.)
  • Payslips / bank statements 
 

At Lending Bee®, all applications for our local education loans are kept fast and simple. 

  • Step 1: Submit your application via our online application form.
  • Step 2: We will drop you a call regarding your loan application status within the hour.
  • Step 3: Head down to your selected Lending Bee® branch, sign the contract and receive your loan.

We will disburse the funds to you immediately after you have accepted and signed our loan contract at any of our branches

Yes, you are still welcome to apply for a loan with us!

Lending Bee® aims to help as many borrowers as possible and provide them with one of the best loan packages in the market.

We are here to serve your needs.

Yes, you can still apply for a local education loan with us. We aim to help our borrowers regardless of their credit scores. 

This is why we do not have specific restrictions with regard to credit scores.

No, we do not charge any fees for early loan repayments. 

Outstanding interests, if any, will also be nullified once you have finished repaying your loan earlier than the date stipulated in your loan contract.

No, we do not mail any of your loan information to your home. 

All loan details will be kept digital, and private with us, unless a physical copy is requested.

Local Education Loan 1

3 Simple Steps to receive
your instant cash loan

Receive your loan within the hour!

Submit Online Application

Register an account on our mobile app or simply fill up our loan application form. Takes only 3 mins.

Receive Application Status

Outcome of the loan with the maximum loan amount and tenure will be provided to you in less than an hour.

Fast Cash Disbursement

Head down to your selected Lending Bee® branch, sign the loan contract and receive your money instantly.

Our Latest Customer Reviews (Mar 2021 Update)

Christie Lim
Christie Lim
Mar, 2021
Read More
Andy and Yuan Xi are friendly and informative and professional. The process was smooth and fast. This company offers term payment loans for larger amounts.
Lee JR
Feb, 2021
Read More
Taken an urgent loan from Ms Amanda and was very pleased in her prompt service and she was definitely responsive in all the questions I have. I'd strongly recommend Ms Amanda's services.
RABOI IZ
Feb, 2021
Read More
process very transparent and fast.. love the free mask provided by the company, very thoughtful of them. thanks lending bee toa payoh.
Afiq Azmi
Jan, 2021
Read More
Assisted by Mr Andy and Enid regarding the loan to clear some debts. Really helpful, patient and very understanding towards the situation and purpose of the loan. Would recommend to others if in need of personal loans! Thank you!
Miss San
Miss San
Jan, 2021
Read More
Ms Samantha is very friendly and very meticulous in helping me with her loan. Lending bee has been a very smooth and easy transaction to apply loan. Highly recommended. No gimmick at all. Low interest among the rest.
acapemma matrixx
Jan, 2021
Read More
It very good value..Andy Tse. have been great for helping me for getting the loan. He will calculate for me. Enid have been good recep for explaining to me in detail.. 🤗
abu babu
abu babu
Jan, 2021
Read More
Fast response to enquiry, assist to suggest better financial planning...thank you so much alfred..
Tan Thian Seng
Dec, 2020
Read More
Mr. Andy Tee and Ms Loke Yuan Xi are very friendly and professional, they are very helpful and willing to understand your needs and clear in explaining to you regarding the loans. I strongly recommend lending bee if you need any financial helps.
Thong Li Tan
Dec, 2020
Read More
Lending Bee staff is professional and friendly. When a person is in needs for money and they provide the right need and helpful. Excellent lending compared to others.
Ridzwan Juraimi
Dec, 2020
Read More
Fast response to enquiry, assist to suggest better financial planning to reduce monthly burden. Alfred was patient and assisted with the smooth transaction
Gun Metal
Dec, 2020
Read More
Great help and explanation from the staffs, offers other solutions and great service as well. Professional highly recommended

Start Using Our App Today!

Unlock generous rewards & receive loan updates on the go.

Manage your budget and
avoid overspending

Set a monthly budget and take control of your finances with the Lending Bee® app. Turn alerts and reminders on to avoid exceeding your budget.

Earn diamonds and exchange
them for attractive rewards

Every successful loan application grants you diamonds which you can use to unlock attractive rewards and vouchers!

Local Education Loan 4

Your loan details
in a single platform

Receive convenient access to all your active and completed loans. Turn alerts and reminders on to avoid missing out on repayments.

Stay up to date with
the latest financial news

Stay on top of your finances and improve your financial literacy with the latest and exclusive financial updates from reputable news sources.

Can’t Find What You Are Looking For?

Check out our other available help options below.

Contact Us

Call us for assistance at 6219 1611 to answer all your queries about a personal loan with us.

Monthly Repayment Calculator

Get all the numbers right at your fingertips. What you see is what you'll get.

Visit Our Branches

Make your way down to any of our branches and speak to our friendly loan officers.

Apply Online

Complete our online application that takes only 3 mins.

Support & Q&As

Find the answers to your questions.

Borrow With Confidence.
With Us, You Can.

Copyright © 2021 Lending Bee Pte Ltd. All Rights Reserved. Co. Reg. No. 201841732D.