Student Loans for Local and Overseas Education

In Singapore, university education is often regarded as a stepping stone to a lucrative career. However, pursuing higher education, whether locally or overseas, requires significant financial investment.

At HHL Credit, we understand the importance of accessible education financing. Hence, we offer tailored study loans for both local and overseas education, providing peace of mind so you or your child can focus on academic success. Our overseas student loans and student loans in Singapore are designed to meet your specific needs, ensuring that financial barriers do not stand in the way of achieving educational goals.

Benefits of Student Loans

1. Financial Flexibility

Pursuing higher education often requires a significant financial investment. Student loans provide the necessary funds to cover tuition fees, accommodation, textbooks, and other educational expenses, allowing you to focus on your studies without financial stress.

2. Access to Quality Education

Many students aspire to attend prestigious universities or pursue specialised courses that come with higher costs. Student loans enable you to access these opportunities, regardless of your financial background, ensuring that education remains a pathway to success.

3. Career Advancement

A higher education qualification can significantly enhance career prospects and earning potential. By investing in education through student loans, you can unlock opportunities for career advancement and higher salaries in the future.

4. Build Credit History

Responsible repayment of student loans can help to establish a positive credit history, which is essential for future financial endeavours such as obtaining mortgages or starting a business.

Advantages of Choosing HHL Credit for Your Student Loan Needs

1. Tailored Loan Solutions

At HHL Credit, we understand that every student’s financial situation is unique. That’s why we offer personalised loan solutions tailored to meet your specific needs and circumstances. Whether you’re pursuing local or overseas education, we work closely with you to create a loan plan that fits your requirements.

2. Competitive Interest Rates

We strive to offer competitive interest rates on our student loans, ensuring affordability and value for our borrowers. With transparent terms and fees, you can trust HHL Credit to provide you with a loan that meets your financial expectations without hidden costs or surprises.

3. Quick Approval Process

Time is of the essence when it comes to funding your education. At HHL Credit, we pride ourselves on our speedy approval process, ensuring that you receive the financial assistance you need promptly.

4. Flexible Repayment Options

Managing student loan repayments can be challenging, especially during the early stages of your career. That’s why HHL Credit offers flexible repayment options, allowing you to choose a repayment plan that aligns with your financial situation and goals.

Features of Loan

Borrow Loan Amounts up to :                 Up to $40,000 for Education Loans
Minimum Annual Percentage Rate :       24% per annum (2% per month)
Maximum Annual Percentage Rate :      Up to 47% per annum on reducing interest rate (3.92% per month)
Minimum Period for Repayment :           From 1 months (31 Days Onward)
Maximum Period for Repayment :          Up to 12 months
No guarantor required
No collateral needed

Calculate Your (ESTIMATED) Loan Rate



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Calculator Disclaimer

The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.

In order to speed up the process and get your student loan in the fastest time frame, we urge that you present these relevant documents to us :

  • Valid Passport / Valid work permit / Valid employment pass in Singapore
  • Any Proof of latest billing (To your residential address)
  • Latest payslip
  • Letter of Employment if any

Borrowers that are able to meet this requirement are eligible to take out a loan from us :

  • 21 years of age and above
  • Permanent resident or foreign worker with valid working permit
  • Under employment*We reserve the right to ask for further documentation as and when needed on a case-by-case basis

​​Our loan tenure is ranged from minimum 1 month (31 days onward) to maximum of 12 months and The Annual Percentage Rate (APR) of our Personal Loan is minimum 24% to maximum of 47% per annum for 1 years tenure.

FAQs about Student Loans for Local & Overseas Study

What are the eligibility criteria for HHL Credit’s student loans?

To be eligible for HHL Credit’s student loans and overseas student loans, applicants must be Singaporean citizens or permanent residents aged 21 years and above. They should also be employed or possess a valid work permit for PRs or foreigners.

How much can I borrow with HHL Credit’s student loans?

The loan amount you can borrow with HHL Credit’s student loans depends on various factors, including your course fees, living expenses, financial circumstances, annual income and if you have any outstanding loan with other lenders. We offer flexible loan amounts tailored to meet your specific needs, ensuring you have the `financial support necessary for your education.

What are the repayment terms for HHL Credit’s student loans?

HHL Credit offers flexible repayment terms for its student loans, allowing you to choose a repayment plan that suits your financial situation.

How long does it take to receive approval for HHL Credit’s student loans?

At HHL Credit, we understand the urgency of funding your education. Our streamlined application process ensures efficient processing, with most applicants receiving approval within a short timeframe.