People also ask
What is the cheapest education loan to study abroad?
OCBC’s FRANK Education Loan, which is also a great option for students that study locally, is the cheapest education loan for students that study overseas. The bank charges the lowest interest rate in the market at 4.5% and a reasonable processing fee of 2.5%.
Do I need a loan to study abroad in the UK?
However, in most cases, your tuition should be covered by a Tuition Fee Loan from Student Finance Wales, which we cover in more detail here. As is the case when you’re studying in the UK as a Welsh student, you should be entitled to receive a mix of both a Maintenance Loan and Maintenance Grant while you’re studying abroad.
How to finance the cost of studying internationally?
To help you finance the cost of studying internationally, our researchers analysed every study loan available to Singaporeans planning to study overseas. When comparing these loans, we recommend that you consider the total interest cost, payment structure and various promotions in order to obtain the most affordable student loan.
Do I need to update my student finance application if studying abroad?
If you had planned to study abroad but will now be studying online with your overseas provider, you檒l need to update your student finance application. Normally, students studying abroad for a year of their course would be entitled to a higher amount of Maintenance Loan to help with the costs of living overseas.