Proposal for Interest-free Financial Support to Singaporeans Pursuing Degrees at PSB Academy

Debated in Parliament on 13 Sep 2021.

Summary written by AI (learn more)

Abdul Samad asked the Minister for Education whether interest-free financial support will be provided to Singaporeans studying at PSB Academy.
PSB Academy is a Private Education Institution and not part of the public education system, so it does not receive Government funding.
The Government has not extended Government-funded loans to students of Private Education Institutions.
Students at PEIs can apply for financial assistance from the institutions themselves or use education loans from commercial banks.

Questions identified by AI (learn more)

Full Transcript

Abdul Samad

Mr Abdul Samad asked the Minister for Education whether the Ministry will consider providing interest-free financial support to Singaporeans pursuing degrees at the PSB Academy.

Chan Chun Sing

Private Education Institutions (PEIs), including PSB Academy, are not part of the public education system and hence generally do not receive Government funding.

We have likewise not extended Government-funded loans to PEI students. They may apply for financial assistance offered by PEIs, or tap on education loans offered by commercial banks, to finance their studies.

Proposal for Interest-free Financial Support to Singaporeans Pursuing Degrees at PSB Academy | PAPERCUTS

Proposal for Interest-free Financial Support to Singaporeans Pursuing Degrees at PSB Academy

Debated in Parliament on 13 Sep 2021.

Summary written by AI (learn more)

Abdul Samad asked the Minister for Education whether interest-free financial support will be provided to Singaporeans studying at PSB Academy.
PSB Academy is a Private Education Institution and not part of the public education system, so it does not receive Government funding.
The Government has not extended Government-funded loans to students of Private Education Institutions.
Students at PEIs can apply for financial assistance from the institutions themselves or use education loans from commercial banks.

Questions identified by AI (learn more)

Full Transcript

Abdul Samad

Mr Abdul Samad asked the Minister for Education whether the Ministry will consider providing interest-free financial support to Singaporeans pursuing degrees at the PSB Academy.

Chan Chun Sing

Private Education Institutions (PEIs), including PSB Academy, are not part of the public education system and hence generally do not receive Government funding.

Proposal for Interest-free Financial Support to Singaporeans Pursuing Degrees at PSB Academy

Summary

Questions Identified

Full Transcript

Abdul Samad

Chan Chun Sing

Summary

Questions Identified

Proposal for Interest-free Financial Support to Singaporeans Pursuing Degrees at PSB Academy

Summary

Questions Identified

Full Transcript

Abdul Samad

Chan Chun Sing

Summary

Questions Identified