Extension of Tuition Fee Loans and CPF Education Loan Scheme to Working Adults who Take Up Part-time Degrees

Mr Victor Lye asked the Minister for Education whether tuition fee loans and the CPF Education Loan Scheme can be extended to working adults who take up part-time bachelor degrees or higher studies at recognized institutions to encourage mid-career skills development.

Working adults or any other students who are Singapore Citizens taking ​Ministry of Education-subsidised part-time undergraduate or postgraduate by research degrees in our autonomous universities can tap on Government tuition fee loans to finance their studies. They can also tap on their post-secondary education account or SkillsFuture credit. Government bursaries are also available to part-time undergraduates from lower- and middle-income families.

The Central Provident Fund (CPF) Education Loan Scheme is scoped tightly to local full-time tertiary education courses conducted locally at approved education institutions, to safeguard CPF savings for Singaporeans' retirement, healthcare and housing needs.