Personalised Student Loans

Explore our specially curated list of student loans, so that you can focus on what is truly important to you.

Why Student Loan Guru?

No Income Limitation

We understand your financial situation and strive to provide you with the suitable loan

Flexible Repayments

Our customised loan repayment schedules are tailored to suit your needs

A Reliable Loan Provider

We only work with licensed moneylenders approved by the Ministry of Law

No Credit Score Record

Credit scores are never an issue to Student Loan Guru

Low Interest Rates

Enjoy affordable interest rates as we seek to ease your finances

Fast Application Process

Secure & quick processing of applications

Enhance Your Lifestyle

Ease your financial burden and improve your lifestyle with our available loans

Customer Centric

Your needs and concerns are what matter most to us

How Can Student Loan Guru Help?

Student loans are extremely versatile and can come in handy for a variety of reasons. At Student Loan Guru, we understand the financial issues that students run into these days. From studying, taking an overseas vacation to emergency situations, we have carefully planned, accessed and curated a list of student loans to ease your financial burden. Stop worrying about your finances and start making them work for you today!

What Others Are Saying

Jessica Tay
(Junior Accountant)

“I’ve always wanted to pursue my Masters part-time after I graduated with my degree. I also didn’t want to wait too long to do so because I was afraid that I’ll lose the momentum to study by then. But because of financial issues, I held the thought off and only wanted to do so after I got a job and some working experience. As both of my parents are getting old and being their only child, it was hard to juggle between their medical and living expenses, along with my education expenses, based off my monthly salary. This is where Student Loan Guru stepped in to help and with their financial aid, I was able to fulfill my dream of enrolling into a postgraduate program (MPA). With their low interest rates and flexible repayment scheme, I was able to repay my loan within a year. Of course, I had to watch my spending and take up a side tutoring job, all while studying and working at the same time. But seeing how i was able to fulfill my dream and gain a certified accreditation, it made it all worthwhile!”

Types Of Loans

study loan

University and higher education fees do not come cheap. Let us help you by easing your finances with our personalised study loans. 

vacation loan

Taking that much needed break from school or work might not be a far fetched dream anymore. Find out more about our vacation loans.

Medical Loan

Being caught in an unforseen medical emergency can be alarming. Our medical loans ensure that you will be well covered for. 

Frequently Asked Questions

How do I know If I'm eligible for a student loan?

To qualify for a loan with Student Loan Guru, you have to:

  • Be a citizen or Permanent Resident of Singapore, and for foreigners, have your passport or employment pass ready
  • Be above 21 years of age, not discharged as bankrupt and not facing any bankruptcy proceeding
  • Be permanently employed, self-employed with a valid income to prove or have a valid working permit (for foreigners)

How much can i borrow?

Typically, most banks and financial institutions in Singapore will allow you to borrow up to 4 times your monthly salary.

For example, if you’re drawing a monthly salary of $3,000 a month, you will be able to borrow up to $12,000. 

How long is the entire loan application process? Is there a lot of paperwork?

The amount of time varies between banks and financial institutions. For loan applications, most of them will present you with the options of either a hard or soft copy submission, making it more convenient for you. 

If you’re looking at taking a loan from the bank, they generally have a longer processing time as they require approval from many departments. They are stricter and tend to conduct more checks, taking them days or even weeks for your loan to be approved. 

Conversely, licensed moneylenders also conduct the relevant checks but usually take a shorter period of time and a faster application process, ensuring that you receive your loan quickly. If the application is successful, you’ll most probably be able to receive your loan within a few hours, or a few days. 

I just started working and am looking to take out a loan for part time studies. Will it be tough for me to apply for a loan?

The most important things that banks and financial institutions will look at are: 

  • Your credit score
  • The amount you intend to borrow 

Following this, the banks and institutions will analyse your ability to repay the loan by reviewing your income and credit score. As long as you have a stable source of income and an excellent credit score, you’ll most likely be able to.

I'm in need of a loan but have a poor credit score. Can I still get a loan?

Not to worry if you have a poor credit score. Some licensed moneylenders may still be willing to lend you a helping hand, as long as they are sure that you can make timely repayments.

At Student Loan Guru, we have flexible repayment schemes that enable you to customise a repayment plan that best sits with your financial situation.

Is it possible to apply for another loan even though I'm already taking one?

Yes, it is possible. Some of us might already be on a home or car loan. However, this doesn’t mean that we are unable to take up additional loans, as long as we are able to make timely repayments. 

The various financial institutions will still have to access your repayment ability before approving of your loan.