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Anonymous

20 Feb 2021

∙

Can tuition fee loan (TFL) be paid via Citi pay all?

How does Citi pay the tuition fee loan?

Isit worth it to pay via payall for the rewards?

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Nicholas Beh

20 Feb 2021

Student Ambassador 2020/21 at Seedly

Citi PayAll cannot be used for any type of loans, since it is charged to your credit card. As far as I know, you cannot earn any form of rewards on loan repayments, so your best bet is to just pay off the loan directly from your bank account.

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How is my tuition fee loans compounded monthly? Is it possible to pay my TFL with credit cards?

I can afford to pay for my University tuition fees fully. Does it make sense to still take up a bank loan to earn extra interest?

What to invest in with the money set to pay for uni assuming I took a tuition fee loan and I Wan to make use of the 0% interest when studying. Length of study is 3 years?

I manage to save up $25k and will be taking my degree, should i: 1. use it to pay tuition fees? 2. take up student loan (with interest that adds up) and invest this money instead (like REITs/ETFs etc)?

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