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Anonymous
Hi all, my friend's having difficulties applying for student loan due to low family income. Would like to know what options he can explore.
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Gabriel Tham
01 Feb 2019
Tag Team Member at Kenichi Tag Team
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Loh Tat Tian
01 Feb 2019
Founder at PolicyWoke (We Buy Insurance Policies)
I think we need to understand what kind of student loans you are mentioning. If its for local university, he/she should apply for financial aid directly.
If its for private university, there are people who work 1 year first to have about 3 years of study fees before transiting to part time work.
Its not easy but this is what we commonly know that works.
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Can try applying for bursary, financial aid from the school. Check with the school, usually they will have consultants to advise on getting student loan or even preferential rates.