I graduated from uni 2 years ago. I took a tuition fee loan from a bank. Can I use my CPF to repay the loan now? - Seedly
 

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Asked by Anonymous

Asked 3w ago

I graduated from uni 2 years ago. I took a tuition fee loan from a bank. Can I use my CPF to repay the loan now?

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While it is possible to use CPF savings from parents for education purposes (from outset), there isn't any way to retroactively use own CPF to repay education loans from banks.

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Royalchem
Royalchem
Level 5. Genius
Answered 2w ago

You can use your parents one but I'd suggest not to. There are some clauses to it and difficult to understand.

I taught tuition and work full time. Pay off in 2 years

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