facebookI 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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Anonymous

03 Nov 2019

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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    What are your thoughts?

    Kelly Trinh

    Kelly Trinh

    03 Nov 2019

    Level 11ยทBackoffice technical at financial services firm

    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

      03 Nov 2019

      Level 6ยทProject Officer at Security Related

      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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