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? - Seedly
 

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Asked by Anonymous

Asked on 07 Aug 2019

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?

Advice needed

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Zen Rogue Xuan
Zen Rogue Xuan
Level 6. Master
Updated on 12 Sep 2019

For 3 years, I would suggest you put into a single premium short term endowment, which typically has a minimum premium amount. Below is a list which I saw posted in Seedly's FB group recently

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Vivian
Level 4. Prodigy
Answered 4w ago

Put in FD or buy SSB. Provide u with flexibility to withdraw if u need the money earlier

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Mark
Level 4. Prodigy
Answered 4w ago

Short-term endowment, fixed deposit or even SSB (depending on the rate) can be considered.

Nothing risky as you would want to clear the loan upon graduation.

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