Student Loan

Focus on your education and alleviate your financial concerns with the Friday Finance Student Loan.

Why Did We Start Student Loan

As the cost of tertiary education in Singapore continues to rise, a student loan can alleviate the financial burden of covering 1-4 years' worth of fees. 

Local universities may incur expenses ranging from $33,000 to $140,000, while private universities typically cost between $20,000 and $85,000 for a full program. Notably, private institutions like James Cook, Kaplan, Curtin, and PSB charge $23,000 - $72,000 annually, subject to increases at their discretion. 

Traditional banks, however, often impose stringent requirements, making securing these loans challenging. We believe that accessing funds for your education should be a straightforward process, not an obstacle course. That's why we've made this product easily accessible for those that are not able to qualify for bank loans.

Frequently Asked Questions

Can I get a student loan if I don't have a salary?

If you are a student without income proof to substantiate, you may want to find a guarantor who has good income proof and credit rating.

Who should take up this loan?

Student loans are best suited for working adults that are looking to enhance their skills.  

What documents do I need to submit?

Documentation confirming enrollment status and materials outlining the breakdown of course fees.

Friday Finance is a product of IFS Consumer Services Private Limited, a licensed moneylender regulated by the Registry of Moneylenders of the Ministry of Law in Singapore