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    TCC Overseas Education Loan

    Studying abroad can be a really expensive affair. You might be burning a hole in your pocket trying to cover for your overseas education expenses. Well, you might consider getting an overseas education loan in this case. There are several banks in Singapore that provide such loans to students.

    TCC – TCC Credit Co-operative Limited – provides Overseas Education Loan to help students further their dreams of pursuing overseas courses. The credit co-operative charges a nominal rate of interest. Besides, the application process is pretty straightforward and you need to submit a few relevant supporting documents to apply for this loan. Additionally, you can enjoy a discount of 10% on processing fees.

    What Is the Interest Charged on This Education Loan?

    You will be charged an interest rate of 4.5% p.a. on your TCC Overseas Education Loan amount.

    Eligibility Requirements for the Loan

    The following eligibility parameters must be met in order to apply:

    • A parent or a guardian(s) must represent you and apply on your behalf.
    • The parent or guardian(s) applying on your behalf must be an earning member(s).
    • You must have a surety.

    Documents Required

    The following documents have to be submitted when applying:

    • A copy of your NRIC.
    • A proof of Income.
    • A Letter of Offer from the educational institution.

    How Do You Apply for the TCC Overseas Education Loan?

    The following steps will help you apply:

    • Click on the link for Application Form available online.
    • Completely fill up the Loan Application Form.
    • Once you have filled the Application Form, print it out and sign on the form.
    • Email the Application Form along with the relevant supporting documents to loan@tcc.org.sg. Alternately, fax them to the dedicated number.
    • You also have the option of directly walking in at a TCC branch and submitting your application in person.
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