Am I eligible for an education loan, and how much loan can I receive in Singapore/UAE for a Master's/Bachelor's?
In Singapore, citizens at local universities can borrow up to SGD 150,000 or 10 times monthly income with a guarantor, while international students need a local guarantor or home loan instead. In the UAE, residents aged 21 to 65 with salary transfer can borrow AED 25,000 to 500,000.
Your eligibility and loan amount change significantly depending on whether you are borrowing in Singapore or the UAE. Each country runs an entirely separate system for citizens, residents, and international students, so your own status matters as much as your destination.
Loan Options By Country
| Country | Who Qualifies | Loan Amount |
|---|---|---|
| Singapore | Citizens or PRs at local universities like NUS, NTU, SMU | Up to SGD 150,000 or 10 times monthly income, guarantor income of SGD 24,000 a year |
| UAE | UAE nationals and residents, aged 21 to 65, with salary transfer | AED 25,000 up to AED 300,000 to 500,000 based on bank and salary |
Options If You Are An International Student
In Singapore, options directly from local banks are minimal unless you have a Singaporean or PR guarantor, so most international students rely on cross border loans from their home country instead. In the UAE, international students similarly lean on cross border lenders or home country banks, which can offer secured or unsecured loans up to roughly INR 50 lakhs to 1.5 crore, equivalent to about USD 60,000 to 180,000, to cover tuition and living expenses.
My Advice
Confirm whether your target university in Singapore or the UAE is eligible for local bank schemes before assuming you need a cross border loan, since local guarantor arrangements can sometimes work even for international students. If you must borrow from your home country, compare secured and unsecured options early since the amounts differ substantially.
Will you qualify for a Singapore education loan?
Collateral, co-applicant income and repayment. Check your eligibility in minutes.
More Cost & living questions
- If I get an education loan, can I proceed with the application after the loan amount is clear?
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
- What is the minimum budget required for studying abroad in Canada or Ireland for two years?
- Are you helping with educational loans or bank loans for studying abroad in UK/Ireland for a Master's?
- Can I apply for an education loan up to 30 to 35 lakhs or 30 to 40 lakhs budget?
More Singapore questions
- Other than Canada and Netherlands, are there better countries to study science and technology in Germany/Singapore?
- Is January 2027 intake possible for masters in business analytics in UK/UAE?
- Which country do you think is better for my management course abroad?
- What are the career prospects in Singapore after completing an MPH at NUS as an Indian student?
- Is there any scope for studying radiology in Dubai for a Postgraduate?
- Is it possible to pursue a master's in artificial intelligence and machine learning abroad in Ireland/Singapore?
- Are golden visas available after education, and what are the eligibility criteria in UAE for a Master's/PhD?
- Can you track an Employment Pass application on the MOM portal when your employer files it?