education loan

valentinoo SG

may i know where i can get education loan for overseas study?

beside hsbc..

thanks

shinta SG

maybank...

think dbs n ocbc have.. cannot rmb

GHoST_18 SG

if im not wrong...

most banks only do loans for local education only...

there is one dunno wat credit company near telecom...

not too sure if they are still there...

i think they do do loans for overseas education...

Rolling Eyes

ndmmxiaomayi SG

I don’t think local banks let us do that. Local banks let us loan for local education nia.

shinta SG

hsbc n maybank confirm have..

er.. 2 years ago i think i was runnin around with my fren doin a research on bank loans for oversea edu..

and we decided hsbc was teh best one =)

valentinoo SG

can we pay back after graduating?

valentinoo SG

can someone take a look at this

http://www.international.rmit.edu.au/info/programfeesprint.asp

the fees quoted under semester fees are per annum or half a year? how many semester r there per year usually?

thanks

shinta SG

u can pay back after graduating or u could start payin back while u're still in sch

note int rate quite high.. =(

GHoST_18 SG

go to the various banks n check...

tat's where u will get the most accurate info...

and they can even quote u the interest and stuff...

Rolling Eyes

ndmmxiaomayi SG

One year is usually divided into two semesters. So the fees quoted under semester fees means you need to pay once half a year.

Unless they work differently (that is they have x semesters (other than 2) per year), this definition applies. Email RMIT and ask.

yongyong SG

bank load for overseas ar ?
Interest HIGH ler ...

but DBS, OCBC dun have " education loan " for overseas... they only will tell u " accept their bank over-draft ".. which is only about 2 times of the borrower current salary.
Meaning, u have to ask ur family to do the loan..

HSBC, i heard a lot of ppl do borrow from them.

sohguanh SG

First and foremost why aren't you opting for local Uni where you can use parent CPF money? If that is not an option then I have to warn you banks are very prompt in asking for payment right after you finish your studies. My fren went to Murdoch Uni in Perth and immediately come back they start ask for payment already interest included.

For me use CPF money, there is a 1+ year allowance after we graduate where CPF dun chase payment. It is only after that 1+ year after then they chase payment. Anyway use CPF is pay them back to parents so ok. Use bank money is pay to bank very lugi Mr. Green

ditzy SG

For most Oz uni's its usually 2 sems a year, so the price they quote is based per sem. However some unis in Oz have their own standards, like Bond University, they have 4 sems a year for some courses. Don't ask me why. Laughing

ditzy SG

For local uni, they only charge you interest after you graduated. Laughing