Individuals - Payment Options / Financial Aid
Education is an investment and to help you with this important investment, we are happy to bring you the following payment options and financial aids.
Financial Aids
We are pleased to bring the following forms of financial aid to help you invest in your future.
- Education Loans
You may contact the following organisations directly for more information:
Financial Schemes, PSB Academy Students - Interest Free Instalment Plan Available
PSB Academy is pleased to offer to our students the Citibank Interest Free Instalment Plan where you can pay for your course fee through this 0% interest flexible payment plan. To utilise this scheme, you simply pay for your course fees with your Citibank credit card. You can then enjoy this interest-free arrangement over a period of 6 and 12 months, depending on your financial preference.
This plan also gives you greater financial flexibility and allows you to concentrate on pursuing your education with us. To better understand how this plan works, please call Citibank's 24 hours CitiPhone Banking on 6225-5225.
Terms & Conditions:
- Student must be a Citibank Visa / Mastercard member
- Subject to card holders available credit limit
- Subject to a minimum purchase price of S$500
- Only available for locally issued cards
Interest-free instalments plans are also available for DBS credit cardholders.
Course Fee Funding
SDF Funding - For Company
For non-pre-approved courses
- A completed SDF Form 1 has to be submitted to the Singapore Workforce Development Agency (WDA), Incentives Management Division; at least 1 working day before course commencement.
- The SDF Form 1 can be downloaded at http://www.sdf.gov.sg
For "Approved-in-Principle" courses
- The company must be registered with SDF EasyNet (http://www.sdf.gov.sg) before the enrolment module can be accessed
- The company must register the employee(s) with SDF EasyNet at least 1 working day before course commencement
- If the student fails to meet a minimum attendance of 75% and/or fails to sit for the examination, the company will be required to reimburse the affected portion (i.e., SDF-supported portion) of the course fees to PSB accordingly.
Skills Redevelopment Programme - Surrogate Employer Scheme
NTUC members may apply for course fee funding under the Surrogate Employer Programme (SEP). If the student fails to,
- meet a minimum attendance of 75% and/or
- sit for the examination and/or
- maintain union membership throughout the course duration,
he/she will be required to reimburse the affected portion (i.e., SEP-supported) of the course fees to PSB accordingly.