Student Loans

CIDB provides the opportunity for persons to achieve their career goals by borrowing under its Student Loan Programme (SLP). Download the Student Loans Brochure.

Financing for Tertiary Education/Vocational Training

Financing is offered for:

• Books and equipment relevant to the approved course of study
• Tuition fees at both local and overseas accredited educational institutions
• Traveling expenses, boarding and lodging costs during your studies

Benefits

The benefits of applying for a CIDB student loan include:

• Highly competitive fixed interest rate
• Convenient repayment options
• Easy application process

What you will require:

• Letter of acceptance from an Accredited educational institution, accompanied with copies of your latest transcripts and certificates
  Letter from the school indicating the length of the programme, fees, books and boarding and lodging costs
• Letter from employer indicating status of employment, length of employment and salary. If self employed documentary evidence of monthly/yearly income
• Life insurance coverage
• Suitable forms of security, which may include one or a combination of the following:
  • Guarantors for which you need to provide the name(s)
  • Cash collateral
  • Mortgage for which you need to provide a copy of the Land Register for the property being offered as security. If the property is already mortgaged, you would need to provide information indicating the loan balance and other relevant details
• Evidence of study leave with or without pay where applicable
• Evidence of income of parents/guardian/sponsor where required to pay interest during the grace period and/or other sources of financial support during the study period

Download a   Loan Application Form.