You selected: Singapore Citizen or Singapore PR
Since 1 April 2005, we have removed the need for Singaporean students to provide a guarantor for applications to use CPF savings for education.
Existing guarantors for Singapore Citizens or Singapore Permanent Residents under the scheme will continue to assume the responsibility of a guarantor. However, a replacement guarantor is not required in the event the existing guarantor becomes ineligible, i.e. when he passes away, becomes physically or mentally incapacitated from ever continuing in any employment, or becomes an undischarged bankrupt.
The student, being the party who has enjoyed the benefit of using his own or another member's CPF savings for his education, is responsible for the repayment of the savings used.
However, we reserve the right to require you to provide a guarantor or other forms of guarantee on a case-by-case basis.
