You selected: Can I use CPF savings for my full-time subsidised local degree course if I have previously used CPF savings for my first subsidised diploma course?

You can use CPF savings for your degree course so long as it is an approved full-time subsidised course under the CPF Education Loan Scheme, subject to the available withdrawal limit*. 

*available withdrawal limit

You can use your Ordinary Account (OA) savings up to the Available Withdrawal Limit under the CPF Education Loan Scheme. The Available Withdrawal Limit is either 40% of your accumulated OA savings¹, or your remaining OA balance², whichever is lower. The amount that can be used is also subject to the tuition fees payable.

If you are 55 years old or older, you need to set aside the Full Retirement Sum (FRS) in the Retirement Account before you can use the remaining savings in the OA up to the Available Withdrawal Limit. The FRS can be set aside fully with cash, or with cash (i.e. at least the Basic Retirement Sum) and property.

The Available Withdrawal Limit will change if there is a new withdrawal, repayment or refund in your OA. To check your Available Withdrawal Limit and its working details, you can log in to your Education dashboard with your Singpass.

¹ Made up of your current OA balance plus any OA savings that were previously withdrawn for education and investment, excluding the amount used for housing

² After setting aside any amounts reserved for housing or other schemes (if any).

You selected: I have previously obtained government subsidies for my first diploma, hence my second diploma is not subsidised. Will I still be able to use CPF savings for my second diploma?

As you are not eligible for government subsidies for the second diploma, CPF savings cannot be used even if it is a full-time course offered by an approved educational institution.

You selected: I have previously obtained a degree and will study for a full-time diploma course at SP/NP/TP/NYP/RP/NAFA/LAS/ITE. The diploma course is not subsidised by the government. Can CPF savings be used for the diploma course?

As your selected diploma course is not subsidised by the government, CPF savings cannot be used even if it is a full-time course offered by an approved educational institution.