When will payment be made to the institution under the CPF Education Loan scheme?
Payment to the institution under the CPF Education Loan Scheme is based on an agreed schedule between CPFB and the institutions. Generally, payments will be made about one to two months after the application closing date. Please note that the schedule may be changed and is indicative only.
The payment made to the institution is subject to availability of funds in the CPF member's Ordinary Account, at the point of deduction for payment to the institution.