You might have seen a post by “Valerie Chan” asking why she can't freely use her CPF for her tertiary education. There is no CPF member with the name matching her situation.
As “Valerie” stated, CPF is for retirement. Students who use CPF for their education are notified upfront of the refund requirement. They are also given ample time to start and complete their refunds. Those with financial difficulties would normally contact the Board to discuss alternative payment schedules. Only students with zero response despite multiple reminders over years would receive the letter that “Valerie” did. Once they contact CPFB, we will help them work out a plan tailored to their circumstances.
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(CPF Facebook post)
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