Click here for the application form. An administrative fee of fifty dollars ($50.00) is chargeable for all approved study loan except SAS study loan.

For more information, please feel free to call our Customer Service Officers at 6245 5555.

SUPPLEMENTARY ASSISTANCE LOAN SCHEME (SAS)

Introduction
The Supplementary Assistance Loan scheme is aimed at uplifting the educational performance of the Maly/Muslim Community by providing interest-free loans to needy Muslim students. It is to part-finance students pursuing full-time course leading to a diploma and degree locally at the governement institutions.

Eligibility Criteria
Applicants must meet the following requirements:-

1) Malay Muslim Singaporeans

2) Students who are not receiving any subsidy or are in receipt of partial (70%) subsidy under the Tertiary Tuition Fee Subsidy (TTFS).

3) Gained an unconditional admission to do a full-time diploma or degree at local government tertiary institutions namely â?? Institute of Technical Education (ITE), Singapore Polytechnic, Ngee Ann Polytechnic, Nanyang Polytechnic, Republic Polytechnic and Temasek Polytechnic, National University of Singapore, Nanyang Technological University/NIE and Singapore Management University.

4) Sign an agreement with MENDAKI for the repayment of the loan. Applicants are required to furnish 2 guarantors acceptable to MENDAKI. The acceptability of the 2 guarantors will be at the discretion of the Loans Committee. The guarantors must fulfill the following requirements : 

• Singaporeans
• Between the age of 21 and 55 years old
• Gross monthly income of least $1,500 and above
• Gainfully employed for the past 1 year
• Must not be the applicantâ??s parents, siblings or staying in the same household
• The first and second guarantor must not be from same household
• Submit a copy of recent income slip and NRIC (the information will be kept confidential)
• Update latest address by giving a photocopy of IC at the time of final disbursement of the cheque
• Self-employed guarantors must submit their latest IRAS form or CPF statement

Loan Agreement
A letter will be mailed out to the applicant once the loan is approved to notify on the date for the signing of loan agreement and collection of cheque. Successful applicants and their guarantors are required to sign the loan agreement in the presence of YM officer at Wisma MENDAKI, 51 Kee Sun Avenue (off Tay Lian Teck Road) Singapore, 457056. Applicant and guarantors are reminded to bring along their NRIC and one witness for the signing of loan agreement. As per the loan deed, the borrower needs to observe and fulfill the following conditions: 

• Passing all subjects taken during the course of study;
• No changes in the agreed length of study
• No changes in the course of study
• No withdrawal or termination from the course of study/school
• No deferment without any valid reasons
• Graduate within the curriculum duration of study

If the borrower does not fulfill one of the above condition or any of the term in the loan agreement, the borrower will be considered to have breached the contract of loan agreement. The full amount of the loan would have to be repaid immediately.

Loan Quantum

The loan will be given for the entire course of study and the loan amount is at the discretion of the Loan Committee, after taking into consideration the financial circumstances of the applicant, the course of study and any other relevant criteria.The decision of the Loans Committee is final.

Loan Disbursement
Upon submission of the deed, student will be notified through letter on the disbursement of the loan cheque for the first year. The cheque will be made payable to the student or institution. Subsequent loan disbursements will be given only after the submission of the final year result, showing proof that the student passed the examinations.

Loan Repayment
Repayment of the loan will commence 6 months after the completion of the course. For the repayment purpose, students must sign a giro form upon signing the loan deed. The minimum monthly repayment amount is as follows:

• Diploma courses - $100
• Degree courses (excluding Medicine) - $250
• Degree (Medicine) - $500

This is subject to an annual progressive increment of $100.

Application Procedure
The application must be made on prescribed forms obtainable at the reception counter Wisma MENDAKI, 51 Kee Sun Ave, Off Tay Lian Teck Road Singapore 457056 or from YMâ??s website. Processing of the application will take 4 weeks from the date the application is received. Students will be notified through post on the outcome of the application. For further clarification, please call our customer service officers at 6245 5555.

Incomplete application form will not be processed.

STUDY LOAN SCHEME (FULL TIME)

Introduction
The MENDAKI Study Loan Scheme is aimed at uplifting the educational performance of the Muslim Community by providing interest-free loans to needy Muslim students. It is to part-finance students pursuing full-time course leading to a diploma and degree, locally or overseas.

Eligibility Criteria
Applicants must meet the following requirements:-

• Muslim Singaporeans

• Have gained an unconditional admission to do a full-time diploma or degree at
  
  
  • Local government tertiary institutions namely â??
    Institute of Technical Education (ITE), Singapore Polytechnic, Ngee Ann Polytechnic, Nanyang Polytechnic, Republic Polytechnic and Temasek Polytechnic, National University of Singapore, Nanyang Technological University/NIE and Singapore Management University. Only students who are not receiving financial assistance under the Tertiary Tuition Fee Subsidy (TTFS) or the Supplementary Assistance Loan scheme (SAS) are eligible to apply.

• Nanyang Academic of Fine Arts (NAFA) or LaSalle SIA College of the Arts
  
  
• Accredited local private institutions of higher learning
  
  
• Accredited overseas institutions of higher learning (applicable only for degree courses)

For students pursuing courses at non-government institutions, applications will be approved on a case-by-case basis, depending on the accreditation of the institutions.

• Gross monthly per capita household income of equal or less than $800. Per capita income is derived by dividing the total gross family income by the total number of members in the family.
  
  
• Sign an agreement with MENDAKI for the repayment of loan. Applicants are required to furnish 2 guarantors acceptable to MENDAKI. The acceptability of the 2 guarantors will be at the discretion of the Loans Committee. The guarantors must fulfill the following requirements :
  
  
  • Singaporeans
  • Between the age of 21 and 55 years old
  • Gross monthly income of least $1,500 and above
  • Gainfully employed for the past 1 year
  • Must not be the applicantâ??s parents, siblings or staying in the same household
  • The first and second guarantor must not be from same household
  • Submit a copy of recent income slip and NRIC (the information will be kept confidential)
  • Update latest address by giving a photocopy of IC at the time of final disbursement of the cheque
  • Self-employed guarantors must submit their latest IRAS form or CPF statement

Loan Agreement
A letter will be mailed out to the applicant once the loan is approved to notify on the date for the signing of loan agreement and collection of cheque. Successful applicants and their guarantors are required to sign the loan agreement in the presence of YM officer at Wisma MENDAKI, 51 Kee Sun Avenue (off Tay Lian Teck Road) Singapore, 457056. Applicant and guarantors are reminded to bring along their NRIC and one witness for the signing of loan agreement. As per the loan deed, the borrower needs to observe and fulfill the following conditions: 

• Passing all subjects taken during the course of study;
• No changes in the agreed length of study
• No changes in the course of study
• No withdrawal or termination from the course of study/school
• No deferment without any valid reasons
• Graduate within the curriculum duration of study

If the borrower does not fulfill one of the above condition or any of the term in the loan agreement, the borrower will be considered to have breached the contract of loan agreement. The full amount of the loan would have to be repaid immediately.

Loan Quantum

The loan will be given for the entire course of study and the loan amount is at the discretion of the Loans Committee, after taking into consideration the financial circumstances of the applicant, the course of study and any other relevant criteria. The decision of the Loans Committee is final.

Loan Disbursement Upon submission of the deed, student will be notified through letter on the disbursement of the loan cheque for the first year. The cheque will be made payable to the student or institution. Subsequent loan disbursements will be given only after the submission of the final year result, showing proof that the student has passed the examinations.

Loan Repayment
Repayment of the loan will commence 6 months after the completion of the course. For repayment purposes, students must sign a GIRO form upon signing the loan deed. The minimum monthly repayment amount is as follows:

• Diploma courses - $100
• Degree courses (excluding Medicine) - $250
• Degree (Medicine) - $500

STUDY LOAN PART TIME SCHEME (DEGREE)

Introduction
The MENDAKI Study Loan Scheme is aimed at uplifting the educational performance of the Muslim Community by providing interest-free loans to needy Muslim students. It is to part-finance students pursuing part-time course leading to a degree locally.

Eligibility Criteria
Applicants must meet the following requirements:-

• Muslim Singaporeans

• Have gained an unconditional admission to do a part-time degree at an accredited local private institution of higher learning. Applications will be approved on a case-by-case basis, depending on the accreditation of the institutions.
  
  
• Gross monthly per capita household income of equal or less than $800. Per capita income is derived by dividing the total gross family income by the total number of members in the family.
  
  
• Sign an agreement with MENDAKI for the repayment of the loan. Applicants are required to furnish 2 guarantors acceptable to MENDAKI. The acceptability of the 2 guarantors will be at the discretion of the Loans Committee. The guarantors must fulfill the following requirements : 
  • Singaporeans
  • Between the age of 21 and 55 years old
  • Gross monthly income of least $1,500 and above
  • Gainfully employed for the past 1 year
  • Must not be the applicantâ??s parents, siblings or staying in the same household
  • The first and second guarantor must not be from same household
  • Submit a copy of recent income slip and NRIC (the information will be kept confidential)
  • Update latest address by giving a photocopy of IC at the time of final disbursement of the cheque
  • Self-employed guarantors must submit their with latest IRAS form or CPF statement

Loan Agreement
A letter will be mailed out to the applicant once the loan is approved to notify on the date for the signing of loan agreement and collection of cheque. Successful applicants and their guarantors are required to sign the loan agreement in the presence of YM officer at Wisma MENDAKI, 51 Kee Sun Avenue (off Tay Lian Teck Road) Singapore, 457056. Applicant and guarantors are reminded to bring along their NRIC and one witness for the signing of loan agreement. As per the loan deed, the borrower needs to observe and fulfill the following conditions: 

• Passing all subjects taken during the course of study;
• No changes in the agreed length of study
• No changes in the course of study
• No withdrawal or termination from the course of study/school
• No deferment without any valid reasons
• Graduate within the curriculum duration of study

If the borrower does not fulfill one of the above condition or any of the term in the loan agreement, the borrower will be considered to have breached the contract of loan agreement. The full amount of the loan would have to be repaid immediately.

Loan Quantum
Maximum $4,000 per annum or actual amount (whichever is lower)The loan amount is at the discretion of the Loans Committee, after taking into consideration the financial circumstances of the applicant, the course of study and any other relevant criteria. The decision of the Loans Committee is final.

Loan Disbursement
Upon submission of the deed, student will be notified through letter on the disbursement of the loan cheque. The cheque will be made payable to the student or institution.

Loan Repayment
Repayment of the loan will commence 1 year after the loan disbursement for the degree programme. For repayment purposes, students must sign a GIRO form upon signing the loan deed. The minimum monthly repayment amount is as follows:

• Degree courses  - $250

Introduction
The MENDAKI Study Loan Scheme is aimed at uplifting the educational performance of the Muslim Community by providing interest-free loans to needy Muslim students. It is to part-finance students pursuing part-time course leading to a diploma locally.

Eligibility Criteria
Applicants must meet the following requirements:-

• Muslim Singaporeans

• Have gained an unconditional admission to do a part-time diploma at an accredited local private institution of higher learning. Applications will be approved on a case-by-case basis, depending on the accreditation of the institutions.
  
  
• Gross monthly per capita household income of equal or less than $800. Per capita income is derived by dividing the total gross family income by the total number of members in the family.
  
  
• Sign an agreement with MENDAKI for the repayment of the loan. Applicants are required to furnish 2 guarantors acceptable to MENDAKI. The acceptability of the 2 guarantors will be at the discretion of the Loans Committee. The guarantors must fulfill the following requirements : 
  • Singaporeans
  • Between the age of 21 and 55 years old
  • Gross monthly income of least $1,500 and above
  • Gainfully employed for the past 1 year
  • Must not be the applicantâ??s parents, siblings or staying in the same household
  • The first and second guarantor must not be from same household
  • Submit a copy of recent income slip and NRIC (the information will be kept confidential)
  • Update latest address by giving a photocopy of IC at the time of final disbursement of the cheque
  • Self-employed guarantors must submit their with latest IRAS form or CPF statement

Loan Agreement

A letter will be mailed out to the applicant once the loan is approved to notify on the date for the signing of loan agreement and collection of cheque. Successful applicants and their guarantors are required to sign the loan agreement in the presence of YM officer at Wisma MENDAKI, 51 Kee Sun Avenue (off Tay Lian Teck Road) Singapore, 457056. Applicant and sureties are reminded to bring along their NRIC and one witness for the signing of loan agreement. As per the loan deed, the borrower needs to observe and fulfill the following conditions: 

• Passing all subjects taken during the course of study;
• No changes in the agreed length of study
• No changes in the course of study
• No withdrawal or termination from the course of study/school
• No deferment without any valid reasons
• Graduate within the curriculum duration of study

If the borrower does not fulfill one of the above condition or any of the term in the loan agreement, the borrower will be considered to have breached the contract of loan agreement. The full amount of the loan would have to be repaid immediately.

Loan Quantum
One-off disbursement of maximum $6,000 or actual amount (whichever is lower)The loan amount is at the discretion of the Loans Committee, after taking into consideration the financial circumstances of the applicant, the course of study and any other relevant criteria. The decision of the Loans Committee is final.

Loan Disbursement
Upon submission of the deed, student will be notified through letter on the disbursement of the loan cheque. The cheque will be made payable to the student or institution.

Loan Repayment
Repayment of the loan will commence 1 month after the loan disbursement for diploma programme. For repayment purposes, students must sign a GIRO form upon signing the loan deed. The minimum monthly repayment amount is as follows:

• Diploma courses - $100

Introduction
The purpose of the Skills Training Loan is to provide financial assistance for workers to upgrade themselves by pursuing a recognized and work-related course.

Eligibility Criteria

• Malay/Muslim Singapore citizens.
• Applicants must be full-time employees at the commencement of the course.
• Applicant's monthly household net per capita income must not exceed $800.
• Courses should be on a part-time basis only at accredited institution.
• Courses are limited to the pursuance of certificate only
• Applications will be approved on case-to-case basis, depending on the accreditation of the institutions.
• Sign an agreement with MENDAKI for the repayment of the loan and for this purpose will be required to furnish 2 guarantors acceptable to MENDAKI. The acceptability of the 2 guarantors will be at the discretion of the Loans Committee. The guarantors must fulfill the following requirements : 
  
  
  • Singaporeans
  • Between the age of 21 and 55 years old
  • Gross monthly income of least $1,500 and above
  • Gainfully employed for the past 1 year
  • Must not be the applicantâ??s parents, siblings or staying in the same household
  • The first and second guarantor must not be from same household
  • Must give a copy of recent income slip and NRIC (the information will be kept confidential)
  • Must update latest address by giving the photocopy of IC given at the time of final disbursement of the cheque
  • Self-employed guarantors must finish with latest IRAS form or CPF statement

Loan Agreement
Loan agreement and collection of cheque. Successful applicants and their guarantors are required to sign the loan agreement in the presence of YM officer at Wisma MENDAKI, 51 Kee Sun Avenue (off Tay Lian Teck Road) Singapore, 457056. Applicant and guarantors are reminded to bring along their NRIC and one witness for the signing of loan agreement. As per the loan deed, the borrower needs to observe and fulfill the following conditions: 

• Passing all subjects taken during the course of study;
• No changes in the agreed length of study
• No changes in the course of study
• No withdrawal or termination from the course of study/school
• No deferment without any valid reasons
• Graduate within the curriculum duration of study

If the borrower does not fulfill one of the above condition or any of the term in the loan agreement, the borrower will be considered to have breached the contract of loan agreement. The full amount of the loan would have to be repaid immediately.

Loan Quantum

• One-off disbursement of maximum $3,000 or 70% of course fee (whichever is lower)

The loan amount is at the discretion of the Loan Committee, after taking into consideration the financial circumstances of the applicant, the course of study and any other relevant criteria. The decision of the Loans Committee is final.

Loan Disbursement
Upon submission of the deed, student will be notified through letter on the disbursement of the loan cheque. The cheque will be made payable to the student or institution.

Loan Repayment
Repayment of the loan will commence 1 month after the loan disbursement.  For the repayment purpose, students must sign a GIRO form upon signing the loan deed. The minimum monthly repayment amount is $100 monthly.

Application Procedure
The application must be made on prescribed forms obtainable at reception counter Wisma MENDAKI, 51 Kee Sun Ave, Off Tay Lian Teck Road Singapore 457056 or at YMâ??s website. The processing will take 4 weeks from the date the application is received. Students will be notified through letter on the outcome of the application. Successful applicants are required to pay an administrative fee of $50.00. For further clarification, please call our customer service officers at 6245 5555.

Incomplete application form will not be processed.