

Due to the current COVID-19 situation, the processing of loan applications may take longer. We seek your kind understanding.
Please be informed that the outcome of applications received from 1 to 31 December 2020 (both dates inclusive) will be made known in January 2021.
For enquiries, drop us an email at loans@mendaki.org.sg or call us at 6551 2842.
Introduction
The Supplementary Assistance Loan Scheme (SAS) is aimed at uplifting the educational performance of the Malay Community by providing interest-free loans to needy Malay students. It is to part-finance students pursuing a full-time diploma and degree course locally at government institutions who not receiving any subsidy or are in receipt of partial (75% & 50%) subsidy under the Tertiary Tuition Fee Subsidy (TTFS).
Application Period
1 January – 30 November 2021
Eligibility Criteria
Applicants must meet the following requirements:
Loan Agreement
An email will be sent 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 TayLian Teck Road) Singapore, 457056. Applicant and guarantors are reminded to bring along their NRIC during the signing of loan agreement for verification purposes.
As per the loan deed, the borrower needs to observe and fulfill the following conditions:
If the borrower does not fulfil 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:
Category | Loan Amount of Yearly Disbursement |
Students receiving 75% TTFS | 25% of the tuition fee (after tuition grant) |
Students receiving 50% TTFS | 50% of the tuition fee (after tuition grant) |
Students not receiving TTFS | 80% of the tuition fee (after tuition grant) |
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
Applicants will be notified through email on the disbursement of subsequent loan cheque. Subsequent loan disbursements will be given only after the submission of the exam result through online, showing proof that the student passed their examinations for the academic year and progress to the next year of study.
Loan Repayment
The repayment of loan could be made via cash, cheque, NETS, GIRO or Internet Banking. Applicant can choose one of the following three options.
Option 1 – Immediate repayment from $50 monthly | Option 2 – Immediate repayment from $100 monthly | Option 3 – Repayment 6 months after completion of course |
Repayment will start 1 month after loan disbursement at $50 monthly.
6 months after the completion of course, repayment amount will increase to $100 monthly for diploma level, $250 for normal degree level and $500 for medicine.
There will be an annual increment of $100. |
Repayment will start 1 month after loan disbursement at $100 monthly.
6 months after the completion of course, repayment amount will remain at $100 monthly for diploma level & $250 for degree level and $500 for medicine.
There will be an annual increment of $100. |
Repayment will start 6 months after completion of course with a flat rate monthly over 3 years for diploma level and 5 years for degree level.
Eg. Total Loan Granted divide by 3 yrs (diploma) or 5 yrs (degree) |
Click here for more details on loan repayment
Application Procedure
The application can only be made online here. Processing of the applications will take 3 weeks from the date the application is received. Students will be notified through email on the outcome of the application. For further clarification, please call our customer service officers at 6245 5555.
Incomplete application will not be processed and application that did not meet the eligibility criteria will be rejected.