Faster Payment System (FPS) was introduced as a repayment method of SFO in November 2021. You can use the mobile banking app or e-wallet that supports Government FPS bill payments to pay SFO demand notes printed with FPS QR code.

New enhancement measures of the Continuing Education Fund (CEF) have been implemented on 1 August 2022.

Adjustment of Non-means-tested Loan Schemes (NLS) Interest Rate –
The interest rate of the Non-means-tested Loan Schemes has been adjusted from 1.395% to 1.645% per annum with effect from 1 December 2022.

Expediting the processing of applications from post-secondary students whose families are in receipt of the CSSA.