Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT)

Overview

The Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) is to complement the Tertiary Student Finance Scheme – Publicly-funded Programmes (TSFS) to provide loans to eligible students to settle tuition fees of recognised full-time study courses.

Statistics

Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) /
Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) /
Extended Non-means-tested Loan Scheme (ENLS)
Academic Year 2022/20232023/2024 2024/2025
(as at 30.11.2024)
No. of applications
- received Total 32 212 33 92032 541
NLSFT 13 679 14 68414 884
NLSPS 12 136 12 91213 396
ENLS 6 397 6 3244 261
- with results issued Total 32 212 33 92031 003
NLSFT 13 679 14 68414 615
NLSPS 12 136 12 91213 054
ENLS 6 397 6 3243 334
No. of applications
- with loan offered Total 31 55433 20130 387
NLSFT 13 371 14 33514 318
NLSPS 11 786 12 54212 735
ENLS 6 3976 3243 334
- with loan paid Total 27 181 28 59120 027
NLSFT 11 199 11 9878 398
NLSPS 10 063 10 7898 809
ENLS 5 9195 8152 820
Average amount of loan paid^ Total $55,632.24 $55,838.20$35,978.93
NLSFT $39,870.52 $39,908.23$23,771.14
NLSPS $60,429.30 $59,802.58$42,063.80
ENLS $77,298.53 $81,320.72$53,326.24
Total amount of loan paid^ (million) Total$1,512.14$1,596.47$720.55
NLSFT $446.51 $478.38$199.63
NLSPS $608.10 $645.21$370.54
ENLS $457.53 $472.88$150.38

Remarks :
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Approved loan will be paid in more than one instalment. The amount of loan paid in the 2024/25 academic year shown in the table above does not reflect the full amount of loan paid in the year until the respective application cycle ends.