Overseas university study guide for students

University Guide

    1. Costs
      1. How much does it cost to study overseas?
      2. How much is the tuition fees for international students?
    3. Scholarships
      1. Are there scholarships or bursaries for international students?
      2. How do I apply for a scholarship or bursary offered by the universities?
      3. What is financial aid?
    5. Education Loans
      1. Which bank offers the best overseas education loans?
      2. How do I apply for education loans?
      3. How much money can I loan from the banks?
      4. How is the loan money disbursed? Will the bank pay my university directly?
      5. How do I repay the loan?
    7. Working as a Student
      1. Can I work while studying?
      2. How much can I expect to earn working while studying?
      3. How do I apply for an internship or work placement?
    9. University Payments
      1. What is a deposit payment?
      2. When do I have to pay tuition fees?
      3. How do I make an international payment to the university?
    11. Money Management
      1. How do I open a bank account?
      2. Which bank should I start an account with?
      3. How do I transfer my money overseas?
      4. How much money should I bring / transfer for my studies?
      5. What if I run out of money for my studies?
      6. How much is the living cost of studying abroad?

How do I open a bank account?

open bank account

Most students open a student bank account in the first week of their arrival at the university or college. To open a bank account, you will typically approach a bank with your passport, and the university offer letter or letter of acceptance, and the bank will ask you to complete the necessary bank forms and documents.

You will usually be provided guidance on the opening of a bank account during your orientation week. Alternatively you may also be able to open an overseas student account in Singapore if the bank has a branch here. Not all banks provide this facility though, so our advise would be for you to check with the bank for the latest policies.

The bank can take up to 2 weeks to process your application and have your account started - so do ensure that you have sufficient cash (or a credit card from home) to tide you over while your account is being set up.

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Guide Finances & Scholarships