When repaying a loan using my Post-Secondary Education Account (PSEA), does the payment occur as a one-time deduction or through monthly instalments?
The repayment of loan using funds from PSEA is made through a one-time deduction.
This information is sourced from MOE
Related questions
What other fees and charges are allowed under the Post-Secondary Education Account (PSEA) usage for the repayment of Government Loan and Financing Schemes?
What should I do if there is insufficient balance in my Post Secondary Education Account (PSEA) for deduction of my outstanding loan?
Can I apply for Post-Secondary Education Account (PSEA) fund to be used to cover the loan amounts which I had repaid earlier and get a reimbursement from the PSEA?
Will interest continue to accrue during the processing period of my Post-Secondary Education Account (PSEA) loan repayment application withdrawal request?
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