Financial Assistance Information for IHLs

Tuition fees for all Singaporeans in post-secondary education institutions (PSEIs) are highly subsidised. However, we recognise that some families may still need some additional financial help to support their education. Hence, we have various financial assistance schemes available to further support Singaporean students in our publicly-funded PSEIs. No deserving Singaporean student will be denied post-secondary education because of his/her financial background.

You can find details of the government bursary schemes in the table below.

Scheme

Eligibility Criteria 

Quantum Per Year

ITE

Polytechnic

Publicly-Funded-University

CDC/CCC Bursary
(For Singapore Citizens only)

Gross Monthly Household Income (GHI) of $2,750 and below, or Gross Monthly Household per Capita Income (PCI) of $690 and below

(with effect from Academic Year 2018)

$1,400

$2,350

$4,000

GHI between $2,751 and $4,000 or PCI between $691 and $1,000

(with effect from Academic Year 2018)

$1,050

 $2,150  $3,750

MOE Bursary
(For Singapore Citizens only)

GHI of $6,900 and below or PCI of $1,725 and below

$550

$1,650

$2,700

GHI between $6,901 and $9,000 or PCI between $1,726 and $2,250 

$350

$800

$1,350


Notes

  1. University students receive higher quantum of bursaries due to higher costs of education compared to polytechnics and ITEs. Bursary quanta will be reviewed periodically, so as to provide students with better support.
  2. The CDC/CCC Bursary is administered by the Community Development Councils (CDCs) and the Citizens’ Consultative Committees (CCCs).

Government Loan Schemes

In addition, all full-time diploma students in polytechnics and undergraduates studying in public-funded universities are eligible for the Tuition Fee Loan (TFL) Scheme. The TFL covers up to 75% of the tuition fee payable by polytechnic students, and up to 90% of the tuition fee payable by university students.

To finance the remaining fees not covered by the TFL, full-time Singapore Citizens or PR diploma students and undergraduates with gross monthly household per capita income of $2,700 and below can also applying for the Study Loan (SL). More details can be found in the table below.

Scheme

Eligibility Criteria

Quantum Per Year

Polytechnic

Publicly-Funded University

Tuition Fee Loan

  • All Full-time Diploma students/Undergraduates
  • Interest-free during course of study and interest will commence only upon graduation
  • Maximum repayment period of up to 10 years for loan taken at polytechnic level, and up to 20 years for loan taken at the university level

 

Up to 75% of tuition fee

Up to 90% of tuition fee

Study Loan

  • Full-time Diploma SC or PR students
  • All Full-time Undergraduates
  • Have taken up maximum Tuition Fee Loan
  • Gross Monthly Household Per Capita income ≤ $2,700
  • Loan is interest-free for students with monthly household per capita income ≤ $950
  • For students with household income between $951 and $2,700, the loan is interest-free during course of study and interest will commence only upon graduation
  • Maximum repayment period of up to 5 years for the loan taken at polytechnic level, and 20 years for loan taken at the university level

Up to 25% of tuition fee plus living allowance loan of $2,000 per annum

Up to 10% of tuition fee plus living allowance loan of $3,600 per annum

In addition, the PSEIs also offer their own financial assistance schemes to help needy students. More details on assistance schemes offered by the Government and the institutions and application procedures can be found at the respective institutions’ websites below. Students with financial difficulties are encouraged to approach the Office of Financial Aid at the institutions where they have been offered admission to discuss financing options.

Institutions

Websites

Contact Details

Institute of Technical Education

http://www.ite.edu.sg/wps/portal/itehome/
itews

(Go to “Full-time Students”, click on
“Admission”, followed by “Full-time”
and go to the “Scholarships, Awards &
Bursaries” tab.

Tel: 1800-225 5483

Nanyang Polytechnic

http://www.nyp.edu.sg/admissions/lifelong-learners/financial-matters-financial-assistance.html

Tel: 6550 0056

Ngee Ann Polytechnic

https://www.np.edu.sg/admissions/Pages/aid.aspx

Tel: 6460 6309

Republic Polytechnic

http://www.rp.edu.sg/sba/main.aspx

Tel: 6510 3000

Email:
help-bursary@rp.edu.sg 
help-schoolfee@rp.edu.sg.

Singapore Polytechnic

http://www.sp.edu.sg/wps/portal/vp-spws

(Go to “Admissions”, click on 
“Financial Matters”, followed by “Financial Assistance Schemes” tab.

Tel: 6775 1133

Temasek Polytechnic

http://www.tp.edu.sg/fees-and-financial-
matters/financial-assistance-schemes
#tab2

Tel: 6788 2000
Email:
swcc@tp.edu.sg

LASALLE College of the Arts

For Diploma Courses:
http://www.lasalle.edu.sg/admissions/
diploma-admissions/financial-support/

For Undergraduate Courses:
http://www.lasalle.edu.sg/admissions/
bahons-admissions/financial-support/

Tel: 6496 5185

Nanyang Academy of Fine Arts

http://www.nafa.edu.sg/admissions/
scholarships-financial-aid-schemes

Tel: 6512 6132

Nanyang Technological University

http://admissions.ntu.edu.sg/ Undergraduate
Admissions/FinancialAssistance/Pages/
default.aspx

Tel: 6790 4115

National University of Singapore

http://www.nus.edu.sg/oam/financialaid.html

Tel: 6516 2870

Singapore Institute of Technology

 

https://www.singaporetech.edu.sg/fees/loans,
 
https://www.singaporetech.edu.sg/fees/assistance-schemes

https://www.singaporetech.edu.sg/fees/bursaries-study-grants

 

Tel: 6592 1150

Singapore Management University

http://www.smu.edu.sg/about/financial/
financial-assistance-schemes

Tel: 6808 5329, 6808 5204, 6808 5199, 6828 0486

Singapore University of Technology and Design

http://sutd.edu.sg/financialaid

Tel: 6499 4643, 6499 4641

Singapore University of Social Sciences (SUSS)

http://uc.suss.edu.sg/FinancialAid.html

Tel: 6248 0288

Here is an illustration on a polytechnic student’s eligibility for the government bursary schemes. Based on a family of four and a total gross monthly household income of $5,000, a Singapore Citizen polytechnic student will be eligible for the MOE Bursary of $1,650. If the polytechnic student needs additional aid, on top of the government bursary to supplement education expenses, he/she can also take up the TFL or SL Schemes or apply for other financial aid schemes offered by the institutions. Combined with the TFL Scheme and SL Scheme or other financial aid schemes offered by the institutions, there will be no out-of-pocket expenses required of him/her to finance his/her Polytechnic education.

family-of-4

Total gross monthly household income = $5,000

Per Capita Income for family of 4 = $5,000 / 4 = $1,250

The polytechnic student will be eligible for the
MOE Bursary of $1,650.