Funding for the AUs

Published Date: 11 May 2015 12:00 AM

News Parliamentary Replies

Name and Constituency of Member of Parliament

Mr Yee Jenn Jong, Non-Constituency Member of Parliament

Question

To ask the Minister for Education since 2000 (a) what are the respective annual levels in dollar amounts of (i) government funding; (ii) philanthropic and private giving; (iii) university endowments; (iv) income from auxiliary enterprises, including but not limited to hospitals, enterprise incubators, and rental space; and (v) research income including but not limited to grants, for our universities; and (b) for each group (i) what is the breakdown as a percentage of the total budget for autonomous universities and per university; and (ii) what is the dollar amount per university student and as a percentage of spending per university student.

Response

In FY2006, Government funding (including operating and research grants) was $1.9B, and investment income (including income from endowment) was $0.3B.  The corresponding figures in FY2013 were $2.8B, and $0.5B respectively.  These figures are for the National University of Singapore (NUS), Nanyang Technological University (NTU) and the Singapore Management University (SMU), which were the only three universities that turned autonomous in FY2006.

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