Financial Aid

What are Financial Assistance Schemes available to SP students?

These are schemes that offer financial help to students to cover course fees or study expenses.

• Government Bursaries
• External Bursaries
• Notebook Subsidies
• Financial Aid for Overseas Programmes
• SP Needy Fund (Acute Financial Challenges ONLY)

You can find out more about these schemes in the Financial Assistance webpage.

How do I know if I am eligible for financial assistance?

To determine your eligibility for financial assistance, you can check the specific criteria for each scheme. For more detailed information and to check the requirements, you can refer to the Financial Assistance website.

Which bursary should I choose from?

Please refer to the eligibility criteria indicated on the Government Bursaries webpage. If you meet the criteria, you may apply during the application window.

What happens if I missed the bursary application deadline?

Please refer to our Government Bursaries webpage for the next application opening date and submit your application and supporting documents on time.

What if I have not received my result for the Financial Assistance application, but my tuition fees are due?

Please settle your tuition fees using your own funds. If you are not able to, please write to SP Financial Assistance Team for further guidance.

Are international students eligible for financial assistance?

Both Singapore Permanent Residents (SPR) and International Students (IS) may apply during the 1^st application window (in April) of each academic year. You will be notified via iChat if you are shortlisted for the Donor-Sponsored Bursary, upon meeting the donor’s criteria. You may be invited to attend an interview.

What is the difference between bursaries and external bursaries?

Bursaries administered by SP are typically offered directly by the institution or through local Donors. External bursaries are offered by external organisations or community groups, with separate application processes and deadlines. While both types of bursaries aim to assist you financially, the main differences lie in the administering body and application requirements.

How many times can I apply for bursary?

Once per academic year (each academic year starts in April till the following year’s March)

I have encountered technical difficulties in my application. What should I do?

Please capture a screenshot and send it to the SP Financial Assistance Team. Please indicate your full name and Admission Number in the email and describe the issue faced.

What are the financial schemes available to SP students?

Financial Schemes primarily help with course fees payments through loans, subsidies, or accounts, often requiring repayment or meeting specific criteria.

• Mendaki Tertiary Tuition Fees Subsidy (TTFS)
• MOE Post Secondary Education Account (PSEA)
• MOE Tuition Fee Loan (TFL)
• CPF Education Loan Scheme

You can read more about them in the Financial Schemes webpage.

Can I apply for more than one Financial Scheme?

Yes, you can apply for more than one Financial Scheme, subject to eligibility.

Can I apply for a combination of Financial Scheme and Financial Assistance Scheme?

Yes, you can apply for a combination of financial scheme and financial assistance scheme, as they serve different purposes. Financial Schemes covers course fees while Financial Assistance Schemes cover courses fees and living expenses.