For Course Fees

Most of the following schemes cover the Course Fees. The student has to pay Other Fees (eg. statutory licence fees, insurance fees) using his/her own funds.

Tuition Grant Scheme

To subsidise students' Full-Time Diploma course fees, the Government of Singapore, through the Ministry of Education (MOE), provides students with the Tuition Grant.

All students who have been admitted into Singapore Polytechnic should apply for the Tuition Grant. Application is done online. Students who do not apply for the Tuition Grant will have to pay full fees.

More information can be found on the TG website.

Financial Schemes for Course Fees

Mendaki Tertiary Tuition Fee Subsidy (TTFS)

This Scheme, funded by the Singapore Government and managed by MENDAKI, is started to help Malay students complete tertiary education.
Eligibility Criteria:

Malay students who are Singaporean (SG) or Singapore Permanent Resident (SPR).

Subsidy Quantum:
Per Capita Income (PCI)*Tuition Fee Subsidy
$1,400 and below100%
$1,401- $1,70075%
$1,701- $2,00050%

*Per capita monthly household income is calculated by taking the total monthly household income divided by number of people in the household

* For SPRs, all subsidised fee will be based on prevailing SG fee rate. You may refer to Mendaki websitefor more info.


From time of approval until student completes his/her studies in Polytechnic

For more information, you may refer to Mendaki's websiteor contact them at 6245 5555.

MOE Post Secondary Education Account (PSEA)

This scheme allows students to use their PSEA funds to pay for Tuition Fees as well as other fees
Eligibility criteria:Singaporeans or students with Singaporean siblings who have PSEA funds
Quantum:Total amount of PSEA funds in the student or sibling's account

For PSEA Standing Order application:

If using student's PSEA or student & sibling(s)'s PSEA account 
Submit an e-application via; or scan the following QR code


Student, parent (or legal guardian) and siblings must be above 21 years old, have SingPass and email accounts to apply/authorise for MOE-PSEA.

To check your PSEA balance, please call MOE's PSEA Hotline at Tel: 6260 0777

For more information, visit

CPF Education Loan Scheme

Students can loan from their parents' or spouses' CPF savings (Ordinary Account) to pay for their tuition fees at Singapore Polytechnic [Click HERE to visit CPF website for information]

Eligibility criteria:
  • Full-time subsidised diploma students; and
  • Must be a Singapore Citizen (SC) or Singapore Permanent Resident (SPR)

*With effect from April 2024, CPF Board will only accept new applications from SC/SPRs

Quantum:Up to 100% of the tuition fees (excluding other fees)
Duration:From time of approval until student completes his/her studies in Polytechnic, or if the funds in the CPF account being used runs out.

Application is done on the CPF website for a limited time at the beginning of each semester. Student is required to have a SingPass.
For enquiries, please contact CPF Call Centre at Tel: 1800-227-1188 or send in your enquiry via the following link.

MOE Tuition Fee Loan (TFL)


This scheme, funded by MOE, allows students to take up an interest-free loan for the duration of his/ her studies in Polytechnic. The student needs only to repay the loan after graduation or after leaving the Polytechnic.

Eligibility criteria:All Full-Time Diploma students who are on the Tuition Grant Scheme

(Except students who are sponsored by companies or fully subsidised by MENDAKI)

Loan Quantum:Up to 75% of Tuition Fees

As for the other 25%, you can either pay in cash, apply for the CPF-AES Scheme (above)


3 years or per loan agreement signed with DBS Bank

  1. Please submit an online application via Tuition Fee Loan | DBS Singapore and follow the instructions on the ‘Apply Now’ section
  2. Student and Guarantor are required to register for digibank for the application
  3. Student will require the following documents to apply:
  • A copy of your Student Card / Offer Email from Admission Office
  • A copy of your Passport (for International students)
  • Click here to know what you need to prepare in advance to be able to submit your Tuition Fee Loan Application online
Interest Rate:Interest Rates (from 1 April 2024)

The following interest rates will be applicable to all new Government education loan (i.e. Tuition Fee Loan) agreements signed on and after 1 April 2024.

  • Standard interest* : 3-month compounded Singapore Overnight Rate Average (3M SORA) plus 1.5 percentage points or such other rates as may be determined from time to time by the bank
    * not applicable to interest-free Study Loan
  • Late payment interest for overdue and unpaid loans/loan instalment : 3M SORA plus 4.5 percentage points or such other rates as may be determined from time to time by the bank


  1. The interest rates will be revised on a half-yearly basis based on the 3M Singapore Overnight Rate Average (SORA) published on the Monetary Authority of Singapore’s (MAS) website on 1 March (for the period 1 April to 30 September) or 1 September (for the period 1 October to 31 March of the following calendar year).  If 1 March or 1 September falls on a weekend and/or a public holiday when the 3M SORA rates are not published by MAS, we will take the 3M SORA published on the MAS website on the last preceding business day in Singapore. For example, if 1 September is a Saturday, we will take the 3M SORA published on MAS website on 31 August
  2. Please visit DBS website at Education Loans for Your Studies | DBS Singapore  for the applicable interest rates on every 1 April and 1 October
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