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 website for more info.

Duration:

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
Application:

For PSEA Standing Order application:

  1. If using your own account
    Submit an e-application via https://go.gov.sg/psea-p1s; or scan the following QR code

    PSEA SO1
    (You and your parent/guardian must have SingPass and email account to submit the PSEA e-application)
  2. If using your sibling's account
    Please submit PDF copy of signed and completed Standing Order Form. You may obtain it via:

    i. Download Standing Order Form from PSEA website [Link], or 
    ii. Obtain a hardcopy form from One Stop Centre (T16, level 1)

    Completed form is to be scanned and submitted via contactus@sp.edu.sg.

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

For more information, visit www.moe.gov.sg/contact

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 for info on CPF-Education Loan Scheme]

Eligibility criteria:Full-Time Diploma students

(Students who are non-Singaporeans will need a guarantor)

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.

DBS 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)

Duration:

3 years or per loan agreement signed with DBS Bank

Tuition Fee Loan Application Forms are sent to newly enrolled students in their enrolment package. For non-freshmen, application forms are available in the OSC forms website

Complete the hardcopy application and visit any DBS branch (except for 24/7 Self-Service branches) with your guarantor.
(Refer to branch locator at this URL for the most up-to-date listing of DBS branches.)

Frequently Asked Questions (FAQs) for the tuition fee loan can be found on the DBS website.