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 website or 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 the student or his/her sibling has

Standing Order Forms to apply to use the funds are sent to newly enrolled students in their enrolment package. 
For non-freshmen, application forms are available in the SSC forms website.

To find out your PSEA balance, please call MOE’s Customer Service at:
Tel: 6260 0777 or email contact@moe.gov.sg

CPF Approved Education Scheme (AES)

Students can loan from their parents' or spouses' CPF savings (Ordinary Account) to pay for their tuition fees at Singapore Polytechnic

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.

Click on the heading for details of this scheme.
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:

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

 

Application for the CPF-AES is done via CPF website. Student will require a SingPass account and will submit the application from their CPF account to their parent's / spouse's account.

 

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

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