Course Fees & Financial Schemes
Course Fee
Full-time Diploma Course fees for Academic Year 2018/2019:
  Singaporean Singapore
PR
International
Fees
(with Tuition Grant)
$2,890.55 $5,720.55 $10,156.65

PFP Course fees for Academic Year 2017/2018:
  Singaporean Singapore
PR
International
Fees $430.55 $2,372.65 $9,456.65

Troubled over the high school fees and schooling expenses? There are various forms of financial assistance schemes that you can apply for. Thousands of students in SP benefit from the following schemes each year. Read on to find out if you are eligible.

Schemes that help pay for tuition fees:

  1. Tuition Grant Scheme
  2. Mendaki Tertiary Tuition Fee Subsidy (Mendaki TTFS)
  3. SkillsFuture Credit (SFC)
  4. Post Secondary Education Account (PSEA)
  5. CPF Approved Education Scheme (CPF-AES)
  6. Tuition Fee Loan (TFL)

Schemes that can be used to pay for tuition fees or living expenses:

  1. SP Donors - Sponsored Scholarship/ Bursary
  2. CDC/CCC - Polytechnic Bursary
  3. MOE Bursary
  4. Needy Funds

Schemes that can be used to pay for Notebook:

  1. PC Bundle Scheme by the Infocomm Develoment Authority of Singapore (IDA)
  2. Notebook Subsidy

Students can apply a combination of the above schemes.

General Notes About Application for Financial Assistance

  • Students must be enrolled into Singapore Polytechnic to be eligible for the above schemes.
  • Students need the SPICE user ID and password (issued during enrolment) for access to the the Student Administration System (SAS).
  • Application dates are subjected to change. Please check your student email or SP website (www.sp.edu.sg/financialassistance) to confirm.

How to Calculate Monthly Per Capita Income (PCI)?

Monthly Per Capita Income (PCI) = Total gross monthly household income / No. of people living in applicant's household

Gross income refers to amount before deduction of CPF. It includes allowances, overtime, commissions etc.

More Information

For more information, visit the Financial Assistance website or call 6775-1133 or walk in to the Student Service Centre at T16, Level 1.

Students who accept Tuition Grant are eligible to apply for the Financial Schemes to pay for Course Fees. You may apply for one or more of the Financial Schemes depending on your financial needs.

1) Mendaki Tertiary Tuition Fee Subsidy (Mendaki TTFS)

TTFS is an education subsidy for Malay students, which covers their tuition fees at tertiary institutions. Students with Malay as their first component race of a double-barrelled race (i.e. Malay-Indian or Malay-Chinese) are also eligible for the scheme. The Government, together with Yayasan MENDAKI, has revised the income eligibility criteria for the scheme to benefit more Malay students in tertiary institutions. Students with household Per Capita Income (PCI) less than $1,500 are eligible for this subsidy, which covers up to 100% of tuition fees payable.

To apply, please log on to http://tfas.mendaki.org.sg.
For further enquiries, please contact Yayasan Mendaki at Tel: 6551-2840 or email: tffs@mendaki.org.sg.

2) SkillsFuture Credit (SFC)

SFC is applicable to work-skills related education and training courses to empower Singaporeans in their learning and development, to deepen and broaden their skills. Government will provide periodic top-ups, so you may accumulate your credit which will not expire.  SFC can be used on selected courses offered by Polytechnics - full list of available courses at www.skillsfuture.sg/credit.  Singaporean students above 25 years of age are eligible for this credit.  

To apply, please log on to http://www.skillsfuture.sg/credit by using your own SingPass.
For further enquiries, please contact SFC at Tel: 6785-5785.

3) Post Secondary Education Account (PSEA)

The PSEA scheme is administered by MOE.  The balance amount in Edusave account will be transferred to PSEA when he/she is 16 years old or when he/she leaves Secondary School/Junior Colleage, whichever occurs later.  To use this fund to pay course fees, students should fill in the PSEA Standing Order form (available at the Student Service Centre or on MOE's PSEA website) and hand in to SP's Student Service Centre.

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

4) CPF-Approved Education Scheme (CPF-AES)

Students may apply for a loan from your own or your parent's CPF savings to pay the tuition fees. Under this scheme, students can take up a loan up to 100% of the tuition fees payable.  To apply, student and parent should each have a Singpass to log into www.cpf.gov.sg and email accounts.

For further enquiries, please contact CPF Call Centre at Tel: 1800-227-1188 or email: education@cpf.gov.sg.

5) Tuition Fee Loan (TFL)

SP offers a government-funded interest free education loan, administered by DBS Bank, to Singaporeans, Singapore Permanent Residents and Foreign students studying in SP. Under this scheme, students can take up a loan up to 75% of the tuition fees payable. Students can go to any DBS bank with his/her guarantor to apply for this loan scheme.

For further enquiries, please contact DBS customer hotline at Tel: 6333-0033 or email: customerservice@dbs.com.

At SP, we have schemes that provide assistance for students with financial difficulty.

1) SP Donors- Sponsored Scholarship/ Bursary

Each year, hundreds of scholarships and bursaries are given out through this scheme because of donations by organizations and individuals. Selections are based on donors' criteria (which may include nationality, course, academic performance, financial circumstances etc).

Award: up to $3,000/academic year

Eligibility criteria:

  • Any nationality, but priority will be given to Singaporeans
  • Priority will also be given to students with lower household Per Capita Income*

Students can apply via Student Portal in April each year.

2) CDC/CCC - Polytechnic Bursary

A government funded bursary for Singaporean students, applicable once per academic year.

Eligibility criteria:

  • Singaporeans
  • Full-time Diploma students
  • Gross monthly household per capita income (PCI*) of $1,000 and below or gross household income (GHI^) of $4,000 and below
  • Not in receipt of the MOE Bursary in the same Academic Year

CDC/CCC-Polytechnic Bursary

Tier

PCI*

OR

GHI^

Quantum

1

$625 or less

$2,500 or less

$2,350

2

$626 to $1,000

$2,501 to $4,000

$2,150

Students can apply via Student Portal in April and October each year.

3) MOE Bursary

A government funded bursary for Singaporean students, applicable once per academic year.

Eligibility criteria:

  • Singaporeans
  • Not in receipt of the CDC/CCC-Polytechnic Bursary in the same academic year

MOE Bursary (Full-time diploma students)

Tier

PCI*

OR

GHI^

Quantum

1

$1,725 or less

$6,900 or less

$1,650

2

$1,726 to $2,250

$6,901 to $9,000

$800


MOE Bursary (PFP students)

PCI*

GHI^

Quantum

$625 or less

$2,500 or less

$870

*Part-time students, please approach PACE Academy for information regarding bursary application

4) Needy Funds

Full-time Diploma students encountering acute financial hardship may apply for the SP Needy Fund. An application form is to be submitted. Make an appointment to see an officer-in-charge at the Student Service Centre. You may contact 6775-1133 or email at contactus@sp.edu.sg.

Students may apply for an appropriate scheme listed below:

1) Infocomm Media Development Authority (IMDA) NEU PC Plus Programme

For highly subsidized PC and/or Broadband, students may apply this.

Eligibility Criteria:

  • Singaporean or PR
  • Full-time student (aged 25 and below) or has a permanent disability
  • Gross monthly household income must not exceed $3,400 or per capita income must not exceed $900 ($1,125 if there is a permanently disabled household member)
  • Past recipient of a PC-Bundle under the Neu PC Plus Programme may reapply only after a lapse of 3 years from last deployment to the household

For Eligibility Criteria and Application Guide, please refer to the Financial Assistance website.

2) Notebook Subsidy Scheme

Eligibility Criteria:

  • Singaporeans
  • PFP / Full-time diploma students in 1st year of study
  • Not received this subsidy before
  • Applied for a bursary in SP (CDC/CCC-POlytechnic Bursary or MOE Bursary) in this academic year

Notebook Subsidy

PCI*

OR

GHI^

Quantum

$1,000 and below

$4,000 and below

Up to $800

For Eligibility Criteria and Application Guide, please refer to the Financial Assistance website.