Aid

Every Student Matters

No student should be denied an education because of their financial constraints. NP offers a host of financial schemes to help needy students pay for their educational expenses.

Download Guide to Fees and Financial Assistance for Full-time Diploma Students  



Financial Aid for Tuition Fees

Eligibility​

  • Singapore Citizens and Singapore Permanent Residents with Per Capita Income (PCI)^ of $2,000 or less
  • Singapore Permanent Residents m​ust have executed the Tuition Grant deed with MOE before they are eligible to apply to apply for this subsidy
  • Of Malay descent (including Malay, Acehnese, Ambonese, Batak, Bugis, Baniarese, Boyanese, Butonese, Dusun, Dayak, Iban, Indonesia, Javanese, Kadazan, Kelabit, Minangkabau, Murut, Makasarese, Melanau, Sumatran, Sundanese, and Indonesian Extract)
  • Students with double-barreled race, having one of the above as the first component, are also eligible (e.g, Malay-Arab)

Coverage / Value

  • The subsidy coverage is based on a three-tier system where students with Per Capita Income (PCI)^ of $2,000 or less will be eligible for the following subsidy:

    MI/HM
    Eligible Subsidy
    $1,400 and below100% of tuition fee​​
    $1,401 to $1,700
    75% of tuition fee​​
    $1,701 to $2,000
    50% of tuition fee​​
  • ​^ Per capita income (PCI) is defined as the total gross monthly household income (GHI) of immediate and non-immediate family members over the total number of immediate and non-immediate family members.
  • ​​This scheme does not cover other compulsory fees charged by the polytechnic during the academic year.

​How to Apply

Application Period

  • ​Open from 15 Feb 2024 to 30 Apr 2024 (Semester 1).​​

Eligibility

  • Singapore Citizen students with balance in their PSEA (Edusave) accounts; OR
  • Students with Singapore Citizen siblings with balance in their PSEA (Edusave) accounts

Coverage / Value

  • Up to 100% of tuition fee and other fees, subject to sufficient balance in the account

How to Apply

  • Check available balance in your PSEA account, and/or your sibling's if you are using their PSEA account
  • Applicants using the funds in their own or their siblings' PSEA account must submit their applications online. If the applicant is above 21 years of age, please login with your own Singpass. If you are below 21 years old, your parent or legal guardian must complete the form on behalf of the applicant.
    • Please note that legal guardians will be required to upload supporting documents as proof that they have the legal authority to decide on behalf of the student. Should further verification be required, NP will contact the student to furnish additional documents.
  • Find out more information about PSEA and usage of funds.

Application Period

  • Open from 15 Feb 2024 to 30 Apr 2024 (Semester 1). If an application is submitted past the closing date for the semester, it is deemed to be an application for the following semester's fees unless informed otherwise via email to fin_student@np.edu.sg
  • For enquiries about using PSEA to pay for your tuition and other fees at NP, please email fin_student@np.edu.sg
  • To check on your PSEA account balance or make enquiries, contact the PSEA Scheme Hotline: 6260 0777.

Eligibility​

  • Singapore Citizens and Singapore Permanent Residents
  • Permanent Residents must have executed the Tuition Grant deed with MOE before they are eligible to apply for this scheme

Coverage / Value​

  • Withdrawal limit for education is 40% of the balance in the Ordinary Account (OA), including amounts withdrawn for education and investments
  • Up to 100% of tuition fee only

Interest Rate​

  • Prevailing CPF interest rate on Ordinary Account, up to 3.50% pa. Interest rate is reviewed quarterly

Interest Accrual

  • Interest will be charged from the time the savings are withdrawn

Repayment Period

  • Maximum of 12 years

Repayment Amount

  • Minimum $100 per month in cash payable to CPF Board
  • CPF Savings cannot be used for repayment

Commencement of Loan Repayment

  • 1 year after graduation OR;
  • 1 year after leaving the Polytechnic without completion of course

How to Apply

  • Applications must submit their online applications by logging in with SingPass. Please ensure that both applicant and CPF member have valid SingPass accounts before applying.

Application Period

  • Open from 15 Feb 2024 to 30 Apr 2024 (Semester 1). ​
  • ​​To find out more, please call the CPF Education Loan Scheme hotline at 1800-227-1188​​​

Eligibility

  • Singapore Citizens, Permanent Residents and International students
  • Singapore Permanent Residents and International students must have executed the Tuition Grant deed with MOE before they are eligible to apply for the loan

Coverage / Value

  • Up to 75% of the tuition fee only

Interest Rate

  • For applications signed before 1 April 2024: Average of prime rates of DBS, UOB & OCBC at about 4.75%, applicable until 31 April 2027
  • For applications signed on or after 1 April 2024: 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. Applicable interest rates are available on the DBS website

Interest Accrual

  • 1 month after graduation or after leaving the Polytechnic without completing the course
  • 1 month after ORD for those with NS obligation

Repayment Period

  • Maximum of 10 years

Repayment Amount

  • Minimum of $100 per month via GIRO

Commencement of Loan Repayment

  • For those graduating in 1st half of the year will commence repayment not later than 1st June in the calendar year immediately following the year of graduation
  • For those graduating in 2nd half of the year will commence repayment not later than 1st December in the calendar year immediately following the year of graduation
  • For those with NS obligation will commence repayment within one year after completion of NS
  • For those who leave the Polytechnic without completing the course, repayment will commence from the first day of the month immediately upon the receipt of notification of such happening

How to Apply

  • Submit online application
  • A list of required supporting documents, guide to obtaining digibank access as well as frequently asked questions is available on the DBS website
  • Digital submissions at DBS Bank website will be temporarily unavailable from 1 to 8 April 2024 due to system implementation for interest rate change. Students are advised to hold off on their applications until the implementations are completed.

Application Period

  • Open from 15 Feb 2024 to 30 Apr 2024 (Semester 1). If an application is submitted past the closing date for the semester, it is deemed to be an application for the following semester’s fees unless informed otherwise via email to fin_student@np.edu.sg
  • To find out more, please call the DBS Tuition Fee Loan hotline at 6333 0033

Bursaries & Grants

This scheme is administered by respective CDCs/CCCs. It is offered to applicants who are Singapore Citizens with per capital income of not more than $1,100 or gross monthly household income of not more than $4,400. It is co-funded by the Government, Community Development Council (CDC) and Citizens' Consultative Committee (CCC).​

Eligibility​

  • Full-time government-subsidized diploma student
  • Singapore Citizen​

Value of Award

  • ​PCI less than $751 or GHI less than $3,001: $2,950
  • PCI $751 to $1,100 or GHI from $3,001 to $4,400: $2,600
  • Additional top-up Student Aid Grant to defray the costs of tuition fees and other educational expenses to be accorded automatically

Disbursement of Award

  • Approved applicants will receive the bursary award in two tranches
  • The award will be disbursed via GIRO credited to bank account, minus any outstanding tuition fees at point of disbursement

How To Apply

  • ​​​​Apply via NPal Student Portal
  • For more information on application procedures and checklist of required supporting documents, please refer to the application guide

Application Period

  • 25 March 2024 to 19 April 2024

Funded by the Government, the bursary provides financial assistance to Singaporean students from the lower to middle income groups, as part of the Government's commitment to ensure that no able students are deterred by the cost of post-secondary education due to their financial circumstances.​

Eligibility​

  • Full-time government-subsidized ​diploma student
  • Singapore Citizen​

Value of Award

  • ​PCI $1,101 to $1,875 or GHI from $4,401 to $7,500: $2,000
  • PCI $1,876 to $2,500 or GHI from $7,501 to $10,000: $900

Disbursement of Award​

  • ​Approved applicants will receive the bursary award in two tranches
  • The award will be disbursed via GIRO credited to bank account, minus any outstanding tuition fees at point of disbursement

How To Apply

  • ​​​​Apply via NPal Student Portal
  • For more information on application procedures and checklist of required supporting documents, please refer to the application guide

Application Period

  • 25 March 2024 to 19 April 2024

With generous donations from philanthropic individuals, charitable organizations and foundations, NP is able to help more financially challenged students in the form of bursaries and grants. Administered by NP, these bursaries and grants are valued between $900 to $5,000 per academic year.

Application for private donor bursaries and grants is by nomination only for full-time diploma students with Gross Household Income of less than $10,000, or Per Capita Income of less than $2,500. The selection of candidates and the award of bursary may be based on other eligibility criteria such as nationality, course of study, financial need and academic performance. Shortlisted applicants may be invited to attend an interview.

Private Donor Bursaries

Award DescriptionDonor
Annie Tan (Mrs Wan Boo Sow) 陳玉貞 (雲茂潮夫人) ASEAN BursaryFamily of the Late Mr Wan Boo Sow (雲茂潮先生)
Annie Tan (Mrs Wan Boo Sow) 陳玉貞 (雲茂潮夫人) Chinese Studies BursaryFamily of the Late Mr Wan Boo Sow (雲茂潮先生)
GGB Family Care Fund BursaryGGB Family Care Fund
Lien Ying Chow BursaryLien Foundation
N K Lee BursaryMr Lee Nam Kwang
PAP Community Foundation (PCF) Study AwardPAP Community Foundation
Pesi B Davar Memorial Scholarship (Bursary)Pesi B Davar Memorial Scholarship Fund
Real Estate Business BursaryAnonymous
Tan Agnes Jiannee BursaryAnonymous
Tan Joo Kee Scholarship (Bursary)Late Mr Tan Joo Kee
Ted de Ponti BursaryEstate of the Late Mr Ted de Ponti
Toh Kian Chui Foundation BursaryToh Kian Chui Foundation
Wan Boo Sow (雲茂潮) ASEAN BursaryFamily of the Late Mr Wan Boo Sow (雲茂潮先生)
Worldwide Hotels – Choo Chong Ngen BursaryMr Choo Chong Ngen

Private Donor Student Aid Grants

Award DescriptionDonor
Annie Tan (Mrs Wan Boo Sow) 陳玉貞 (雲茂潮夫人) Professional Student Aid GrantFamily of the Late Mr Wan Boo Sow (雲茂潮先生)
Arborleaf Student Aid GrantMr Clayton Lee
Chan Cheak Tin & Chue Wai Seen Student Aid GrantMs Chan Mee Yee
Chan Lai Yee Student Aid GrantMs Chan Mee Yee
Chew Gim Heng Student Aid GrantMr Chew Gim Heng
Choo & Lim Student Aid GrantMr Choo Chiau Beng
Class of 1983 Student Aid GrantProf. Ho Yew Kee
Crowe Student Aid GrantCrowe Singapore
Dr & Mrs Lim BC Student Aid GrantAnonymous
Effissimo Foundation Student Aid GrantAnonymous
EuTech Student Aid GrantMs Yu Chuan Teh
Evelyn Chew Student Aid GrantMs Evelyn Chew
FAM (Fortitude Assurance Management) Student Aid GrantMr Augustine Seah
Franklin Covey Student Aid GrantFranklin Covey Singapore Pte Ltd
George Chow Student Aid GrantGeorge Chow Endowment Fund
Hong Leong Foundation Student Aid GrantHong Leong Foundation Pte Ltd
Invictus Student Aid GrantMr and Mrs Kevin Chua
JEL Student Aid GrantJurong Engineering Limited
K C Lee Student Aid Grant
K C Lee & Family
Kok Yoke Kheng Student Aid GrantMs Tan Mee Nah
Kwan Im Thong Hood Cho Temple Student Aid Grant
Kwan Im Thong Hood Cho Temple
L-QuBe Student Aid Grant
Mr and Mrs Low Jun Wei
Lee Foundation Student Aid Grant
Lee Foundation
Lien Ying Chow Student Aid Grant
Lien Foundation
Lim Chiew Sen Student Aid Grant
Mr Lim Chiew Sen and Mdm Tan Li Lian
Lim Leng Swan Study Award
Diana Koh Foundation
Loke Mun Chong Student Aid Grant
Late Mr Loke Mun Chong
Mind Stretcher Student Aid Grant
Mind Stretcher Education Pte Ltd
Mothership Bursary (Student Aid Grant)Bridgewater Holdings Pte Ltd
N K Lee Student Aid Grant
Mr Lee Nam Kwang
NAA Student Aid Grant
Ngee Ann Alumni
NP Co-op Student Aid Grant
Ngee Ann Polytechnic Cooperative Society
NP Student Aid Grant
Various donors
Owls Student Aid Grant
Anonymous
Real Estate Business Student Aid Grant
SAEA Ltd
Renee Chew Student Aid Grant
Late Ms Renee Chew Bee Neo
Richard Giam Student Aid GrantMr Richard Giam
Richard Lee Memorial Fund Student Aid GrantRichard Lee Memorial Fund
Saw Ken Wye Student Aid Grant
Mr Saw Ken Wye
Shanti-O'Brien Student Aid Grant
Anonymous
Shaw Foundation Student Aid Grant
Shaw Foundation
Silver Lining Student Aid GrantAnonymous
Tan Boon Hua Student Aid Grant
Mr Tan Boon Hua
Tan Eng Keow Student Aid Grant
Late Mr Giam Choo Huat
Tan Tong Kiat Student Aid Grant
Mr Tan Chin Chong
Tay Family Student Aid Grant
Mr Tay Kai Ren
The Daisy Phay Foundation Student Aid Grant
The Daisy Phay Foundation
UOL Student Aid Grant
UOL Group Limited
Wan Boo Sow (雲茂潮) Student Aid Grant
Family of the Late Mr Wan Boo Sow (雲茂潮先生)
WangLong Student Aid Grant
Anonymous
Wee Hoe Cheng Chemicals Student Aid Grant
Wee Hoe Cheng Chemicals Pte Ltd
Woke Salaryman Student Aid Grant
Salaryman Pte Ltd
Yongjing Investments Student Aid Grant
Yongjing Investments Pte Ltd

Other Grants and Awards

Award DescriptionDonor
Income OrangeAid
Income Insurance Limited
IWF Education Grant
IWF Singapore Education Grants Fund
NParks-Peter Lim Awards
Mr Peter Lim
Singapore Buddhist Lodge Education Foundation Bursary
Singapore Buddhist Lodge Education Foundation
Temasek Foundation Study Award for Community Development (Student Aid Grant)
Temasek Foundation

 

Financial Aid for IT Devices

Eligibility​

  • Singapore Citizens, Permanent Residents and International students
  • Gross Household Income (GHI) of $4,400 and below or Per Capita Income (PCI) of $1,100 and below​

Loan Amount

  • Up to $2,000 (inclusive of GST) for notebook computer
  • Eligible students will have the Opportunity Fund Subsidy net off against the total loan amount repayable​

Interest Rate

  • Not applicable

Repayment Period​

  • Maximum of 2 years

Repayment Amount

  • Minimum $100 per month via GIRO
  • In the event that the student leaves the Polytechnic without completing his/her course of study, the loan shall become due and payable immediately, subject to the Polytechnic’s right to allow repayment by monthly installments as it deems fit
  • Interest of 1% per month shall be charged if student defaults on loan repayment

Commencement of Repayment

  • No later than 14 months upon graduation
  • Those with NS obligation will commence repayment within one year upon Operational Ready Date (ORD)

Loan Guarantor

  • Above 21 years of age and below 60 years of age, and not be an undischarged bankrupt
  • Singaporean applicants must have a Singaporean guarantor, Singapore PRs and international students must have a Singaporean or Singapore PR guarantor

Terms & Conditions

  • ​The device shall be used by the student for his/her course of study in the Polytechnic, and he/she shall not lend, hire or sell the device to any other person
  • The Polytechnic reserves the right to withdraw the interest-free loan if the student is deemed to be using the device for purposes other than for his/her study

How to Apply

  • Submit online application using the Singpass of student applicant
  • More information and list of supporting documents required can be found here (920KB)

Other Information

  • For other general enquiries (apart from financing loans), please contact the Office of Learning Technologies at 6460 6295 / 6460 6614.

This one-time IT device subsidy aims to help students offset some of the cost of purchasing IT devices. The subsidy is given on a reimbursement basis.

Eligibility

  • Singapore Citizens
  • Gross Household Income of $4,400 or less, or Per Capita Income of $1,100 or less
  • Notebook computers (including MacBooks) must be purchased from NP-authorized vendors listed on the Notebook website
    • ​If the preferred model is out of stock, please check with the vendor on the restock timeline, do not purchase from external vendors
    • Purchases made from other vendors include official Apple retailers such as Challenger, Best Denki will not be eligible for the subsidy
  • Application must be made within three months from the date of invoice/receipt date
  • Must have not received this subsidy before​

Coverage / Value

  • Reimbursement of $400 for notebook computer

How to Apply

  • Submit online application using the Singpass of student applicant
  • More information and list of supporting documents required can be found here (920KB)

Disbursement of Subsidy

  • Students who have paid for the purchase upfront will receive the reimbursement via GIRO credited to bank account
  • Students who have applied to finance the purchase through the Notebook Loan will have the reimbursement net off against the total amount repayable

The DigitalAccess@Home scheme by IMDA provides subsidized broadband and digital devices (laptop or tablet) to low-income Singaporean households to strengthen digital inclusion.

Eligibility

  • Students with at least one Singapore Citizen in the household
  • Gross Household Income (GHI) of $3,400 or less, or Per Capita Income (PCI) of $900 or less

Coverage / Value

Subsidy TierEligibility CriteriaPrice of Laptop
Tier 1You or household member is a beneficiary of HDB’s Public Rental Scheme OR MSF’s ComCare Long-Term/ Short-to-Medium Term Assistance OR MOE’s Financial Assistance Scheme (FAS)
AND
your GHI ≤ $1900 or PCI ≤ $650
$220 - $235
Tier 2You meet DigitalAccess@Home Scheme eligibility criteria, and reside in HDB 1-3 room flat
OR
You or household member is a beneficiary of MOE’s FAS, but you do not meet the criteria for Tier 1
$445 - $475
Tier 3You meet DigitalAccess@Home Scheme eligibility criteria, and reside in HDB 4 room flat or larger
$665 - $710

How To Apply​

Other Information

For more information, please visit the IMDA website

Additional Financial Aid

Post Secondary Education Account (PSEA) Ad-hoc Withdrawal

Students may apply for an ad-hoc withdrawal from their or their siblings' Post-Secondary Education Account (PSEA) to pay for fees for enrichment programs, including Overseas Student Programmes (OSP).

Eligibility

  • Singapore Citizens students with balance in their PSEA (Edusave) accounts; OR
  • Students with Singapore Citizen siblings with balance in their PSEA (Edusave) accounts

Coverage / Value

  • Maximum amount is the full cost less any subsidy or any other forms of sponsorship given to the student

How to Apply

  • Check available balance in your PSEA account, and/or your sibling's if you are using their PSEA account
  • Download PSEA Ad-hoc Withdrawal form
  • Submit the completed form to your advisors for the enrichment programmes or OSPs before the due dates given by them
  • For more information about PSEA and usage of funds, please visit the MOE website

Overseas Student Programme (OSP) Loan

Eligibility

  • Singapore Citizens
  • OSP Loan is only available once during your course of study
  • Must not concurrently hold another loan, award, bursary or scholarship that covers the full cost of the OSP
  • If you are in receipt for a loan, award, bursary or scholarship that covers part of the expenses, you may apply for the loan to cover the remaining cost less any NP subsidy and any amount withdrawn or to be withdrawn from PSEA for the OSP

Coverage / Value

  • Minimum of $500
  • Up to a maximum amount of 100% of full cost of OSP, less subsidies, sponsorships or withdrawals from PSEA

Commencement of Repayment

  • 1 year after graduation; OR
  • Upon employment, whichever earlier
How to Apply

Eligibility

  • All full-time students (Singaporeans, Permanent Residents and International students)
  • In serious need of financial support due to acute unforeseen circumstances such as death of the sole breadwinner, retrenchment that led to having no household income, terminal illness, accident/hospitalization of immediate family members within the last 3 months and in the absence of such financial assistance will jeopardize student’s education

Coverage / Value

  • One-time grant of $500

How to Apply


Contact Us

Financial Assistance Enquiries
Email: askSAS@np.edu.sg
Block 22 Level 3 Student Care Centre