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.

Guide to Fees and Financial Assistance

Download Guide to Fees and Financial Assistance


Financial Aid for Tuition Fees

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 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 additionals documents.
  • Applicants using the funds in their siblings' PSEA account must submit their applications using this online form
  • For more information about PSEA and usage of funds, please click here.

Application Period

  • Closes 30 June (Semester 1) and 5 November (Semester 2). 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​

  • All full time students (Singaporeans, Permanent Residents and International students)
  • Permanent Resident and International students must have executed the Tuition Grant deed with MOE before they are eligible to apply for this scheme
  • International students must appoint a guarantor and provide their particulars during application

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  • Withdrawal limit for education is 40% of the balance in the Ordinary Account (OA), including amounts withdrawn for education and investments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

  • Singapore Citizens and Singapore Permanent Residents must submit their applications online by logging in with SingPass. Please ensure that both applicant and CPF member have valid SingPass accounts before applying.
  • International students who wish to apply to use CPF may write to FIN_STUDENT@np.edu.sg to obtain a copy of the application form.

Application Period

  • Open from 19 Sep 2022 to 5 Nov 2022 (Semester 2). ​
  • ​​To find out more, please call the CPF Education Loan Scheme hotline at 1800-227-1188​​​

Eligibility​

  • Full time diploma students with Per Capita Income (PCI)^ of $2,000 or less
  • Singapore Citizens and Singapore Permanent Residents
  • 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 below 100% 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 Sep 2022 to 31 Oct 2022 (Semester 2).​​

Eligibility

  • All full time students (Singaporeans, 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

  • Average of prime rates of DBS, UOB & OCBC at about 4.75%

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

  • Download loan agreement form ( 251KB)
  • First-time applicants and their guarantors are to call personally only at the DBS Raffles Place Branch with the completed Acceptance Form, their identity cards/passports and Letter of Offer (which must be signed in the presence of a bank officer). DBS Raffles Place Branch is located at 22 Malacca Street #01-00 RB Capital Building Singapore-048980 and it is open on Mon-Fri 8.30am to 4.30pm or Sat 8.30am to 1pm (closed on Sundays and Public Holidays). ​

Application Period

  • Closes ​5 November (​​Semester 2). 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 $1,000 or gross monthly household income of not more than $4,000. 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 $691 or GHI less than $2,751: $2,750
  • PCI $691 to $1,000 or GHI from $2,751 to $4,000: $2,400
  • 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

  • Final application period for Academic Year 2022 is open from 2 to 8 January
  • Applications for Academic Year 2023 open end March 2023

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 $1,001 to $1,725 or GHI from $4,001 to $6,900: $1,900
  • PCI $1,726 to $2,250 or GHI from $6,901 to $9,000: $850

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

  • Final application period for Academic Year 2022 is open from 2 to 8 January
  • Applications for Academic Year 2023 open end March 2023

DFP Bursaries are available to help financially challenged students enrolled into NP’s Polytechnic Foundation Programmes to cope with tuition fees and other educational expenses.​

Eligibility​

  • Polytechnic Foundation Programme (PFP) student
  • Singapore Citizen​

Value of Award

  • PCI less than $691 or GHI less than $2,751: $970

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

  • Final application period for Academic Year 2022 is open from 2 to 8 January
  • Applications for Academic Year 2023 open end March 2023

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. The selection of candidates and the award of the bursary are based on the donor's 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 Description Donor
Annie Tan (Mrs Wan Boo Sow​) 陳玉貞​ (雲茂潮夫人) Bursary Family of the Late Mr Wan Boo Sow (雲茂潮先生)
ESR-REIT Bursary ESR-REIT
Lien Ying Chow Bursary Lien Foundation
N K Lee Bursary Mr Lee Nam Kwang
Ngia Soon Chia Bursary Mr Ngia Soon Chia
PAP Community Foundation (PCF) Study Award PAP Community Foundation
Pesi B Davar Memorial Scholarship (Bursary) Pesi B Davar Memorial Scholarship Fund
Real Estate Business Bursary Anonymous
Real Estate Business Bursary Tan Agnes Jiannee Bursary
Tan Joo Kee Scholarship (Bursary) Late Mr Tan Joo Kee
Ted de Ponti Bursary Estate of the Late Mr Ted de Ponti
Toh Kian Chui Foundation Bursary Toh Kian Chui Foundation
Wan Boo Sow (雲茂潮) ASEAN Bursary Family of the Late Mr Wan Boo Sow (雲茂潮先生)
Worldwide Hotels – Choo Chong Ngen Bursary Mr Choo Chong Ngen

​Private Donor Student Aid Grants

Award Description Donor
Annie Tan (Mrs Wan Boo Sow) 陳玉貞 (雲茂潮夫人) Professional Student Aid Grant Family of the Late Mr Wan Boo Sow (雲茂潮先生)
Arborleaf Student Aid Grant Mr Clayton Lee
Chan Cheak Tin & Chue Wai Seen Student Aid Grant Ms Chan Mee Yee
Chan Lai Yee Student Aid Grant Ms Chan Mee Yee
Choo & Lim Student Aid Grant Mr Choo Chiau Beng
Class of 1983 Student Aid Grant Prof. Ho Yew Kee
Crowe Student Aid Grant Crowe Singapore
Dr & Mrs Lim BC Student Aid Grant Anonymous
Equinix Student Aid Grant Equinix Singapore Pte Ltd
George Chow Student Aid Grant George Chow Endowment Fund
GRAB Student Aid Grant GrabCar Pte Ltd
Hong Leong Foundation Student Aid Grant Hong Leong Foundation Pte Ltd
Invictus Student Aid Grant Mr and Mrs Kevin Chuat
JEL Student Aid Grant Jurong Engineering Limited
K C Lee Student Aid Grant
K C Lee & Family
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​​​​
Law Min Student Aid Grant
Anonymous​​​
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
Masonic Charitable Fund – Oldham Lodge Bursary (Student Aid Grant)
Masonic Charitable Fund – Oldham Lodge​
MisterBoon & Associates Student Aid Grant
Mr Tan Wee Boon​​
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​​​
Ngia Soon Chia Student Aid Grant
Mr Ngia Soon Chia​
​Real Estate Business Student Aid Grant
SAEA Ltd
​Renee Chew Student Aid Grant
Late Ms Renee Chew Bee Neo
Richard Lee Memorial Fund Student Aid Grant Richard 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
SPH Chinese Media Group Student Aid Grant
​Singapore Press Holdings​
​Tan Ean Kiam Bursary Student Aid Grant
Tan Ean Kiam Foundation​
​Tan E​ng Keow Student Aid Grant
Late Mr Giam Choo Huat​
​Tao One Bursary (Student Aid Grant)
Tao One Ltd​
The Daisy Phay Foundation Student Aid Grant
The Daisy Phay Foundation
Uniweld Student Aid Grant
Uniweld Products (USA) Pte Ltd
UOL Student Aid Grant
UOL Group Limited​​
Wan Boo Sow (雲茂潮) Student Aid Grant
Family of the L​ate 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

Other Grants and Awards​

Award Description Donor
Income OrangeAid
NTUC Income
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
Tan Ngak Buay & Kee Meng Lang Foundation Bursary
Tan Ngak Buay & Kee Meng Lang Foundation

Financial Aid for IT Devices

Eligibility​

  • All full-time students (Singaporeans, Permanent Residents and International students)
  • Gross Household Income (GHI) of $4,000 and below or Per Capita Income (PCI) of $1,000 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

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

  • Full-time diploma student
  • Singapore Citizen
  • Gross Household Income of $4,000 or less, or Per Capita Income of $1,000 or less
  • Notebook computers 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
  • ​iPads must be purchased from the official Apple store (retail or online, including Education pricing​)
    • 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
  • Reimbursement of $200 for iPad [only for CHS, ECDE, TSE students who enrolled before AY2022]​

How to Apply

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

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

  • Full-time diploma student
  • Singapore Citizen
  • Gross Household Income of $4,000 or less, or Per Capita Income of $1,000 or less
  • Notebook computers 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
  • ​iPads must be purchased from the official Apple store (retail or online, online, including Education pricing​)
    • 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
  • Reimbursement of $200 for iPad [only for CHS, ECDE, TSE students who enrolled before AY2022]​

How to Apply

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 NEU PC Plus Programme (PC-Bundle scheme) by IMDA offers students from low income households the opportunity to own a new computer at an affordable price.

Eligibility

  • Singapore Citizens and Singapore Permanent Residents
  • Gross Household Income (GHI) of $3,400 or less, or Per Capita Income (PCI) of $900 or less
  • Past recipients of a PC-Bundle scheme may reapply only after three years from the last deployment to the household

Coverage / Value

Subsidy Level Tier 1: PCI < $700 Tier 2: PCI > $700
Singapore Citizen Up to 75% subsidy
Up to 50% subsidy
Singapore Permanent Resident Up to 50% subsidy Up to 50% subsidy

How To Apply​

  • Download and complete application forms available here
  • Submit completed application form to SAS_FAS@np.edu.sg for endorsement
  • Mail endorsed application form and supporting documents to lead agency (NP does not process applications)

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
  • Download application form
  • Submit duly completed application form to trip advisors before stipulated due date
  • Should the application be successful, a bank agreement form will be given to student
  • Bring the duly completed agreement, accompanied by guarantor, to any DBS branch to sign the agreement in the presence of the bank officer
  • Guarantor must
    • Be at least 21 years of age, and shall not exceed 60 years of age
    • Be a Singapore Citizen for SC students OR;
    • Be a Singapore Citizen or Singaporean Permanent Resident for SPR and international students;
    • Not be an undischarged bankrupt

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 & Alumni Services Office