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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.

Financial Aid for Tuition Fees

Bursaries & Grants

Financial Aid for IT Devices

Additional Financial Aid

Financial Aid for Tuition Fees

Bursaries & Grants

Financial Aid for IT Devices

Additional Financial Aid

Contact Us

Financial Assistance Enquiries
Tel: 6460 7553
Email: askSAS@np.edu.sg
Block 22 Level 3 Student & Alumni Services Office

NGEE ANN  

CPF Education Scheme

  • Eligibility
  • Full time students can apply to use their own or their parents’ CPF savings to pay for the tuition fees.
  • International students will need to provide the particulars of a guarantor.
  • The withdrawal limit for education is 40% of the balance in the ordinary account, including amounts with-drawn for education and investments.
  • Loan Amount / Value
  • 100% of tuition fee
  • Interest Rate
  • Prevailing CPF interest rate
  • Interest Accrual
  • Interest will be charged from the time the savings are withdrawn
  • Maximum Repayment Period
  • 12 years
  • Minimum Amount of Repayment
  • $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 completing the course