Financial Assistance Scheme


Tuition Fees

1. The rates of full tuition fees payable by students for Academic Years 2002-03 are as follows:

Table A: Tuition Fees/Tuition Grant for Academic Year
2002 - 2003


Full Tuition
Fee S'pore/PR Students
Foreign Students

MOE Tuition Grant

Direct Student Payment
MOE Tuition Grant
Direct Student Payment

Laboratory Based Courses

- Comm Studies
- Computer Eng
- Engineering
- Materials Eng
- Science (Ed.)
- Bio. Sciences

$21,350 $15,700


$15,130 $6,220*

Non- Laboratory Based Courses

- Accountancy
- Business
- Arts (Ed.)

$19,350 $13,700 $5,650*
$13,130 $6,220*

Up to 80% of direct payment may be obtained from Tuition Fee Loans Scheme.
(Please refer to para 16 to 20. The direct payment is inclusive of 3% GST.
(amount of which is reflected in brackets)



Other Fees

Registration Fee
(payable on admission)

$5.15 ($0.15)

Students’ Union Entrance Fee

$10.30 ($0.30)
Students’ Union Subscription Fee $24.70 ($0.70)
Computer Fee $13.35 ($0.39)
Laboratory Fee
(for laboratory based courses)
$15.45 ($0.45)
Student Health Service Fees $51.50 ($1.50)
Sports Fee $24.70 ($0.70)
Matriculation $10.30 ($0.30)
Insurance (the premium is included in the Student's Bill) $1.65 ($0.05)*
Hostel Charges:
Single occupancy
Double occupancy

$160.00 - $190.00 (per mth)
$135.00 - $160.00 (per mth)

           The figures in brackets refer to 3% GST on the fees.
*This figure is subject to change as it is not confirmed at the point of printing. Copies of a circular containing information on the Group Personal Accident Insurance Scheme are available at the Student Affairs Office, Level 6 Admin Annexe.
University Copyright Licence Fee - The University is currently negotiating a copyright licence which will allow the University to make multiple copies of certain publications for students for a fee. The current proposed fee is S$5.00 per student per academic year. However, please note that this is not a licence for students to make unauthorized copies.

2. As has been the practice, national servicemen whose enrolment in the University is delayed by 1 or 2 years because they have to fulfill their NSF commitment, are allowed to enjoy 1-year or 2-year lag in the rates of direct payment. For such students, the amount they have to pay as direct payment will be shown in their bills issued by the Office Of Finance. The amount will depend on the year they were first offered a place in the University.

For example, national servicemen offered places in the University in the 2000 admission exercise will pay the 2000 rates of direct payment when they enrol in Academic Year 2002-2003. Those offered places in 2002-2003 will pay the rates of direct payment given in
Table A
when they enrol in 2 years’ time.



Payment of Fees

3. All payment of fees from the student's own funds will be made through GIRO. Students will be informed of the exact date of GIRO deduction in the Student Bills and Notice of Fees Payment. The completed GIRO form should be submitted to the Office of Finance, Level 2, Administration Building . Students are requested to submit only one GIRO application form for the whole course of study unless there is a change in the standing instruction with the Office of Finance.
(GIRO forms are available at the Office of Finance).

4. Students with Singapore home addresses will have their bills mailed to their home addresses. Students with Singapore home addresses who do not receive their bills by 15 July 2002, as well as all students with foreign home addresses, are requested to collect their bills from the Office of Finance, Students' Section, Level 2, Administration Building.

5. A late fee of $10.00 will be charged on fees not paid when due. Student who do not pay their fees are liable to be suspended from attendance at classes and will not be admitted to a University examination until all fees including the late fee, are paid in full.

6. Students who are unable to pay their fees in time for good reasons, should consult the Office of Finance before the fees are due and obtain approval to pay their fees at a later date.

7. A student who leaves the University after having attended classes for two or more weeks in a semester is liable for the payment of fees.


8. To offset the high rates of full tuition fees, the Government through the Ministry of Education provides tuition grants to all students who gain admission to the University. The tuition grant is the difference between the full tuition fees and the tuition fees payable by the student (direct payment). This grant covers the major part of the cost of University education and is awarded by the Singapore Ministry of Education. Students who accept the tuition grants need pay only that portion of the fees known as the "direct payment". Details of tuition fees payable by students (direct payment) and tuition grants are given in Table A.

9. The amount of tuition grants for students enjoying the time lag in fees is the difference between the 2002-03 full tuition fees and the direct payments applicable to them as explained in para 2.

10. Singaporeans in receipt of tuition grants will not be bonded. However, those on PSC scholarships or bursaries will be bonded under the terms of such scholarships or bursaries.

11. All non-Singaporeans and Permanent Residents of Singapore (except those already bonded by the PSC) will be bonded under the terms of the award of tuition grants to work in Singapore for three years upon completion of their courses, so as to discharge some of their obligations to the Singapore public for the high subsidy to their University education.

12. Students who do not wish to accept tuition grants should write to the Office of Academic Services (Admission Services Unit), Level 1, Administration Annexe, 42 Nanyang Ave, Singapore 639815.




13. Under the CPF Education Scheme, students who are CPF members or whose parents or, in exceptional cases, siblings are CPF members, can use CPF savings for the payment of tuition fees. However, CPF savings cannot be used to pay hostel and miscellaneous fees.

14. If you wish to apply for the use of CPF savings for payment of tuition fees under the Education Scheme, please complete Form AES/F1 and return it to the Office of Finance by 28 June 2002. Applicants are required to submit only ONE application form for the whole course of study

15. Students receiving the following financial awards are not eligible to use CPF savings for payment of tuition fees:

PSC Scholarships and Bursaries
SAF Scholarships/Local Training Awards
Full Tertiary Tuition Fee Subsidy from MENDAKI




16. To ensure that no student is denied access to University education because of financial constraints, loans up to 80% of the fees payable are made available to students through the Tuition Fee Loan Scheme. The loan is available for the duration of the whole course of study. The maximum amount of loans available and cash outlay by students are set out in Annex 1.

17. The University has appointed the following banks as agents to administer the Tuition Fee Loan Scheme:

Development Bank of Singapore Ltd (DBS Bank)
Overseas-Chinese Banking Corporation (OCBC Bank)

18. Students who wish to apply for loans under the Tuition Fee Loan Scheme are required to complete the TFL Form. Completed forms must be submitted directly to the bank through which you wish to apply for the loan by 28 June 2002.

19. The following categories of students are not eligible to apply for loans under the Scheme:

MOE Scholarship and Bursary Holders
PSC Scholarship and Bursary Holders
SAF Scholarship/Local Training Award Holders
Students receiving full Tertiary Tuition Fee Subsidy from MENDAKI
Students using CPF savings for the full direct payment of tuition fees



20. Applicants who require further clarification on the Tuition Fee Loan Scheme may contact any of the following banks:


Tel. No.


1800-6222- 6333


1800-6438- 6088
(new applicants)
(existing borrowers)

The terms of the loan are as follows:

a. Interest Rate
An interest rate at the average of the prime rates of the following banks, DBS, OCBC and UOB, prevailing on the first day of each quarter or such other rates as may be determined from time to time will be charged upon graduation.

Interest will commence on 1st February of the year following graduation for students who graduate at the end of Semester 1 and 1st August in the year of graduation for students who graduate at the end of Semester 2.

Interest will be accrued on a monthly basis.

b. Repayment
The following repayment terms are applicable:

(i) Repayment of loan can be in one lump sum or by equal monthly instalments commencing not later than two years from the date that interest is first chargeable on the loan.

(ii) The minimum amount of repayment is $100 per month and the maximum repayment period is 20 years.

(iii) In the event that the student leaves the University without completing the course of study, the loan outstanding will immediately become due and payable. He may, however, repay the outstanding sum by monthly instalments on such terms and conditions as the University may allow depending on the circumstances of each case.

(iv) Early repayment of the loan in full or in part will be allowed after 7 working days' written notice has been given. Partial repayment may be made in multiples of $1,000.

c. Guarantor
One guarantor above 21 years but below 60 years is required. There is no income qualification. Non-Singaporean guarantors are acceptable for foreign students.

d. Late Payment Charge
Penalty interest will be levied at the rate of 1% per month on instalments in arrears.



21. For students who are using both CPF savings and Tuition Fee Loans to settle their tuition fees, payments will be processed in the following sequence:

a. Disbursement from CPF funds
b. Disbursement from Tuition Fee Loans
c. GIRO deduction from students' own funds/others

The total disbursements from CPF funds and Tuition Fee Loans shall not exceed the direct
payment of tuition fees payable by the student


22. The scheme is open to ALL full-time undergraduates admitted to NTU who need financial assistance. Those who apply for the NTU Study Loan must concurrently apply for the maximum Tuition Fee Loan. The NTU Study Loan Scheme will provide a loan to cover the part of the fees not covered by the Tuition Fee Loan Scheme and/or a living allowance of S$3,600 per academic year. Interest will be payable at the same rate as the Tuition Fee Loan Scheme. Interest may be waived only for very needy Singaporean students. For further details, please refer to Annex 2.

Interested students should check with the Student Affairs Office on how to apply.


23. The University offers a limited number of Scholarships to freshmen of all nationalities who have outstanding academic and extra-curricular records. Further details of these scholarships are available on the internet at


24. The Tertiary Tuition Fee Subsidy offered by MENDAKI is meant for Malay students who are Singaporeans or children of Singaporeans. Applications for the subsidy must be made on forms available from the Office of Academic Services, Level 1 Administration Annexe


25. Students who require additional financial assistance to meet the direct payment of tuition fees,as well as hostel and miscellaneous fees may apply for bursaries and other loan schemes administered by the University. For further details, please refer to Annex 2.