Good news for Singaporean students. Bursaries have been enhanced.
To enhance the affordability of higher education for all Singaporeans, and ensure that every student, regardless of family circumstance, is able to reach his or her full potential in life, the Ministry of Education (MOE) will raise the bursary quanta for eligible diploma and undergraduate Singaporeans studying in post-secondary education institutions (PSEIs) from 2023.
The move is expected to benefit around 78,500 post-secondary students.
With the enhanced bursaries, full-time diploma students who qualify for the highest bursary tier will benefit from bursaries valued at about 95% of their subsidised tuition fees, while full-time Singaporean undergraduates (excluding those from Medicine and Dentistry courses) from lower income families who qualify for the highest bursary tier will benefit from bursaries valued at about 75% of their subsidised tuition fees.
The enhancement follows the revision in income eligibility criteria for MOE financial assistance schemes and increase in government bursary quanta for full-time Institute of Technical Education (ITE) students announced in October 2022.
When Sherman’s parents were unable to work due to health issues and disabilities, the Higher Education Community Bursary enabled him to continue his studies in computing at National University of Singapore, Education Minister Chan Chun Sing wrote in a Facebook post. Sherman maximised the opportunities in his university years, and was formerly President of the NUS Computing Club.
“Receiving Government bursaries also helped Shu En, a Year 1 student from Nanyang Polytechnic’s Diploma in Business Management,” Minister Chan shared. “She was able to focus on her studies and goals without having to worry about her expenses, and the financial help alleviates her parents’ concerns.”