Nanyang Technological University

Financial Assistance

Post-secondary Education Account (PSEA) Scheme

The PSEA Scheme is administered by the Ministry of Education (MOE) and is opened to all eligible Singaporeans.

What can PSEA funds be used for?

Students can use his PSEA funds to pay for his own or his siblings' tuition fees AND/ OR mandatory miscellaneous fees (current semester), and enrichment programmes that are approved and endorsed by the University.

One application form must be submitted for each specific withdrawal. Please indicate in the application form the usage category and exact amount to be withdrawn. The application form with any supporting documents must be submitted to the Office of Admissions and Financial Aid - Graduate Admissions.

Conditions for submission of Withdrawal form for Enrichment/ Preparatory Programmes:

  • The application form must be submitted together with supporting documents as evidence of the cost for participating in the programme.
  • Student club activities that are student-led will not be eligible for PSEA claims.

How to apply

Click here to download the Ad Hoc Withdrawal form and submit in person / mail to:

One Stop @SAC (opposite OCBC Bank) 
NS3-01-03, North Academic Complex
Nanyang Technological University
50 Nanayng Avenue
Singapore 639798
Attn: Office of Admissions and Financial Aid - Graduate Admission

For more information or further enquiries on the PSEA Scheme, please refer to MOE'S website or contact MOE's PSEA Scheme Section at:

Customer Service Hotline: 6872 2220
Email address: contact@moe.gov.sg

 

Tuition Fee Loan (TFL)

The Tuition Fee Loan is financial assistance given to graduate students pursuing their higher degree through research or selected coursework programmes.

Students currently on scholarships are not eligible for the loan. You may want to learn about scholarships that are available for graduate students.

Eligibility

Candidates enrolled in Research Programmes or the full-time subsidised Coursework Programmes are eligible to apply for a Tuition Fee Loan of up to 90% of the research/tuition fee payable by Singapore citizens.

Example of tuition fees for coursework programmes:

The Tuition Fee Loan covers up to 90% of tuition fee payable by Singapore citizens.

 Nationality

Subsidised full-time fee (SGD)

Maximum Loan (SGD)

Singapore citizens

S$8,350

90% of S$8,350 = S$7,515

Permanent residents

S$11,700

90% of S$8,350 = S$7,515

International students (with Service Obligation)

S$16,700

90% of S$8,350 = S$7,515

 

Note: Students who did not take up Service Obligation (SO) Scheme and paying non-subsidised tuition fees are NOT eligible for Tuition Fee Loan.

For more information on the eligibility of Tuition Fee Loan, please refer to Tuition Fee Loan (TFL) Application Form.

Administration of loan

The University has appointed Development Bank of Singapore (DBS Bank) and Overseas-Chinese Banking Corporation (OCBC Bank) as agents to administer the Tuition Fee Loan Scheme.

How to apply

  • Download a copy of the Tuition Fee Loan (TFL) Application form.
  • Submit the form directly to any of the above banks after you have matriculated at the University.
  • Tuition Fee Loan application for a new Academic Year must be submitted directly to the bank by the 1st day of that Academic Year.
  • For late applications, the loan may not be disbursed in time to be reflected in your e-bill and to finance you tuition fees by payment due date. For overdiue payments, a late payment fee is charged.


Further enquiries

  • Development Bank of Singapore (DBS Bank): 6333 0033
  • Overseas-Chinese Banking Corporation (OCBC Bank): 1800-4383-333 

 

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