Student Finance Matters
Financial Aid & Loans
Popular FAQs
- How can I find out more on Financial Aid (FA) such as eligibility, application procedures, etc.?
- If I have successfully applied for more than 1 Financial Aid (FA), what is the order of priority of payment for my Tuition Fee and Miscellaneous Student Fees?
- What happens if the total amount of all my Financial Aid (FA) is less than my outstanding fees?
- What happens if the total amount of all my Financial Aid (FA) is more than my outstanding fees?
Disbursement of Financial Aid
Is there any financial assistance available for students?
Yes. NUS offers a variety of Financial Aid (FA) schemes to help meet educational and living expenses of financially-needy students.
How can I find out more on Financial Aid (FA) such as eligibility, application procedures, etc.?
For undergraduate students, details are available at Office of Financial Aid’s website at http://www.nus.edu.sg/oam/financial-aid and the various sub-sites listed below:
| Application | http://www.nus.edu.sg/oam/financial-aid/application |
| Financial Aid (FA) Calendar and Disbursement Schedule | http://www.nus.edu.sg/oam/financial-aid/financial-aid-calendar |
For graduate students, please see http://www.nus.edu.sg/admissions/graduate-studies/scholarships-financial-aid-and-fees.html.
If I have successfully applied for more than 1 Financial Aid (FA), what is the order of priority of payment for my Tuition Fee and Miscellaneous Student Fees?
The order of priority of payment by the various financial aid schemes for the payment of tuition fees and miscellaneous fees is shown below.
- Scholarship that covers 100% of tuition fee / MENDAKI Tertiary Tuition Fee Subsidy (TTFS)
- SkillsFuture Credit (SFC)
- Higher Education Community/Higher Education Bursary (Medicine/Dentistry)
- NUS Bursaries
- Post-Secondary Education Account (PSEA) Scheme*
- Central Provident Fund (CPF) Education Loan Scheme (CELS)*
- MOE Tuition Fee Loan (TFL)*
- Higher Education Community/Higher Education Bursary (non-Medicine/Dentistry)
- MOE Study Loan*
- Bursaries (non-NUS)
- GIRO deductions/NETS/others
* If your tuition fee is already fully covered by a scholarship/NUS Bursary/TTFS, schemes such as the PSEA, CELS, MOE TFL and MOE Study Loan (Tuition Fee portion) will not be applicable and will be suspended/withdrawn if you are an existing recipient.
What happens if the total amount of all my Financial Aid (FA) is less than my outstanding fees?
When the total amount of all your FAs is less than your outstanding fees, the remaining amount of your outstanding fees (i.e. debit balance) will still need to be paid via GIRO.
What happens if the total amount of all my Financial Aid (FA) is more than my outstanding fees?
When the total amount of all your FAs is more than your outstanding fees, the resulting excess balance will be refunded to your Receiving Bank Account (Credit Bank Account) by the timelines indicated in http://www.nus.edu.sg/oam/financial-aid/financial-aid-calendar.
To facilitate the refund, please update your “Receiving Bank Account (Credit Bank Account)” via Education Records System (see FAQs on GIRO Payment).