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Financial Assistance Schemes

There are a number of financial assistance schemes at TP, and students requiring financial assistance for their education are strongly advised to take up the Tuition Fee Loan Scheme from DBS Bank which provides a loan of up to 75% of the tuition fees.

Should they require additional financial assistance, there are several bursary schemes available and they may apply for the most suitable bursary that they qualify for.

As a general rule, students may only receive one bursary for each academic year. In addition to the Tuition Fee Loan Scheme and bursaries, there are other financial assistance schemes for students.

Financial Schemes

Tertiary Tuition Fee Subsidy (TTFS) for Malay (Mendaki)

SkillsFuture Credit (Only for Singapore Citizens aged 25 and above)

CPF Education Scheme

Post Secondary Education Account (PSEA)

Tuition Fee Loan (TFL) Scheme

Bursaries

BYOD Financial Assistance Scheme

Others

Financial Schemes

*Polytechnic Foundation Programme (PFP) students are only eligible to apply for the Post Secondary Education Account (PSEA) scheme

 

Tertiary Tuition Fee Subsidy (TTFS)

 

CPF

 

Post Secondary Education Account (PSEA)

 

Tuition Fee Loan Scheme (TFL)

 

SkillsFuture Credit

SkillsFuture Credit

Bursaries (for Full-time diploma & PFP students)

  1. Complete the bursary application form
    • Download bursary application form - CLICK HERE
    • See sample of supporting documents needed for bursary application – CLICK HERE
    • Applicant needs to submit only one application form per academic year.
    • Type of bursary awarded is based on PCI / GHI / family financial factors.

  2. Submit completed form with supporting documents via Drop-In-Box located outside Student Services (next to AXS Station) by 5 May 2017. Forms submitted by post will not be entertained.

  3. Applicant will be notified via TP email account on application status within 7 working days upon receipt of application.

AY2017/2018
Bursary Schemes &
Application Period

Eligibility & Award Quantum per Academic Year

CDC/CCC - Polytechnic
Bursary

  • Subsidised Singapore Citizen students studying full-time diploma
  • Not receiving full scholarship in the current academic year

Tier

Income Eligibility Criteria

Bursary Quanta

1

PCI ≤ $625 or GHI ≤ $2,500

$2,350

2

PCI $626 to $1,000 OR
GHI $2,501 to $4,000

$2,150

MOE Bursary

  • Subsidised Singapore Citizen students studying full-time diploma
  • Not receiving full scholarship in the current academic year

Tier

Income Eligibility Criteria

Bursary Quanta

1

PCI $1,001 to $1,725 OR
GHI $4,001 to $6,900

$1,650

2

PCI $1,726 to $2,250 OR
GHI $6,901 to $9,000

$800

Polytechnic Foundation
Programme (PFP)
Bursary

  • Subsidised Singapore Citizen students in PFP
  • Gross monthly household income of <= $2,500 or gross monthly household per capita income (PCI)* of <= $625
  • Recipients can hold other bursaries / scholarships concurrently. However, PFP students are not eligible for CDC/CCC Polytechnic Bursary or MOE Bursary which are meant for full-time polytechnic diploma students only
  • Quantum : $870  (includes coverage of the PFP fee)
TP Bursary
  • Full-time diploma student
  • Not receiving other scholarship/external bursary/study grant in the current academic year
  • Family financial factor(s) are key selection criteria for award
  • Shortlisted applicants have to attend a compulsory interview and financial assessment

Important Note:

  1. Gross Monthly Household Income (GHI) will be computed based on:
    1. Gross monthly income of immediate family member, including both parents who may or may not be living together with student; and
    2. Gross monthly income of non-immediate family members, including grandparents, siblings, spouses of siblings, siblings of parents, and any other relatives who are living together with the student.

  2. Gross Monthly Per Capita Income (PCI) will be computed based on:
    Total GHI divide by the family headcount which includes the student, immediate family members (who may or may not live together with the student) and non-immediate family members (who live together with the student).

BYOD Financial Assistance Scheme

Category

Criteria

Refer to eligible scheme in Annex

Group A

AY2017 PFP, Year 1 & Year 2 full-time students from the following Diploma:

  1. Communication & Media Management (BUS)
  2. Apparel Design & Merchandising (DES)
  3. Communication Design (DES)
  4. Digital Film & Television (DES)
  5. Environment Design (DES)
  6. Interior Architecture & Design (DES)
  7. Product & Industrial Design (DES)
  8. Retail & Hospitability Design (DES)
  9. 3D Interactive Media Technology    (ENG)
  10. Cyber & Digital Security (IIT)
  11. Digital Forensics (IIT)
  12. Game Design & Development (IIT)

 

  • Singapore Citizen or Permanent Residents
  • Aged 25 and below
  • MHI ≤ $3,400  OR PCI ≤ $900 ($1,125 if there is disability in the family)

 

A

Group B

All other full-time students except those in Group A

  • Singapore Citizen or Permanent Residents
  • Aged 25 and below
  • MHI ≤ $3,400  OR PCI ≤ $900 ($1,125 if there is disability in the family)

 

B

  • Singapore Citizen with PCI ≤ $950
  • Has not received Opportunity Fund (IT Device subsidy) before during the course of study in TP

 

C

MHI = Gross Monthly Household Income           PCI = Per Capita Income

 

Annex A : Notebook Grant Scheme

  1. Complete the Notebook Grant Scheme application form
    • Download application form - CLICK HERE
    • See sample of supporting documents needed for application – CLICK HERE

  2. Completed application form with supporting documents to be sealed in envelope, labelled with ‘Notebook Grant Scheme Application’ and submitted via the Drop-In-Box located outside Student Services (next to AXS Station) by 20 April 2017

 

Annex B : NEU PC Plus Programme

  1. Complete the PC Bundle application form
    • Download application form - CLICK HERE
    • See sample of supporting documents needed for application – CLICK HERE

  2. Completed application form with supporting documents to be sealed in envelope, labelled with ‘NEU PC Programme Application’ and submitted via the Drop-In-Box located outside Student Services (next to AXS Station) by 20 April 2017

 

Annex C : Opportunity Fund

  1. Complete Opportunity Fund application form
  2. Completed application form with supporting documents to be submitted to the School General Office.

Others

 

* The tradition of caring is one that TP is proud to uphold and promote. All TP students are assigned to Care Group that is looked after by a Care Person (CP) who is a teaching staff.