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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. A list of the major bursary and financial schemes available at TP is given below:
CPF, PSEA, Tertiary Tuition Fee Subsidy (TTFS) for Malays & Tuition Fee Loan
| Scheme | Application Eligibility | Who to Approach & Application Instruction | | CPF Education Scheme | - Full-time subsidised students
- Application Closing Date: See Question 4 on our Financial Schemes page
| Apply online at CPF website with your SingPass. At the online screen, select ‘New Student’ as student type. Please print the following forms after your CPF member has endorsed your online application:
- Hardcopy of your online CPF application (showing the application percentage and personal particulars).
- CPF Board’s acknowledgement of the online application at “My Activities” page showing status as “External User Processed”. (Supporting documents are to be submitted directly to CPF Board NOT to the Polytechnic)
Kindly indicate your student admission number on the top right hand corner of the documents and submit to : One Stop Service Centre Administration Block, Lobby C Level 2 Tel: 6787 8000 | | Post Secondary Education Account (PSEA) | - May be used to pay all school fees
- For students with balance available in their or their sibling’s PSEA accounts
- Application Closing Date: See Question 4 on our Financial Schemes page
| One Stop Service Centre Administration Block, Lobby C Level 2 Tel: 6787 8000 PSEA Standing Order Form and PSEA Ad Hoc Withdrawal form are available from the MOE website. | | Tertiary Tuition Fee Subsidy (TTFS) for Malays | - All Malay students who are eligible for the Tertiary Tuition Fee Subsidy and whose total gross monthly family income does not exceed $3,000
- Students with a gross monthly family income of $2,000 and below are eligible for 100% subsidy
- Students with a gross monthly family income of between $2,001 and $3,000 are eligible for 70% subsidy
- Application Closing Date: See Question 4 on our Financial Schemes page
| One Stop Service Centre Administration Block, Lobby C Level 2 Tel: 6787 8000 Students can print the form (PDF) from the Yayasan Mendaki website. Detailed information and form is available at Yayasan Mendaki TTFS FAQs webpage. | | Tuition Fee Loan Scheme from DBS Bank | - Full-time subsidised students except the following can apply for Tuition Fee Loan to pay up to a maximum of 75% if the Tuition Fee through DBS Bank:
- PSC Scholarship/ Bursary/ Loan Holders
- SAF Scholarship/ Local Training Award Holders
- Students receiving full Tertiary Tuition Fee subsidy from Yayasan Mendaki
- Full fee paying students are not eligible for the Tuition Fee Loan scheme
- For Singaporeans, PSEA accounts are encouraged to be exhausted prior to application
- Application Closing Date: See Question 4 on our Financial Schemes page
| One Stop Service Centre Administration Block, Lobby C Level 2 Tel: 6787 8000 |
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