S
Schemes
Tuition Grant Scheme for Full-Time Diploma Courses
The Singapore Government, through the Ministry of Education (MOE) automatically provides tuition grant to subsidise the fees of Singaporean students. However, students who are graduates from the local polytechnics (SP, NP, NYP, TP or RP) or universities (NUS, NTU or SMU) or LaSalle-SIA are no longer entitled to the tuition grant and will have to pay a higher tuition fee for their study at the Academy.
With effect from 25 June 2001, Singapore Permanent Residents and international students are given the chance to sign the Tuition Grant Deed (TGD) with MOE to enjoy paying a lower tuition fee. Upon graduation, these students are bonded to work in Singapore for 3 years.
The Academy will use the entrance test / audition / interview results to select students who are eligible to sign the TGD. Eligible students who do not wish to sign the TGD or students who are not selected for the TGD must pay full fees for the full duration of their course at the Academy.
To find out more about the MOE Tuition Grant Scheme, please refer here.
CPF Education Scheme for Full-Time Diploma Courses
(For Singapore Citizens and PR)
Students can use their own or their parent's CPF savings to pay for their tuition fee. The withdrawal limit for education is up to 40% of the accumulated Ordinary Account savings, or the remaining balance in the Ordinary Account after setting aside amounts reserved for housing or other schemes (if any), whichever is the lower, and subject to the amount of tuition fee payable.
However, students who are not on tuition grant (ie paying full fees) are NOT allowed to use their CPF savings to pay for their tuition fee.
To find out more or to apply for the CPF Education Scheme, please refer here.
Post Secondary Education Account (PSEA)
(For Singapore Citizens)
The PSEA scheme helps parents save for their children's post-secondary education by maintaining a Post-Secondary Education Account (PSEA) for each eligible child. This is part of the Government's efforts to encourage every Singaporean to complete his post-secondary education. It also underscores the Government's commitment to support families in investing in the future education of their children, and to prepare them for the economy of the future. PSEA is not a bank account. It is administered by the Ministry of Education and is opened automatically for all eligible Singaporeans.
Singaporean student can use his own or his siblings' PSEA funds to pay for the approved fees and charges at NAFA. To check your PSEA, you may contact:
General Enquiry on PSEA Scheme
Scholarships and Financial Assistance Schemes
In NAFA, we have several Scholarships and other Financial Assistance Schemes available for full-time students pursuing diploma and degree programmes.
In general, applicants are to take note of the following points:
1. These awards and financial assistance schemes are available only for full time NAFA students. New students must have applied to study in NAFA and may apply for the financial assistance schemes at the same time.
2. All awards and schemes help to cover the Tuition Fee only. For example, these financial assistance schemes will not help to pay for administrative fees or hospitalisation insurance fees.
3. Students who are sponsored or are already in receipt of a scholarship/bursary either from NAFA or an external organization during the same academic year SHOULD NOT be applying for any of the awards.
4. Students who are receiving MOE Tuition Fees grant (TGD), or have taken up study loans may apply for the awards and schemes, subject to meeting the criteria under each scheme.
5. All scholarships and financial assistance schemes are valid only for one academic year unless otherwise stated. Students are required to apply annually in order to be qualified for any of schemes.
Click on one of the following to find out more:
Students who are enrolled in NAFA can also look out for the following in-house financial assistance schemes:
Students may also wish to consider taking up study loans or applying for external financial assistance schemes as follows:
For further enquiries, please approach Office of Student Affairs at Level 2, NAFA HQ, call us at 6512 6132 or email us at studentaffairs@nafa.edu.sg.
The Singapore Government, through the Ministry of Education (MOE) automatically provides tuition grant to subsidise the fees of Singaporean students. However, students who are graduates from the local polytechnics (SP, NP, NYP, TP or RP) or universities (NUS, NTU or SMU) or LaSalle-SIA are no longer entitled to the tuition grant and will have to pay a higher tuition fee for their study at the Academy.
With effect from 25 June 2001, Singapore Permanent Residents and international students are given the chance to sign the Tuition Grant Deed (TGD) with MOE to enjoy paying a lower tuition fee. Upon graduation, these students are bonded to work in Singapore for 3 years.
The Academy will use the entrance test / audition / interview results to select students who are eligible to sign the TGD. Eligible students who do not wish to sign the TGD or students who are not selected for the TGD must pay full fees for the full duration of their course at the Academy.
To find out more about the MOE Tuition Grant Scheme, please refer here.
CPF Education Scheme for Full-Time Diploma Courses
(For Singapore Citizens and PR)
Students can use their own or their parent's CPF savings to pay for their tuition fee. The withdrawal limit for education is up to 40% of the accumulated Ordinary Account savings, or the remaining balance in the Ordinary Account after setting aside amounts reserved for housing or other schemes (if any), whichever is the lower, and subject to the amount of tuition fee payable.
However, students who are not on tuition grant (ie paying full fees) are NOT allowed to use their CPF savings to pay for their tuition fee.
To find out more or to apply for the CPF Education Scheme, please refer here.
Post Secondary Education Account (PSEA)
(For Singapore Citizens)
The PSEA scheme helps parents save for their children's post-secondary education by maintaining a Post-Secondary Education Account (PSEA) for each eligible child. This is part of the Government's efforts to encourage every Singaporean to complete his post-secondary education. It also underscores the Government's commitment to support families in investing in the future education of their children, and to prepare them for the economy of the future. PSEA is not a bank account. It is administered by the Ministry of Education and is opened automatically for all eligible Singaporeans.
Singaporean student can use his own or his siblings' PSEA funds to pay for the approved fees and charges at NAFA. To check your PSEA, you may contact:
General Enquiry on PSEA Scheme
| Customer Service Tel: | (65) 6260 0777 |
| Email: | contact@moe.edu.sg |
| Website: | http://www.moe.gov.sg/initiatives/post-secondary-education-account/ |
Scholarships and Financial Assistance Schemes
In NAFA, we have several Scholarships and other Financial Assistance Schemes available for full-time students pursuing diploma and degree programmes.
In general, applicants are to take note of the following points:
1. These awards and financial assistance schemes are available only for full time NAFA students. New students must have applied to study in NAFA and may apply for the financial assistance schemes at the same time.
2. All awards and schemes help to cover the Tuition Fee only. For example, these financial assistance schemes will not help to pay for administrative fees or hospitalisation insurance fees.
3. Students who are sponsored or are already in receipt of a scholarship/bursary either from NAFA or an external organization during the same academic year SHOULD NOT be applying for any of the awards.
4. Students who are receiving MOE Tuition Fees grant (TGD), or have taken up study loans may apply for the awards and schemes, subject to meeting the criteria under each scheme.
5. All scholarships and financial assistance schemes are valid only for one academic year unless otherwise stated. Students are required to apply annually in order to be qualified for any of schemes.
Click on one of the following to find out more:
Scholarships, Merit Awards, Bursaries (for new Diploma students in AY2012/2013)
Scholarships, Merit Awards, Bursaries (for existing Diploma students in AY2012/2013)
Scholarships, Merit Awards, Bursaries (for new Degree students in AY2012/2013)
Scholarships, Merit Awards, Bursaries (for existing Diploma students in AY2012/2013)
Scholarships, Merit Awards, Bursaries (for new Degree students in AY2012/2013)
Students who are enrolled in NAFA can also look out for the following in-house financial assistance schemes:
Students may also wish to consider taking up study loans or applying for external financial assistance schemes as follows:
For further enquiries, please approach Office of Student Affairs at Level 2, NAFA HQ, call us at 6512 6132 or email us at studentaffairs@nafa.edu.sg.
