No deserving undergraduate student will be denied an SMU education because of financial difficulty. Students who meet the eligibility requirements will be provided financial aid to help fund their studies at SMU.

Different schemes including notebook loans, bursaries, study abroad loans, grants, subsidies and book allowances are available. Some of the popular financial aid schemes are as follows:

The newly introduced SMU Access grant guarantees a financial aid package equal to 100% of tuition fees for financially needy Singaporean undergraduates – throughout their 4 years at SMU. This bold initiative is the first of its kind by any university in Singapore. There is no limit to the number of recipients covered under SMU Access, and this grant could benefit more than 80 students from every new cohort.

The recipient of the SMU Access Grant will be able to offset his/her tuition fees, after taking into account all scholarships, bursaries and other grants from all donors and the Singapore government. The grant amount is subject to a maximum of four years of undergraduate studies for every eligible student. This will effectively make the entire university education tuition-free for eligible students.

The SMU Access grant is bond-free.

Who can apply

Full-time undergraduates enrolled as Year 1 students from Academic Year 2017/2018. Must be granted a Tuition Fee Loan and/or CPF Education Scheme Loan.

Quantum

The recipient of the SMU Access Grant will be able to offset his/her tuition fees, after taking into account all scholarships, bursaries and other grants from all donors and the Singapore government.

Household income criteria

Gross Household Monthly per capita income range of between S$0 to S$625.

Repayment

-

How to apply

Apply online via Applicant’s Self Service from 1 Jan 2018 to 31 March 2018, after submitting your online application for admission. 

Learn More

Who can apply

Singaporean undergraduate students who have funds in their their PSE account. They can also use the funds in their siblings’ PSE accounts (up to three siblings).

Quantum

Depending on the amount in PSE account.

Household income criteria

Not applicable.

Repayment

Not applicable.

Who can apply

Financially needy undergraduate students who require further financial aid to finance their studies and/or overseas exposure trips.

Quantum

Up to S$2,400 for 200 hours of work.

Household income criteria

Preference will be given to students with PCI* of not more than S$1,500, and without access to bursaries and/or scholarships.

Repayment

No repayment is required.

How to apply

Download application form at OASIS^. Students must matriculate first before they can apply.

Who can apply

Financially needy undergraduate students who have utilised all available loan schemes and subsidies.

Quantum

Up to S$5,000 tenable for one year of study.

Household income criteria

PCI* is not more than S$2,700.

Repayment

Interest-free loan while studying at SMU. Minimum repayment sum per month is S$100. Maximum repayment period is 3 years.

How to apply

Apply online at Applicant’s Self Service from 1 Jan 2018 to 31 March 2018, after submitting online application for admission.

Who can apply

Financially needy undergraduate
students who have utilised available loan/ subsidy schemes for tuition fees and whose PCI* is not more than S$1,900.

Quantum

Up to S$1,800 and tenable for one year of study.

Recipients can concurrently hold the CDC/CCC-University or MOE Bursary (subject to meeting respective eligibility criteria).

Household income criteria

S$1,800 if PCI* is S$950 and below.

S$1,500 if PCI* is S$951–S$1,400.

S$1,300 if PCI* is S$1,401–S$1,900.

Repayment

No repayment is required if student completes studies.

How to apply

Apply online at Applicant’s Self Service portal (2 February – 31 May) after submitting online application for admission (Alternatively, apply online at OASIS^ upon matriculation between June and August).

Who can apply

Financially needy Singapore citizens.

Quantum

Up to S$3,600 and tenable for one year of study.

Re-application is required every year.

Recipients cannot concurrently hold a MOE bursary.

Household income criteria

PCI* does not exceed S$950.

Repayment

No repayment is required if student completes studies.

How to apply

Apply online at OASIS^.

Students must matriculate first before they can apply.

Who can apply

Singapore citizens whose PCI* is not more than S$1,900.

Quantum

Up to S$2,600 and tenable for one year of study.

Re-application is required every year.

Recipients cannot concurrently hold a CDC/CCC university bursary.

Household income criteria

S$2,600 if PCI* is S$1,400 and below.

S$1,300 if PCI* is S$1,401–S$1,900.

Repayment

No repayment is required if student completes studies.

How to apply

Apply online at OASIS^.

Students must matriculate first before they can apply.

Who can apply

Financially needy Malay undergraduate students who are Singapore citizens and PCI* is not more than S$1,500.

Quantum

Up to 100% subsidy of subsidised tuition fees.

Household income criteria

100% subsidy if PCI* is S$1,000 and below.

75% subsidy if PCI* is S$1,001–S$1,200.

50% subsidy if PCI* is S$1,201–S$1,500.

Repayment

No repayment is required.

How to apply

Apply online at OASIS^

Students must matriculate first before they can apply.

Who can apply

Loan scheme allowing full-time undergraduate students to use their own CPF savings or that of their parents to pay for their tuition fees.

Quantum

Loan covers up to 100% of the subsidised tuition fees. The CPF member is allowed to use up to 40% of the accumulated savings in the Ordinary Account (OA), or the remaining balance in the OA after setting aside any amounts reserved for housing or other schemes (if any), whichever is the lower.

Household income criteria

Not applicable.

Repayment

Repay the full amount of CPF savings withdrawn and the interest accrued which is computed from the time the savings were withdrawn. Interest will be charged on any outstanding amount until the loan is fully paid. The amount repaid will be credited to the CPF account of the member whose savings had been used for the loan.

Minimum repayment sum per month is S$100

Maximum repayment period is 12 years

How to apply

Apply online through the CPF Board website at www.cpf.gov.sg by the stipulated application periods mentioned on the website (typically between end-June and July).

Who can apply

Financially needy full-time undergraduate students who are on the government tuition grant. To be eligible, they must first take up the tuition fee loan.

Quantum

Loan covers up to 20% (subject to qualifying income criteria) of the subsidised tuition fees payable by Singapore citizens Annual allowance of S$3,600 to cover living expenses.

Household income criteria

Interest-free study loan – for Singapore Citizens and Permanent Residents with monthly per capita income (PCI*) of S$950 and below. Interest-bearing study loan – for (i) Singapore Citizens and Permanent Residents with monthly per capita income (PCI*) of S$951 to S$2,700 & below and (ii) International Students with monthly per capita (PCI*) of S$1,200 & below.

Repayment

Minimum repayment sum per month is S$100.00 Maximum repayment period is 5 years and 20 years for interest-free study loan and interest-bearing study loan respectively.

How to apply

Apply online at OASIS^ beginning mid-June Students must first matriculate before they can apply.

Who can apply

Full-time undergraduate students who are on the government tuition grant.

Quantum

Loan covers up to 90% of the subsidised tuition fees payable by Singapore citizens.

Household income criteria

None.

Repayment

Interest-free loan while studying at SMU. Minimum repayment sum per month is S$100. Maximum repayment period is 20 years

How to apply

Apply online at OASIS^ during application window (June to August). Students must first matriculate before they apply.

^ The Online Access to Student Information System (also known as OASIS) is an intranet portal that provides a one-stop and seamless access to information and e-services for SMU students. Freshmen must first matriculate before they can access OASIS. For details of all the financial aid schemes, click here.

AN EXAMPLE OF FINANCING THE TUITION FEE VIA TUITION FEE LOAN AND STUDY LOAN

  Singapore Citizen Permanent Residents International Students
Non-Law Law Non-Law Law Non-Law Law
Annual Tuition Fees# $11,400 $12,600 $15,950 $17,650 $24,400 $26,950
 
Financing under:  
Tuition Fee Loan *1 $10,260 $11,340 $10,260 $11,340 $10,260 $11,340
Study Loan *2 $1,140 $1,260 $1,140 $1,260 $1,140 $1,260
Total Financing $11,400 $12,600 $11,400 $12,600 $11,400 $12,600
  100% 100% 71% 71% 47% 47%
 
Cash portion of tuition fees not supported by tuition fee loan and study loan $0 $0 $4,550 $5,050 $13,000 $14,350
Annual Living Allowance *2 $3,600 $3,600 $3,600 $3,600 $3,600 $3,600
Cash portion of tuition fees not supported by loans, after offset by annual living allowance $0 $0 $950 $1,450 $9,400 $10,750

# Note: Based on annual tuition fees for AY2017/18 entering freshmen (regular term 1 and term 2) after tuition grant. All figures in this table are subject to change from time to time. All amounts mentioned on this website are in Singapore Dollars (S$).

*1 : Loan quantum is 90% of fees payable by Singapore citizens
.
*2 : Loan quantum is 10% of fees payable by Singapore citizens. Study loan comes with an annual living allowance of S$3,600.

The loan quantum available to permanent residents and foreign nationals is capped to the maximum amount available to Singapore citizens.

Online Student Financial Needs Calculator

The online Student Financial Needs Calculator is an online tool to help you determine your eligibility status and the type and quantum of financial aid that you may qualify for.

Access the calculator

Contact Us

Centre for Student Financial Assistance (CSFA)

Contact CSFA for Tuition Fee Loan, Study Loan, SMU Education Loan, Student Computer Loan, Bursaries and all other financial assistance schemes.

Email: finasst@smu.edu.sg

Tel: +65 6828 0264 / 6828 0486 / 6828 9556 / 6808 5199 / 6828 0453 / 6828 0501 / 6828 0160

Fax: +65 6828 0647

Office of Finance (OFN)

Contact OFN for CPF Education Scheme, Mendaki Tertiary Tuition Fee Subsidy Scheme, and Post-Secondary Education Account.

Email: accountenquiry@smu.edu.sg

More information on Student Financial Assistance Schemes, please click here.

 Undergraduate Prospectus 2017/2018
Undergraduate Prospectus 2017/2018
 Undergraduate Programme Brochure
Undergraduate Programme Brochure
 Scholarship Brochure
Scholarship Brochure

 International Students Brochure
International Students Brochure