Financial Needs Calculator

YOUR FINANCIAL NEED

An entry is required for every item in this worksheet, even if it is an estimate. If the answer is "not applicable", a negative value or zero, please enter "0". Please round up figures to the nearest dollar and compute figures in S$ on an annual basis.

Description	Amount (S$)
Tuition Fee for the AY2022-2023 cohort Singaporean - Subsidised Tuition Fee (Accountancy / Business programme) $9,450 Singaporean - Subsidised Tuition Fee (non-Accountancy, non-Business programme) $8,250 Singaporean - Subsidized Tuition Fee (Lee Kong Chian School of Medicine) 35,000 Singaporean - Subsidised Tuition Fee (Renaissance Engineering Programme) $17,950 SPR - Subsidised Tuition Fee (Accountancy / Business programme) $13,250 SPR - Subsidised Tuition Fee (non-Accountancy, non-Business programme) $11,550 SPR - Subsidized Tuition Fee (Lee Kong Chian School of Medicine) $49,450 SPR - Subsidised Tuition Fee (Renaissance Engineering Programmee) $25,150 International - Subsidised Tuition Fee (Accountancy / Business programme) $20,300 International - Subsidised Tuition Fee (non-Accountancy, non-Business programme) $17,735 International - Subsidized Tuition Fee (Lee Kong Chian School of Medicine) $75,905 International - Subsidised Tuition Fee (Renaissance Engineering Programme) $38,580 All nationalities - Non-Subsidized Tuition Fee (Accountancy / Business programme) $37,675 All nationalities - Non-Subsidized Tuition Fee (non-Accountancy, non-Business programme - Lab Based) $33,860 All nationalities - Non-Subsidized Tuition Fee (non-Accountancy, non-Business programme - Non-Lab Based) $32,250
Compulsory Miscellaneous Fees Non MED Prog : Singaporean - estimated at $330 Non MED Prog : Non Singaporean - estimated at $450 MED Prog : All Nationalities - estimated at $470
Hostel Accommodation ( Not staying in Hostel $0 Double Room - Non aircon $285 x12 months = $3420 Double Room - Aircon $325 x12 months = $3900 Single Room - Non aircon $420 x12 months = $5040 Single Room - Aircon $445 x 12 months = $5340 )
Meals
Books, personal expenses, etc
Transportation
Estimated Total Expenses per annum

Student who receives the MOE Tuition Grant pays the subsidised tuition fee.


Example

Description	Amount (S$)
	SG	SPR	International Students
Subsidised Tuition Fee for the AY2022-23 cohort (Engineering Programme)	8250	11550	17735
Compulsory Miscellaneous Fees	330	450	450
Hostel Accommodation ($285pm x 12mths)	3420	3420	3420
Meals (Approximate $10 a day)	3600	3600	3600
Books, personal expenses, etc	2700	2700	2700
Transportation (concessionary stamps)	1200	1200	1200
Estimated Total Expenses per annum	19,500	22,920	29,105

FINANCIAL ASSISTANCE

For your consideration, there are 2 loan schemes available to assist you to finance your fees and defray part of your living costs.

Loan Schemes		Maximum loan available for all nationalities
		Accountancy/Business programme	Non-Accountancy/Business programme	Lee Kong Chian School of Medicine	Renaissance Engineering programme
Tuition Fee Loan	90% of the subsidised tuition fees payable by Singaporeans for the same programme.	$8,505	$7,425	$31,500	$16,155
Study Loan	Tuition Fee Component 10% of the subsidised tuition fees payable by Singaporeans for the same programme	$945	$825	$3,500	$1,795
	Living Allowance Component $3,600 per annum	$3,600	$3,600	$3,600	$3,600
Total for AY2022-2023		$13,050	$11,850	$38,600	$21,550

Note:

• The above example is applicable to students of any nationality for the AY2022-2023 undergraduate cohort paying subsidized tuition fees.
  International students paying non-subsidised tuition fees are not eligible to apply for financial aid schemes.
  
  
• For SPR and international students who take up both the Tuition Fee Loan and Study Loan, you will only receive a total loan amount equivalent to the subsidised tuition fees payable by Singaporeans for a similar programme of study. As the subsidised tuition fees for international students are higher than the fees for Singaporean students, the loans (including the living allowance component) will not cover your tuition fees in full.
  
  

Now that you know what your estimated financial need is, you may want to check out one or more of the financial assistance schemes available at NTU.