Overview of Financial Aid Schemes
Financially needy incoming prospective full-time undergraduate students reading iBLOCS/Special Term Courses with PCI up to S$3,500 and who deferred their studies for and completed their National Service obligations have the following options available to finance their iBLOCs/Special Term Courses:
1) Higher Education Student Loan (Base Provision# and Balance Fee Coverage)
2) Central Provident Fund (CPF) Education Loan Scheme (CLS)#;
3) MENDAKI Tertiary Tuition Fee Subsidy (TTFS)& and
4) Post-Secondary Education Account (PSEA)# (covering tuition fees only)
# PCI criteria is not applicable
& PCI up to S$2,000
| Schemes | Eligibility | Annual Quantum for Full-time Undergraduates* | Application Requirements |
|---|---|---|---|
| NUS-administered Financial Aid Schemes | |||
| Higher Education Student Loan
(With effect from AY2026/2027) | Singapore Citizens with PCI up to S$3,500 | HESL - Base Provision Up to 90% of subsidised tuition fees HESL - Balance Fee Coverage Capped at 10% of the subsidised tuition fees payable by Singapore Citizens | StudentLoanSG (SLSG) Portal (Apply from 16 July 2026) Submit ONE Financial Aid Application to Office of Financial Aid to be considered for the NUS-administered Financial Aid Package For HESL - Balance Fee Coverage (Singapore Citizens only), please apply for NUS Financial Aid first and refer to the Office of Financial Aid’s email (from 16 July 2026 onwards; after the acceptance of the loan offer) on the application instructions before applying via SLSG Portal |
| Externally-administered Schemes Submit a separate application to the external organisation from December to January if aid is required to cover tuition fees | |||
| MOE Tuition Fee Loan
(Applicable for AY2025/2026 only) | Singapore Citizens with PCI up to S$2,700 | Up to 90% of subsidised tuition fees | DBS or OCBC |
| Higher Education Student Loan
(With effect from AY2026/2027) | Singapore Citizens with PCI up to S$3,500 | HESL - Base Provision Up to 90% of subsidised tuition fees HESL - Balance Fee Coverage Capped at 10% of the subsidised tuition fees payable by Singapore Citizens | StudentLoanSG (SLSG) Portal (Apply from 16 July 2026) Submit ONE Financial Aid Application to Office of Financial Aid to be considered for the NUS-administered Financial Aid Package For HESL - Balance Fee Coverage (Singapore Citizens only), please apply for NUS Financial Aid first and refer to the Office of Financial Aid’s email (from 16 July 2026 onwards; after the acceptance of the loan offer) on the application instructions before applying via SLSG Portal |
| Central Provident Fund Education Loan Scheme | Undergraduates receiving Ministry of Education (MOE) Tuition Grant regardless of neediness, only for Special Term courses | Up to 100% of subsidised tuition fees | Central Provident Fund (CPF) |
| MENDAKI Tertiary Tuition Fee Subsidy | Malay Singapore Citizen undergraduates receiving MOE Tuition Grant with PCI up to S$2,000, only for Special Term courses | 50% to 100% of subsidised tuition fees | Yayasan MENDAKI |
| Post-Secondary Education Account (PSEA) | Undergraduates regardless of neediness | Up to 100% of tuition fees | MOE (Through NUS) |
* The detailed eligibility and annual quantum for specific groups of students may vary for individual schemes and can be found on the specific web pages for each scheme.