The following bursaries and financial assistance schemes are available to support Singaporean full-time students.
BURSARIES
A) Higher Education Community Bursary
The Higher Education Community Bursary is for full-time Singaporean students who do not have a full scholarship. To qualify, the family's gross monthly income must be $4,400 or less, or per capita income must be $1,100 or less.
| Income criteria | Bursary quantum per Annum for Nitec & Higher Nitec courses | Bursary quantum per Annum for Diploma courses |
GHI <= $3,000 OR PCI <=$750 | $1,600 and 100% tuition fee subsidy | $2,950 |
GHI between $3,001 and $4,400 OR PCI between $751 and $1,100 | $1,300 | $2,600 |
B) Higher Education Bursary
The Higher Education Bursary supports full-time Singaporean students without a full scholarship. The family's gross monthly income should not exceed $10,000, or per capita income should not exceed $2,500 to be eligible.
| Income criteria | Bursary quantum per Annum for Nitec & Higher Nitec courses | Bursary quantum per Annum for Diploma courses |
GHI between $4,401 and $7,500 OR PCI between $1,101 and $1,875 | $650 | $2,000 |
GHI between $7,501 and $10,000 OR PCI between $1,876 and $2,500 | $440 | $900 |
C) Excel with the Edusave Merit Bursary
The Edusave Merit Bursary, valued at $500, is for top 25% full-time Singaporean students who show good conduct and meet income criteria. The household income must be $7,500 or less, or per capita income $1,875 or less, and the students should not receive the Good Progress Award or ITE Community Scholarship.
FINANCIAL ASSISTANCE SCHEMES
A) ITE Monthly Financial Assistance Scheme (MFAS) and Special Student Assistance Scheme (SSAS)
The MFAS provides a monthly allowance to eligible students who need regular financial support for daily expenses. The
The SSAS provides a one-time financial aid to eligible students who need help to tide over short-term financial difficulties or a sudden financial crisis in the family The scheme ranges from $200 to $600, and shall be assessed by the College based on the student’s needs and the funds available.
Application for Bursary & Financial Assistance
To apply for the above bursaries and financial assistance, the student should submit an on-line application for financial assistance and supporting income documents, (e.g. latest payslips, income tax assessment, etc.) for verification and inform his College should there be a change in his household income after application during the academic year. He will be informed if his bursary application is successful. Successful applicants will receive the bursary award via PayNow NRIC or Giro.
Student will be required to refund the full or partial bursary quantum if he is dismissed or voluntarily withdraws or defers from his course of study or is in receipt of a full scholarship/sponsorship/bursary that covers tuition fees and provides an annual or monthly living allowance.
For more information on how to apply for Bursary & Financial Assistance, please click here.
B) Opportunity Fund (OF)
The OF provides a subsidy to eligible students to purchase IT device for their studies. The subsidy is up to 80% of the cost of the IT device, capped at $1,100.
If the student is eligible, he can claim the subsidy if he is an active student at the time of claim and have not claimed a similar subsidy in the last three years.
He can purchase his device from any local retail shop or ITE-approved vendors. For purchase at a local retail shop, he will need to submit his receipt and invoice to the Student Services Centre of the College within one month of purchase, to receive his subsidy credited directly into his bank account.
Alternatively, he may purchase the laptop from any of the ITE-approved vendors where he only need to pay the difference in price after subsidy.
List of Approved Vendors
The following is a list of ITE approved vendors where the student will only need to pay the difference in price after subsidy:
a) AsiaPac Technology Pte Ltd
www.asiapac.com.sg/ite and https://asiapac.com.sg/m1-ite/
b) Acer Computer (Singapore) Pte Ltd
https://store.acer.com/en-sg/ite
c) NUS Co-op
https://www.asiapac.com.sg/lenovo-ite/
Example A:
If the listed price of the PC/Laptop/Tablet is $1,300
Listed price = $1,300
80% x $1,300 = $1,040
The student pay 20% ($1,300 - $1,040) = $260
As 80% of the purchase price did not exceed the subsidy cap of S$1,100, the student is only required to pay the remaining 20%. In this case, he will need to pay the vendor $260. ITE will pay the subsidy of $1,040 directly to the vendor.
Example B:
If the listed price of the PC/Laptop/Tablet is $1,400
Listed price = $1,400
80% x $1,400 = $1,120 (Exceeded subsidy of $1,100)
The student pay ($1,400 - $1,100) = $300
Although 80% of the purchase price is $1,120, it has exceeded the subsidy cap of $1,100.
Hence he will need to pay the vendor $300. ITE will pay the subsidy of $1,100 directly to the vendor.
Please select Payment Method as "FAS" or "PC SUBSIDY" when order online.
Important: The student will need to liaise directly with the vendor for any enquires on and not limited to ordering, delivering, warranty, specs, payment or cancellation.
ITE will not be responsible for any disputes between student and vendor.
If the student is awarded an external IT grant from other organisation to purchase IT device during the academic year, he will need to declare this to the College and refund the OF subsidy received.