Embargoed Until 8 Dec 2004, 6pm JOINT NUS/NTU PRESS RELEASE 8 December 2004 TUITION FEES FOR UNIVERSITY COURSES FOR AY2005 1. Undergraduate fees have not been changed since AY2001, although universities’ costs have increased. 2. To partially meet the increase in costs, NUS and NTU will be increasing tuition fees for undergraduate courses by 5% in AY2005, to $5,930 for laboratory and nonlaboratory based courses and $17,010 for medical courses. 3. The annual tuition fees for subsidised postgraduate courses at both NUS and NTU will also increase in AY2005. Fees for research-based postgraduate laboratory and non-laboratory based courses will increase by $500; for research-based postgraduate medical courses by $1000; for coursework-based postgraduate laboratory and non-laboratory based courses by $800; and for coursework-based postgraduate medical courses by $1600. 4. NUS and NTU will ensure that no student is denied the opportunity of university education because of financial difficulties. The universities will continue to make available financial assistance schemes for students (see Annex). MEDIA CONTACTS 5. For further enquiries, please contact: Ms Leila Thayalan Ms Diana Tan National University of Singapore Nanyang Technological University Tel : 6874 8163 Tel: 6790 6804 Annex Major Financial Assistance Schemes For Undergraduates Scheme Application Eligibility Quantum per Award per Year Tuition Fee Loan (TFL) All full-time students Up to 80% of tuition fee Study Loan Needy students who must concurrently hold the TFL and/or a loan from the CPF Education Scheme and/or a loan from a registered government agency or a combination of all, of at least 80% of tuition fees Per capita monthly household income < $900 Up to 20% of tuition fee + up to $3,600 living allowance CPF Education Scheme All full-time students Up to 100% of tuition fee CCC-University Bursary Singapore Citizens Monthly household income <$1,500 $1,000 Mendaki Tertiary Tuition Fee Subsidy Malay Singapore Citizens Monthly household income between $2,000 to $3,000 Monthly household income < $2,000 University administered bursary schemes Needy Students For NUS: $1,500 For NTU: $500 to $3,000 University administered loan schemes Needy Students For NUS:$1,200 to $1,800* For NTU: $500 to $2,000 Up to 70% of tuition fee Up to 100% of tuition fee * loan application per semester Students who wish to find out more about the financial assistance schemes available can visit the following webpages: Undergraduates: NUS: http://www.nus.edu.sg/registrar/info/financialaidug.htm NTU: http://www.ntu.edu.sg/OAS/Fees/Financial+Assistance+Schemes/ Graduates: NUS: http://www.nus.edu.sg/registrar/info/financialaidgd.htm NTU: (Research programmes) http://www.ntu.edu.sg/GradStudies/Research+Programmes/Fees+and+Financial+Assistance/ (Programmes by coursework) http://www.ntu.edu.sg/GradStudies/Coursework+Programmes/Fees+and+Financial+Assistance/