Financial Assistance
Financial Assistance
Our school has various financial assistance programmes in place. Should you require assistance with school fees, please approach our Deputy Principal, Mr Patrick Soo (patrick@acsindep.edu.sg) or School Secretary, Ms Eunice Seah (eunice@acsindep.edu.sg).
MOE INDEPENDENT SCHOOLS BURSARY
Singapore Citizens in independent schools may apply for assistance under the MOE ISB scheme. For ISB recipients who qualify for 100% fee subsidy and subsidy such that they pay the same fees as students studying in government and government aided schools, they will qualify for the UPLIFT scholarship, which consists of a cash award of $1,000 per annum, to help offset the out-of-pocket expenses for students from lower-income households.
Application forms are also available from the Front Office and the Parents’ Portal. Please ensure that the ISB application is accompanied by all relevant documents required by MOE.
Omission may result in a delay in the processing of the application, and in turn, a delay in the awarding of the ISB.
Students should pay the full amount of school and miscellaneous fees until their application for the ISB has been processed and they have received written advice from the school.
Applications may be made throughout the year as exigencies of each family’s financial situation demand. However, each MOE ISB award is effective from the month the application is approved and may not be backdated. Approved ISBs are valid till December of the year. Fresh applications will have to be submitted for each subsequent academic year as the ISB is tenable for that year only.
Income Limits & Benefits
The student needs to only satisfy either the Gross Household Income (GHI) or the Per Capita Income (PCI) criterion. PCI is computed based on the GHI divided by the number of members in the household.
Once approved, the ISB will provide the benefits shown in the table below:
Income Limits
|
Benefits with effect from 1 January 2024 |
|
Monthly Gross
|
Per Capita Income (PCI) |
|
Not exceeding $3,000 |
Not exceeding $750 |
● 100% subsidy of school and miscellaneous fees
|
$3,001 – $4,400 |
$751 – $1,100 |
Subsidy such that student pays the same fee as student studying in government and government-aided schools (GGAS) |
$4,401 – $7,500 |
$1,101 – $1,875 |
Subsidy such that student pays 1.5x GGAS fee~ |
$7,501 – $10,000 |
$1,876 – $2,500 |
33% subsidy of school and miscellaneous fees |
[i] Applicable only to Singapore Citizen students enrolled in the International Baccalaureate Diploma Programme (IBDP) in government-funded schools. Exam fees for GCE O- and A-Levels have been waived for all Singapore Citizens in government-funded schools.
* The public transport subsidy will only be provided from the effective month of the MOE ISB till December of the year.
~ GGAS fee comprises school fees, standard miscellaneous fees and maximum 2nd tier miscellaneous fees payable by Singapore Citizen students in a government school or government-aided school.
Should there be a requirement for any further subsidy for any other school activity / programme, parents should write directly to our Deputy Principal, Mr Patrick Soo (patrick@acsindep.edu.sg) and complete the relevant application forms. Full disclosure is necessary for applications to be processed.
UPLIFT Scholarship
The UPLIFT scholarship for Independent Schools provides a monetary award of $1,000 per year for Singapore citizens who
-
are admitted through the Direct School Admission, and/or
-
qualify for the Edusave Scholarship.
The UPLIFT scholarship is automatically awarded to eligible students and no separate application is needed.
For more information please refer to this website.
Apart from the MOE ISB, our school has following scholarships, bursaries and assistance scheme in place:
a) School-based scholarships:
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Khoo Yang Tin Scholarships
-
Leong Family Scholarships
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Wong Hin Sun Scholarships
b) School-based bursaries:
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The ACS Class of 78 Bursary, The Earnest Lau Bursary, and The Hee Chit Lim and Chu Yung Yung Bursary
-
Chou Family Bursary
-
Ho Poh Huat Bursary
c) The ACS (Independent) Pocket Money Fund