Means-tested and non-means-tested Financial
Assistance
To ensure that no students are deprived of education
for lack of financial means, the Student Financial Assistance Agency
(SFAA) provides both means-tested and non means-tested
financial assistance to needy students. Means-tested
assistance includes fee remission for kindergarten pupils; grants
to primary and secondary school students in the form of textbook
assistance and travel subsidy; remission of tuition fees and examination
fees for students of Secondary 4 to 7 in public sector schools;
grants for payment of tuition fees, and low-interest loans for meeting
living expenses to students at the post-secondary and
tertiary level; and reimbursement of tuition fees for Project Yi
Jin students.
Non-means tested and interest-bearing loans are
available to students pursuing recognised publicly funded or self-financing
local award-bearing programmes as well as professional or continuing
education courses for tuition fee payments and living expenses.
Scholarships and Other Assistance Schemes
The SFAA also administers many privately funded
and merit-based scholarships and assistance schemes for students.
Continuing Education Fund
A $5 billion Continuing Education Fund was launched
in June 2002 to subsidise adults with learning aspirations to pursue
continuing education and training courses in specified sectors.
Eligible applicants are reimbursed 80 per cent of their fees up
to $10,000, on successful completion of a reimbursable course or
module forming part of the course.
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