Government and/or private funded bursaries are available to the following groups of students:

• Full-time Diploma & PFP students

Government-funded bursaries for Full-Time Diploma & PFP Students (Singapore Citizens)

• The type of government bursary that you will be awarded will depend on whether you have met the corresponding income eligibility of the bursary award. You therefore need only to make one application for the different government bursaries – HECB, HEB or DFP Bursary.
• As the majority of full-time subsidised students are eligible for government bursaries, you are highly encouraged to apply for government bursaries early in March/April so that your application can be approved in time for settlement of fees as well as be considered for additional selected private funded bursaries, awards and grants that are given out early in Semester 1. There is no need for separate and additional applications for these privately-funded bursaries, awards and grants.
• Student must not be a recipient of full scholarship (cover tuition fees and allowance)/sponsorship in the same academic year.
• Full-time Diploma students on the Mendaki Tertiary Tuition Fee Subsidy scheme is eligible to apply for bursary.
• Click here to view important notes on Gross Household Income (GHI) & Per Capita Income (PCI).

^{*Student whose family income meets either PCI or GHI will be eligible for the bursary tier indicated in the same row.}

^{*Student whose family income meets either PCI or GHI will be eligible for the bursary tier indicated in the same row.}

Private funded bursaries, awards and grants (Singaporean Citizen & Singapore PR)

• With generous donations from industry partners, charitable organisations and philanthropic individuals, NYP can provide financial assistance to needy students in the form of bursaries, awards & grants. View our donors' list here.
• Students must not receive full scholarships/sponsorship in the same academic year.

For Singaporean full-time diploma students:

• Once you apply for a government bursary in an academic year, you may then be considered by NYP for private-funded bursaries, awards, and grants – if you meet the donor’s requirements, including income eligibility.
• You are not required to separately apply for private-funded bursaries, awards and grants in that academic year.

For Singapore Permanent Residents full-time diploma students:

• You are encouraged to apply for private donor bursaries, awards and grants during the stipulated application period as shown in the table below.

^{*Student whose family income meets either PCI or GHI will be eligible for the bursary tier indicated in the same row.}

Disbursement arrangement

• Student will only be eligible for bursary for the semester(s) that he/she pays subsidized fees, ie half annual quantum for each semester.
• For bursary application in Mar/Apr and Jun: disbursement of bursary is on semester basis. In each semester, half annual bursary is used to offset the semester fees before the available balance (if any) is disbursed to students.
• For bursary application in Sep/Oct and Jan: disbursement of bursary is one-off. Full annual bursary is used to offset the outstanding fees before the available balance (if any) is disbursed to students.