While the cost of education in Singapore can be relatively higher compared to other Asian countries, the government provides tuition fee discounts and subsidies for local and international students.
In this article, we will explore some of the most affordable universities in Singapore, along with their programs, fees, and available financial assistance.
How Affordable Are Universities in Singapore?
While Singaporean universities may not be the most affordable in Asia, the government offers financial aid to international students.
These grants enable students to benefit from lower tuition fees than other international students. Additionally, many scholarships are available to support students financially throughout their academic journey.
Scholarships in Singapore
What is the Cost of Living in Singapore?
It is important to note that the cost of living in Singapore can be higher than in other Asian countries. Accommodation expenses typically constitute a significant portion of the budget.
For more cost-effective options, students can explore the possibility of securing a place in student residences or seeking affordable rental accommodations.
The official currency in Singapore is the Singaporean dollar (SGD), with an exchange rate of approximately 1 SGD = 74 INR.
For instance, renting a one-bedroom apartment in Singapore can range from approximately 1,18,700 INR to 2,04,500 INR, depending on the location and size of the unit.
Monthly expenses for public transportation can amount to around 8,100 INR. Depending on personal preferences, groceries can cost approximately 15,000 to 18,750 INR monthly.
Eating out can vary in cost, with some local restaurants and street markets offering meals for less than 750 INR. At the same time, higher-end establishments may charge more due to Singapore’s popularity as a tourist destination.
Top Value German Universities
Cheapest Universities in Singapore
1. National University of Singapore (NUS)
Tuition Fee Range: 4,00,000 INR to 9,00,000 INR per year (varies by course and program)
The National University of Singapore (NUS) is Singapore’s oldest and largest higher education institution. It offers various programs across disciplines and consistently ranks among the top universities globally.
NUS is known for its academic excellence and is divided into 17 schools and faculties, including business, medicine, arts and social sciences, and engineering. The university also collaborates with prestigious international institutions to provide exceptional learning opportunities.
2. Nanyang Technological University (NTU)
Tuition Fee Range: 3,50,000 INR to 7,50,000 INR per year (varies by course and program)
Established in 1981, Nanyang Technological University (NTU) is the second-largest university in Singapore. It offers a wide range of humanities, arts, social sciences, business, science, and engineering programs. NTU is known for its research and innovation and consistently ranks among the top universities globally.
3. Singapore Management University (SMU)
Tuition Fee Range: 6,50,000 INR to 12,50,000 INR per year (varies by course and program)
Singapore Management University (SMU) was established in 2000 and specialized in business and social sciences. It offers undergraduate and graduate programs across various disciplines. SMU emphasizes employability and provides internship programs in collaboration with companies to enhance students’ practical skills and work experience.
4. Singapore University of Technology and Design (SUTD)
Tuition Fee Range: 8,00,000 INR to 14,00,000 INR per year (varies by course and program)
The Singapore University of Technology and Design (SUTD) was established in 2009 and focused on design, humanities, arts, social sciences, data science, and artificial intelligence.
It is a specialized institution with a commitment to innovation and collaboration. SUTD offers programs that differ from those offered by universities in the United States, such as partnerships with prestigious institutions like MIT and Duke University.
5. Singapore University of Social Sciences (SUSS)
Tuition Fee Range: 10,50,000 INR to 17,50,000 INR per year (varies by course and program)
The Singapore University of Social Sciences (SUSS) was established in 2005 and offers various flexible part-time programs. SUSS specializes in humanities and behavioral sciences, science and technology, law, business, and human development.
It prioritizes partnerships with polytechnics and overseas universities to provide accelerated pathways and diverse learning opportunities.
While education costs in Singapore may be relatively higher compared to some Asian countries, the government’s provision of tuition fee discounts and subsidies for international students makes pursuing education in Singapore an attractive option.
The National University of Singapore, Nanyang Technological University, Singapore Management University, Singapore University of Technology and Design, and Singapore University of Social Sciences offer excellent programs at affordable rates.
By taking advantage of available scholarships and financial assistance, students can navigate the cost of living in Singapore and access world-class education in a dynamic and vibrant environment.
