Cost of Studying in Singapore

By Javen Lai - an international student

15 Jan 2024

Studying in Singapore offers a dynamic blend of world-class education and multicultural exposure, ideal for students like you. Its universities, such as the National University of Singapore (NUS) and Nanyang Technological University (NTU), are globally renowned for innovative research and practical learning. In Singapore, you'll experience a melting pot of cultures, enriching your personal and academic growth. The city-state is also a gateway to diverse career opportunities in Asia's economic landscape, especially in finance, technology, and healthcare. Plus, with its safe, clean environment and efficient public transport, day-to-day life is convenient and enjoyable. Additionally, the availability of scholarships and financial aid makes it an attractive educational destination.

Tuition Fees

As an international student considering Singapore for higher education, you'll find that universities like NUS and NTU have annual fees ranging from SGD 17,800 to SGD 20,850. This translates to a total cost of SGD 71,200 to SGD 83,400 for a degree. Despite the cost, these universities offer top-notch education, recognized globally for their focus on innovation and research. Graduates are highly sought after in various industries. Plus, the city's strategic location provides ample internship and job opportunities. On Unify, you can find all tuition fees for any tertiary education institute in Singapore. Financial aid and scholarships are available to help manage expenses. Investing in education here opens doors to significant career opportunities and professional growth.

Accomadation Costs

In Singapore, international students have a range of accommodation options to suit different budgets and preferences:

1. Housing Development Board (HDB) Flats:These are government-subsidized and relatively affordable, with rents typically between SGD 1,000 and SGD 1,500 per month. They offer a comprehensive living experience with nearby amenities like supermarkets and metro stations. You can find what HDB is best for you to rent here.

2. University Accommodations: On-campus options include hostels, private rooms, and student halls. While a private room can cost about SGD 3,200 monthly, student halls are more budget-friendly, averaging between SGD 210 and SGD 320 per month, with essential facilities included.

3. Private Housing: Renting apartments privately is pricier, usually ranging from SGD 1,100 to SGD 3,300 monthly, but offers luxurious amenities like swimming pools and tennis courts. Costs can be split by sharing with friends.

4. Private Hostels: Ideal for short-term stays, these cost around SGD 1,000 to SGD 1,500 per month and are run independently, often providing amenities like laundry services and meals.

5. Homestays: Living with a local family, homestays provide an immersive cultural experience at a lower cost, including facilities for daily living.

Each option has its own set of advantages and challenges, so it’s important to consider factors like proximity to your university, lifestyle needs, and your budget when making a decision

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Properties For Rent in Singapore . View Best Priced Property Listings

Food Expenses

As a student in Singapore, your monthly food expenses can average around SGD 580. This cost encompasses both dining out and grocery shopping. Eating at budget-friendly hawker centers, where meals often cost below SGD 6, can significantly reduce expenses. Grocery shopping at local supermarkets like NTUC Fairprice or Giant is another way to manage food costs effectively. Universities typically have canteens offering more affordable meals compared to some hawker centers, further aiding in keeping your food budget in check.

Transportation Costs

Singapore boasts one of the best public transportation systems globally, offering students an efficient and affordable way to commute. With buses and the Mass Rapid Transit (MRT) train network, students can easily navigate the city. The monthly transportation cost for students is around SGD 110, with the EZ-Link card facilitating convenient contactless fare payments for both buses and MRT. This comprehensive network connects various city parts, ensuring accessibility to educational institutions and other destinations.

Lifestyle in Singapore

As a student in Singapore, your miscellaneous and personal expenses will really depend on your individual lifestyle and choices. On average, you might want to set aside about SGD 200 to SGD 500 each month for these. This budget covers a range of things, like your personal care items, entertainment, clothing, and those little day-to-day expenses that add up. Remember, this is just a ballpark figure – you could end up spending more or less depending on your spending habits. A good tip is to make the most of student discounts available around the city and look for budget-friendly ways to have fun. This way, you can enjoy what Singapore has to offer without stretching your budget too thin.

Visa and Travel Costs

For your student journey to Singapore, the main costs include:

1. Visa Costs: The Student Pass application fee is around SGD 30, with an issuance fee of SGD 60 to SGD 150 after approval. These rates may vary, so it's wise to check the latest information from the Immigration & Checkpoints Authority (ICA).

2. Travel Costs: Flight expenses depend on your origin and timing, ranging from SGD 200 to over SGD 1,000. Early booking and looking out for discounts can reduce costs. Also, factor in any health check or travel insurance expenses required for your visa application or personal safety.

Keep in mind, these are estimated costs and can fluctuate, so plan for a range of expenses.

Scholarships

It's important to start this process of finding scholarships early, as scholarship applications often have deadlines well before the start of the academic year. Be prepared to provide academic transcripts, letters of recommendation, and sometimes a personal statement or essay as part of your scholarship applications.

Table of monthly expenses in singapore for a university student

Table of summary of monthly expenses in Singapore