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 (Tel: 6870 0314).

MOE INDEPENDENT SCHOOLS BURSARY

Singapore Citizens in independent schools may apply for assistance under the MOE ISB scheme. ISB recipients who meet the criteria will qualify for the UPLIFT scholarship which consists of a cash award of $800 per annum to help offset the out-of-pocket expenses for students from lower income households.

Application for MOE ISB

Application forms are available from the Front Office and   Parents’ Portal. Please ensure that the ISB application is accompanied by all relevant documents required by MOE.

You may refer to the Checklist annexed for documents required.

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 fees until their application for the ISB has been processed and 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 back-dated. Approved ISBs are valid till December of the year. Fresh applications will have to be submitted for each academic year.

Income Limits & Benefits

The student needs 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:

Monthly Gross Household Income Per Capita Income Benefits
(with effect from 01 April 2019)
Not exceeding $2,750 Not exceeding $690
  • 100% subsidy of school and miscellaneous fees
  • Free textbooks and school attire (secondary); $900 bursary (pre-university)
  • Full subsidy for exam fees[i]
  • $10 transport credit per month, from the month of approval, up to $120 transport credit per annum (for students taking public transport)

[i] Applicable for students enrolled in the IB Diploma Programme only. Exam fees for GCE ‘O’ and ‘A’ levels have been waived for all Singapore citizens in Government-funded schools from 2015.

$2,751 – $4,000 $691 – $1,000 Subsidy such that student pays the same fee as students in Government and Government-Aided Schools (GGAS)
$4,001 – $6,900 $1,001 – $1,725 Subsidy such that student pays the 1.5 times the fee as students in Government and Government-Aided Schools (GGAS)
$6,901 – $9,000 $1,726 – $2,250 33% school and miscellaneous fees subsidy

 

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 $800 per year for Singapore citizens who

  • are admitted through the Direct School Admission and/or qualify for the Edusave Scholarship, and
  • qualify for 100% fee subsidy under the ISB.

The UPLIFT scholarship is auto-awarded to eligible students and no separate application is needed. For more information please refer to https://www.moe.gov.sg/home

Apart from the MOE ISB, our school has various financial assistance schemes in place:

  • The ACS Class of 78 Bursary, The Earnest Lau Bursary, and The Hee Chit Lim and Chu Yung Yung Bursary
  • Khoo Yang Tin Scholarships
  • Ho Poh Huat Bursary
  • Chou Family Bursary
  • Wong Hin Sun Bursary