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.

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.

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. Approved ISBs are valid till December of the year. Fresh applications will have to be submitted for each academic year.

Please refer to the Table below for the benefits under ISB.

Monthly Gross Household Income Per Capita Income Benefits
(with effect from 01 April 2015)
Not exceeding $2,500 Not exceeding $625
  • 100% subsidy of school fee and miscellaneous fees
  • Free textbooks and school attire at Secondary level; $750 bursary at Junior College level
  • $120 transport credit per annum (for students taking public transport)
  • Full subsidy for exam fees
$2,501 – $4,000 $626 – $1,000 90% subsidy of school fee and miscellaneous fees
$4,001 – $5,000 $1,001 – $1,250 70% subsidy of school fee and miscellaneous fees
$5,001 – $6,000 $1,251 – $1,500 50% subsidy of school fee and miscellaneous fees
$6,001 – $7,200 $1,501 – $1,800 33% subsidy of school fee and miscellaneous fees

 

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

  • Pacific Healthcare Bursary
  • 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

 

The ACS (Independent) Pocket Money Fund also helps to supplement students’ own recess/lunch money.