Cost of Living

Cost to Study in Singapore – Tuition Fee, Rent, & More

Singapore is one of the best study abroad destinations not only because of the high-quality education but also due to the high standard of living when compared to many countries. From being an unrecognized island, Singapore stood up with great potential as the world’s leading economy. With the chance of studying at the most prestigious colleges, education is economical in Singapore. Not only the tuition fees but also the rent, transport, and other expenses are also included when we talk about living costs for students in Singapore. Let’s look out how the cost of living for a student in Singapore would be.

Tuition Fees

Just like the other countries, Singapore has a wide range of categories in universities and the tuition fee also varies for each college. Furthermore, Singapore's polytechnics, which give certificate diplomas, are even more affordable. For example,

  • The average annual tuition for a bachelor's degree in engineering at top universities like NTU and NUS is more than S$ 30,000.
  • A student attending a private university, such as PSB Academy, will have to pay around S$21,000 in tuition fees for one year.
  • The same level of distinction certificate is offered for master's programs as it is for bachelor's programs.
  • MBA programs at some of the world's most famous universities in Singapore range in price from $60,000 to $100,000.

Here are the approximate average monthly expenses in Singapore for International students

Average Monthly Expense In SD $ In INR
Rents at University Halls of Residence 210-320 11,650-17,690
Meals if had at university hostel 150-800 8,000-41,000
Bus Transport 120 6,150
Public Trains (Concessional Pass available) 120 6,150

Other expenses can rise if the students choose to rent an apartment outside the university campus and take care of themselves on their own. Studying in Singapore is not necessarily less expensive than studying in other well-known nations. Where it does save money is that most master's programs, particularly MBAs, are one-year programs.

In a sense, this lowers the expense of studying in Singapore in comparison to another well-known study abroad locations such as the United States and the United Kingdom. What a student must understand is that if he or she does not get a spot in a student hall of residence, which is a strong likelihood, he or she will have to rely on off-campus housing, which is quite expensive in Singapore.

[Read More: Top Scholarships To Study In Singapore For Indian Students]

Top FAQs Asked by Students Travelling to Singapore

Yes. Singapore is a costly for living than many nations. Even though it is slightly cheaper than New York, Singapore living is more costly than Canada, the USA, and other nations. But the tuition fee in Singapore universities is affordable for Indian students.

[Read More: Why choose to Study in Singapore for Higher Education?]

The typical monthly payment for undergraduate and postgraduate students could range from (SGD) $2,000 to $12,000. Undergraduate students' education costs range between INR 12-20 lakhs per year. This varies according to the curriculum and the university.

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