Tuition Fees & Financing

​​​​Fees​​​​ ​

​Application Fee​​​S$100
​Enrolment FeeS$21,400 (*inclusive of GST, non-refundable and payable upon acceptance of the offer of admission)
​Tuition FeeS$53,387.17 (inclusive of GST and S$21,400 enrolment fee) 
Student Service Fee**​S$386.40
Health Service Fee​S$145.80

* This amount is calculated based on the current Singapore GST rate of 7% and will be revised from 1 January 2023, due to the adjustment of GST to 8% and 9% in 2023 and 2024 respectively. 
**Student Service Fee (Subject to changes) include fees for Registration, Exam, Amenities and Sports (full-time students only), IT Facilities, Smart Card and Copyright. 


Fee Schedule

 Enrolment Fee (S$) 1st Instalment
(Aug 2023)
2nd Instalment
(Nov 2023)(S$)​
3rd Instalment
(Mar 2024)(S$)
Tuition Fee 20,000.003,000.0013,000.0013,000.0049,000.00
​GST* 1,400.00240.001,040.001,170.003,850.00
​Total Tuition Fee 21,400.003,240.0014,040.0014,170.0052,850.00
​Miscellaneous Fee
(Inclusive of GST)**
 537.17  537.17
Total ​21,400.003,777.1714,040.0014,170.0053,387.17


The enrolment fee is payable upon acceptance of offer and is non-refundable. It will be deductible from the full tuition fee.  

* GST is subject to revision at the discretion of the Singapore Government. The current GST rate in Singapore is 7%. Please note that GST rate will be adjusted to 8% and 9% in 2023 and 2024 respectively, and the total tuition fee will be adjusted accordingly if the enrolment fee is paid after 31 December 2022. 

** A one-time miscellaneous fee of $537.17 will be billed in the first trimester and payable with the trimester tuition fee. This fee is subject to revision at the discretion of the University.  



NTU Alumni Grant

NTU alumni who have completed a bachelor’s or post-graduate degree at NTU are eligible for an alumni grant of 10% of the tuition fees. The subsidy can only be used to offset the tuition fee and cannot be used to offset other costs such as student service fees or miscellaneous fees.​


Singapore Citizen & Singapore PR Grant

Singapore Citizens and Singapore Permanent Residents are eligible for a grant of 10% of the tuition fees. The subsidy can only be used to offset the tuition fee and cannot be used to offset other costs such as student service fees or miscellaneous fees.


MSc Marketing Science Merit Scholarship

NBS offers partial scholarships to stellar candidates, on a competitive basis. Only applicants who have been offered a place in MSc Marketing Science programme are eligible for the scholarships. The partial scholarship will go towards off-setting the fees of the programme, and does not cover the living expenses in Singapore, travel and accommodation.

Eligibility Criteria

  • Possess excellent academic credentials
  • Performed well in the admission interview
  • Granted admission to the MSc Marketing Science Programme

How to Apply

  • Please complete the scholarship part of the online application, including the scholarship essay.  
  • Applicants who wish to be considered for the scholarship should ensure that their scholarship applications are completed (including submission of all supporting documents) by round 1 deadline.
  • Scholarship application will only be considered when it is submitted together with the application.


ASEAN Development Scholarship

This partial scholarship is awarded to nationals of ASEAN member countries (excluding Singapore) as part of NBS’s effort to accelerate economic and social progress in the Member States of ASEAN.  Each scholarship quantum is at 40% of the tuition fee.

Eligibility Criteria

Scholarship applicants must possess strong academic records, demonstrated leadership qualities and potential, and for working professionals, a strong career progression.

How to Apply

A complete online application including the scholarship section, and required supporting documents must be submitted by the first round application deadline to be eligible for the ASEAN Development Scholarship.


Financial Aid

International students who require financial aid can approach Prodigy Finance to check on their eligibility.

Prodigy Finance:
All international students are eligible. Singapore citizens and Permanent Residents are ineligible. Residents with a non-permanent status maybe eligible depending on the specifics of their situation.
For more information visit Prodigy Finance.