Fees and Awards


DescriptionAmount (in SGD)
#Application Fee S$50/-
*Tuition Fee
S$38,000/- effective AY2024/2025
(Singaporean/SPR will receive a subsidy of S$5,000/-)
#Miscellaneous Fees Please refer here:  Fees


*The University reserves the right to alter fees as appropriate. Students are advised to check back for the latest fee details. For more information on financial aid, please submit your query through this link: Inquiry Form. Your query will be directed to the relevant office for assistance.

#Fees payable follow the prevailing rates set by the University.

All fees listed are in Singapore dollars (S$) and are inclusive of the prevailing Goods and Services Tax (GST).

Current tuition fee is for 1 year duration.  There will be an administration fee of S$2,000/- and the remaining course fee for each deferment of trimester (subjected to approval).


Application Fee

Applicants are required to pay a non-refundable application fee of S$50/-.

Deposit Fee

A non-refundable confirmation deposit of S$13,000/- is required upon the acceptance of the Offer. This confirmation deposit will be used to offset the first trimester tuition fee payment.  

Miscellaneous Fee

Students will also have to bear additional University-level miscellaneous fees.  These fees are for both local and international applicants.  Please note that additional insurance coverage costs may be applicable depending on your student status. 

Tuition fees will be collected on a Trimester basis:

Fee Payable per Trimester
Trimester 1Trimester 2Trimester 3
Tuition FeeS$13,000/- S$13,000/-S$12,000/-

Fees listed are in Singapore dollars (S$) and are inclusive of the prevailing Goods and Services Tax (GST).

Withdrawal of CandidatureRefund Policy
Request for withdrawal from a programme of study must be submitted to the School formally in writing.In the event that a student wishes to withdraw from the programme, the application fee and confirmation deposit fee are not refundable.

MSAE Awards

The MSc in Applied Economics (MSAE) offers more than S$300,000/-in Awards in total, to outstanding successful students of both intakes each year.  Eligible students will be informed at the end of every trimester.

Professor Chew Soon Beng Economics Book Prize

Awarded to the top student for each intake.  Each award is S$2,000/-.

Academic YearTuition Fees
(Singaporean/SPR will be eligible for a subsidy of S$5,000/-)

(Singaporean/SPR will be eligible for a subsidy of S$5,000/-)


Singaporean/SPR : S$29,000/-
IS : S$34,000/-


Note: The tuition fees for MSAE may be revised due to several factors, including the rising costs of teaching and research, and the need to maintain the quality of the programme. Hence, it is important to be aware of the potential for tuition fees to be revised in the future.