When considering an overseas study experience, it is crucial to get a clear picture of what your financial commitment will be. The perception that studying abroad is expensive often deters many students, but the cost of studying in Singapore might surprise you. In this article, we will break down the key components of studying in Singapore, demonstrating its affordability compared to other popular study destinations.
Tuition Fees
One of the primary expenditures you'll need to consider is tuition fees. Private universities in Singapore typically charge between US$26,000 and $30,000 (in total) for a pathway program leading from admission at Grade 9 or 10 to obtaining a bachelor’s degree! For certain schools, it can go up to a range of US$38,000 to $45,000.
While these numbers may still seem high, it is essential to compare them with other popular education destinations. For instance, with Singapore's accelerated degree programs, you might obtain your degree with just 1-2 years' worth of tuition fees that a student would typically pay in the US or Australia!
The Hive at Nanyang Technological University.
Accommodation
After tuition, accommodation will be your next significant expense. Singapore offers a variety of options to suit different budget ranges. Dormitories, a popular choice for many students, cost between US$450 and $600 per month. If you prefer more privacy, you could opt for room rentals in public or private apartments, which will cost between US$500 - $800 and US$700 - $1,000 respectively. For those who desire complete autonomy, studio apartments are available, though they will set you back more than US$1,000 per month.
Living Expenses
Finally, living expenses will form the remaining portion of your budget. These include food, transportation, entertainment and miscellaneous expenses. Singapore is known for its affordable and diverse food centres, where a meal will just cost you between US$3.50 and $5.
Public transportation, such as buses or subways, are economical options as well, with an average ride costing just over US$1. Considering these expenses, you can expect to budget approximately US$550 to $700 per month for living expenses.
Transportation along Orchard Road Singapore.
Moreover, the accelerated pathway to obtaining your bachelor’s degree in a shorter period means extra cost savings compared to pursuing your degree in other countries.
Studying in Singapore, therefore, presents an affordable yet world-class education opportunity. While it does represent a significant financial commitment, when viewed in comparison to other education destinations, its value proposition is clear.
Still on the fence about whether to study in Singapore? Here are the “Top 5 reasons to Study Abroad in Singapore”.
Interested in learning more about studying in Singapore? With a wide network of school partners, Flying Chalks is always willing to lend a hand in helping students study in Singapore. From securing a university spot for you to settling your Student VISA and accommodation, our education experts will help you from start to finish, free of charge, without needing you to worry! We also have a team in Singapore to assist our students should they encounter any problems.
Sign up now for a free consultation by simply filling up the application form above. Alternatively, you can visit our Study Abroad in Singapore page to find out more.
