Debated in Parliament on 21 Oct 2013.
Mr Christopher de Souza asked the Minister for Education whether the Ministry is able to assist Singaporean students studying at UniSIM or studying for qualifications administered by SIM with grants, educational awards or concessionary student loans and whether any existing programmes can be enhanced to assist these students achieve their educational goals.
SIM University (UniSIM) offers a range of part-time degree programmes catered primarily to working professionals and other adult learners. It is one of two entities owned by the Singapore Institute of Management (SIM), the other being SIM Global Education, which is a separate private education institution offering programmes leading to degrees awarded
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by overseas universities.
SIM Global Education, like most other private education institutions, is self-funded and does not receive Government funding. For UniSIM, however, MOE has provided subsidies for its part-time undergraduate degree programmes since 2008. These subsidies are similar to those provided by MOE to the National University of Singapore (NUS) and the Nanyang Technological University (NTU) for their part-time degree programmes. Singapore Citizen (SC) students can also utilise the funds in their Post-Secondary Education Account (PSEA) accounts for the payment of fees at UniSIM.
To provide further assistance to those who may need additional aid for their part-time degree study at UniSIM, MOE has also extended the MOE Bursary Scheme to UniSIM this year. This scheme is open to part-time SC undergraduate students with monthly per capita household income of $1,700 and below. From July, part-time SC undergraduate students at UniSIM can also apply for the Tuition Fee Loan, which covers up to 90% of the subsidised fees payable. Students with monthly per capita household income of $2,400 and below will also be eligible for the means-tested Study Loan, which covers the remaining 10% of the subsidised fees not covered by the Tuition Fee Loan. Both loans are interest-free during the period of study.