Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS)

Enquiry
2152 9000

Overview

The Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS) provides means-tested financial assistance in the form of grant and/or loan to eligible full-time students taking up an exclusively publicly-funded student place of a recognised post-secondary programme.

Statistics

Academic Year 2022/2023 2023/2024 2024/2025
(as at 31 October 2024)
Student population 95 985 94 478 95 880
No. of applications
- received 19 607 18 904 16 863
- with results issued 19 607 18 904 10 208
No. of applicants
- with assistance paid 15 535 14 761 8 636
- with grant paid 15 535 14 761 8 636
- with loan offered 15 373 14 641 8 647
- with loan paid 2 797 2 990 1 207
Average amount paid^
- assistance $55,028 $56,471 $27,730
- grant $46,563 $46,744 $24,036
- loan $47,013 $48,022 $26,431
Total amount of
- grant paid^ (million) $723.36 $689.98 $207.57
- loan offered (million) $736.78 $720.35 $453.69
- loan paid^ (million) $131.50 $143.59 $31.90
Note:
^

Approved grant and/or loan will be paid in one or more than one instalment(s). The amount of assistance paid in 2024/25 shown in the table above does not reflect the full amount of assistance paid in the year until the 2024/25 application cycle ends.