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 2023/2024 2024/2025 2025/2026
(as at 31 October 2025)
Student population 94 478 95 880 96 719
No. of applications
- received 18 904 17 759 15 069
- with results issued 18 904 17 759 8 940
No. of applicants
- with assistance paid 14 761 13 742 7 564
- with grant paid 14 761 13 742 7 564
- with loan offered 14 641 13 648 7 573
- with loan paid 2 990 3 018 1 132
Average amount paid^
- assistance $56,471 $57,909 $29,297
- grant $46,744 $47,037 $25,302
- loan $48,022 $49,504 $26,695
Total amount of
- grant paid^ (million) $689.98 $646.39 $191.38
- loan offered (million) $720.35 $690.22 $404.74
- loan paid^ (million) $143.59 $149.40 $30.22
Note:
^

Approved grant and/or loan will be paid in one or more than one instalment(s). The amount of assistance paid in 2025/26 shown in the table above does not reflect the full amount of assistance paid in the year until the 2025/26 application cycle ends.