It is very well known that the average cost of living in Singapore is quite high. However, the cost of pursuing an undergraduate degree in Singapore is more reasonable than studying in western countries. Depending on your course, it costs an average of 25 to 30 Lakh rupees per year to study in Singapore. This cost comprises of:

1. Tuition
2. Accommodation
3. Food and Travel
4. Other miscellaneous expenses such as school supplies and activity & club fees

The total cost of pursuing an undergraduate degree in Singapore would be anywhere near 80 Lakh to 1.2 Crore Rupees over a period of 4 years.

Return on Investment

Singapore is one of the top countries for expats due to its strong economic situation and high quality of life. Roughly 44% of the workforce in Singapore is made up of non-Singaporeans, offering excellent work opportunities to international students. An average salary for a fresh graduate would be SGD 43,000 to SGD 50,000 per year which would be around 23-27 lakhs per year. Information and Digital Technology graduates command the highest median starting salaries of around SGD 53,000 which is approximately 29 Lakh rupees. 

Singapore has a strong influence on global culture and provides an ocean of opportunities for foreign students after graduation.

Let’s find out how you can reduce your costs while studying in Singapore.

Saving and Reducing Costs in Hong Kong

Major universities in Singapore are spread around the island country, with SUTD being right next to Changi Airport and NTU being near the Singapore-Malaysia border. It is a well-known fact that living expenses in Singapore are high. Here are some things you should know about living in Singapore and the way you can cut costs:

1. Generally, universities in Singapore do not offer a meal plan subscription as the food cost on campus is subsidized. Some student residences have common pantries to cook your own food as well.
2. Singapore is one of the most well-connected cities in the world with a vast network of public transport (MRT and Buses). This helps in cutting the cost of commuting from point A to point B. Students can opt for a ‘Concession Pass’, which helps students save costs on public transportation.
3. Students often take up part-time jobs and internships to save costs and work towards being financially independent. International students in Singapore are allowed to take up part-time jobs and internships on and off-campus. For a part-time job, students are allowed to work for 16 hours per week during the school term and 44 hours per week during vacation periods.
4. There are also a large number of scholarship options for international students in Singapore available on each university’s website. Students can search for the scholarships they are eligible and apply for them to further finance their education.

Sign up at UniRely to get in touch with our university-specific mentors and take help with your scholarship forms. For more information, please visit our website unirely.com to learn more about the process of applying to universities in Singapore for an undergraduate degree.