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Fees and Awards
| Description | Amount (in SGD) |
| #Application Fee | S$50/- |
| *Tuition Fee | S$43,700/- effective AY2025/2026 (Singaporean/SPR will receive a subsidy of S$5,000/-) |
| #Miscellaneous Fees | Please refer here: Fees |
*The University reserves the right to alter fees as appropriate. Students are advised to check back for the latest fee details. For more information on financial aid, please submit your query through this link: Inquiry Form. Your query will be directed to the relevant office for assistance.
#Fees payable follow the prevailing rates set by the University.
All fees listed are in Singapore dollars (S$) and are inclusive of the prevailing Goods and Services Tax (GST).
Current tuition fee is for 1 year duration. There will be an administration fee of S$2,000/- and the remaining course fee for each deferment of trimester (subjected to approval).
Application Fee
Applicants are required to pay a non-refundable application fee of S$50/-.
Deposit Fee
A non-refundable confirmation deposit of S$15,000/- is required upon the acceptance of the Offer. This confirmation deposit will be used to offset the first trimester tuition fee payment.
Miscellaneous Fee
Students will also have to bear additional University-level miscellaneous fees. These fees are for both local and international applicants. Please note that additional insurance coverage costs may be applicable depending on your student status.
Tuition fees will be collected on a Trimester basis:
Fee Payable per Trimester | Trimester 1 | Trimester 2 | Trimester 3 |
| Tuition Fee (AY2025/2026) | S$14,566.67 | S$14,566.67 | S$14,566.66 |
Fees listed are in Singapore dollars (S$) and are inclusive of the prevailing Goods and Services Tax (GST).
| Withdrawal of Candidature | Refund Policy |
|---|---|
| Request for withdrawal from a programme of study must be submitted to the School formally in writing. | In the event that a student wishes to withdraw from the programme, the application fee and confirmation deposit fee are not refundable. |
ASEAN Scholarships
We offer up to three ASEAN scholarships each year to exceptional students from ASEAN countries who are citizens or permanent residents and have completed an undergraduate degree in Economics or a related field from a reputable university.
Each scholarship covers full tuition, valued at S$43,700, and is intended to support the professional development of talented students who have demonstrated academic excellence, leadership potential, and a strong commitment to contributing to their communities.
MSAE Awards
The MSc in Applied Economics (MSAE) offers more than S$400,000/-in Awards in total, to outstanding successful students of both intakes each year. Eligible students will be informed at the end of every trimester.
Professor Chew Soon Beng Economics Book Prize
Awarded to the top student for each intake. Each award is S$2,000/-.
| Academic Year | Tuition Fees |
| AY2025/2026 | S$43,700/- (Singaporean/SPR will be eligible for a subsidy of S$5,000/-) |
| AY2024/2025 | S$38,000/- |
AY2022/2023 | Singaporean/SPR : S$29,000/- |
Note: The tuition fees for MSAE may be revised due to several factors, including the rising costs of teaching and research, and the need to maintain the quality of the programme. Hence, it is important to be aware of the potential for tuition fees to be revised in the future.