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Postgraduate Fees and Funding

Find out how much your postgraduate studies cost and how to get financial support.

Explore our postgraduate fees and funding. Here you can find information about the: 

  • Industrial Postgraduate Programme
  • 10% tuition fee discount
  • Fee Protection Scheme
  • Refunds
  • 2023 and 2024 GST increase

NewRIIS Fees and Funding - Academic Year 2024-2025

 


Industrial Postgraduate Programme

The Industrial Postgraduate Programme (IPP) is an initiative by the Singapore Economic Development Board (EDB).

It's an opportunity for postgraduate students to work on R&D projects with companies across Singapore.

Terms and conditions
  • Applicable for existing employees of a company involved in IPP (selected candidates nominated by the company) or current/prospective students of NewRIIS (selected candidates will be mapped to their university’s pool of companies under IPP and their available projects)
  • Candidate must be a Singapore Citizen or Singapore Permanent Resident
  • Candidate must not be receiving concurrent funding support under any awarding bodies, any bursaries or scholarships
  • There is no bond requirement. Candidates and companies can negotiate terms on a case-by-case basis
  • Candidate supported by IPP will be employed by a Singapore-based company and enrol into a full-time postgraduate research programme at NewRIIS
  • Candidates are expected to tackle highly industry-relevant projects and receive joint supervision and training from the companies and their partner universities. Throughout the programme, trainees will gain knowledge of the inner workings of the industry – spending 50% of their training in the R&D facilities of the company.

10% tuition fee discount

NewRIIS offers a 10% reduction in postgraduate tuition fees to:

  • members of the British Chamber of Commerce Singapore (BritCham)
  • employees of Nanyang Polytechnic
  • employees of Ngee Ann Polytechnic
  • employees of the Singapore Institute of Technology (SIT)
Terms and conditions
  • You must be a member of or employed by the above instutiions at the point of application. 
  • You can enjoy the discount as long as you continue to be a member or an employee of the above institutions. You must provide proof of membership or employment during your application and at every billing. The discount will cease once you are no longer a member or employee of the above instutions. 
  • The discount cannot be combined with other awards, rebates or discounts.

Industry Wide Course Fee

Protection of Student Fees

In compliance with the requirements of the Committee for Private Education (CPE), Newcastle Research & Innovation Institute (NewRIIS) is required to purchase insurance on behalf of its students to protect unconsumed course fees paid by the student, in event the institute is unable to contine operating. 

The industry-Wide Course (IWC) fee  is a mandatory requirement for Private Education Instuitions (PEIs) who are registered with CPE under the Enhanced Registration Framework (ERF). This applies to all students who are taking courses with NewRIIS, with course duration of more than 1 month or 50 hours.

The IWC insurance offers insured students the protection against the following events:

  1. Loss of unconsumed course fees of the insured student paid to NewRIIS if NewRIIS is unable to continue operations due to insolvency, termination and/or regulatory closure event.
  2. If NewRIIS fails to pay penalties or to return fees to students arising from judgements made against by Singapore Courts. 

Fee protection service provider

NewRIIS has appointed Lonpac Insurance Bhd as the fee insurance provider for all our students. Lonpac Insurance is a CPE-approved service provider. 

Lonpac Insurance Bhd
300 Beach Road #17-04/06
The Concourse
Singapore 199555

Protected Fees

All course fee as stated in Schedule B of the Standard PEI-Student Contract of NewRIIS are insured. It refers to the tuition fees that are paid by the students to be enrolled in NewRIIS. 

The insurance coverage commences from the fee payment date till end of the course fee utilsed date. 

It doesn't cover the following:

  • Application Fee
  • Miscellaneous Fees (ad-hoc, non-compulsory and non-standard fees paid only when necessary and where applicable)
  • Goods and Service Tax (GST)

Certificate of Insurance

With effect from 1st October 2024, tuition fees paid would be protected under IWC insurance scheme by Lonpac Insurance Bhd. Under the group insurance scheme, Lonpac Insurance Bhd issued Certificate of Insurance to NewRIIS with an annual determined insurable amount can be collected by NewRIIS during the period of indemnity. 

NewRIIS Industry Wide Certificate

Claim Process

Students to submit the following documents to the insurance provider:

  • Proof of identity
  • proof of fees paid (fee electronic receipt)
  • valid student contract

 

 


Refunds

Refund policy

Details about our refund policies are included in your student contract. It has information about: 

  • refund for withdrawal due to non-delivery of course
  • refund for withdrawal due to other reasons
  • refund during the cooling-off period

Download a sample student contract (DOCX: 33KB)

Refund procedure

  1. If you want to withdraw or defer, you'll need to follow Newcastle University's Student Progress service policies and procedures.
  2. You'll be notified by email about the status of your refund and the amount, if any.
  3. All refunds will be processed within seven working days of making the request.

GST increase

In the Budget 2022, the Singapore Minister for Finance announced an increase in the goods and services tax (GST).

The GST increased from 7% to:

  • 8% GST from 1 January 2023
  • 9% GST from 1 January 2024

What this means

By law, our fees must include the GST rate. NewRIIS invoices and fees have increased to include the new GST rates.

The below GST rates are included in student contacts, invoices and payments issued in:

  • 2023: 8% GST
  • 2024: 9% GST

Calculate the GST-inclusive fee

Student contract issued in 2022 or earlier

Fees inclusive of 7% GST rate.

Fees payable from 1 January 2023: (Student contract fee / 1.07) x 1.08

Fees payable from 1 January 2024: (Student contract fee / 1.07) x 1.09

Student contract issued in 2023

Fees inclusive of 8% GST rate.

Fees payable from 1 January 2023: No re-calculation required

Fees payable from 1 January 2024: (Student contract fee / 1.08) x 1.09

Calculation table
 Fees payable from 1 January 2023Fees payable from 1 January 2024

Student contract issued in 2022 or earlier

Fees inclusive of 7% GST rate.

(Student contract fee / 1.07) x 1.08

(Student contract fee / 1.07) x 1.09

Student contract issued in 2023

Fees inclusive of 8% GST rate.

No re-calculation required

(Student contract fee / 1.08) x 1.09