Fees, Funding, and Student Contract
Funding for Postgraduate
Funding for PostgraduateThere are many research grants available to help students and companies fund research. These are provided by the Singapore Government and many industry bodies.
Maritime Cluster Fund (MCF) *
Administered by Maritime and Port Authority of Singapore (MPA).
Applicable for MSc in Marine Technology, MPhil & PhD programme related to maritime research.
If you meet the terms and conditions, you do not need to apply for MCF funding. Please use the self-checklist for more information http://www.mpa.gov.sg/assets/self-assessment-checklist/self-assessment-checklist.html
Terms & Conditions:
- NewRIIS is a pre-approved for the MCF for up to 70%
- Candidate must be a Singapore Citizen or Singapore Permanent Resident
- Applicable for MSc in Marine Technology, MPhil or PhD programme related to maritime research at NewRIIS
- Applications are subject to MPA’s approval
For more information, go to http://www.mpa.gov.sg or http://www.mpa.gov.sg/web/portal/home/maritime-companies/setting-up-in-singapore/developing-manpower/training-maritime-singapore
Industrial Postgraduate Programme (IPP) *
Opportunities with Economic Development Board (EDB) and Enterprise Singapore (ESG).
Applicable for MPhil & PhD programme offered in NewRIIS
Terms & 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 programmes 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 into the inner workings of the industry – spending 50% of their training in the R&D facilities of the company.
For more information, please contact NewRIIS
10% Tuition Fee Discount *
NewRIIS offers a 10% reduction in postgraduate tuition fees to:
- Members of British Chamber of Commerce Singapore (BritCham)
- Employees of Nanyang Polytechnic
- Employees of Ngee Ann Polytechnic
- Employees of Singapore Institute of Technology (SIT)
Terms & Conditions:
- The discount cannot be combined with other awards, rebates or discounts
- Candidates will enjoy the discount as long as they maintain their employment/ membership
- Employees/ Members must provide prove of employment/ membership during application and at every billing
For more information, please contact NewRIIS
Fee Protection Scheme (FPS)
Fee Protection Scheme (FPS)What is the Fee Protection Scheme (FPS)?
In compliance with the requirements of the CPE, NewRIIS is required to purchase insurance on behalf of its students to protect unconsumed course fees paid by the student. Fee Protection Scheme (FPS) is a mandatory requirement and is applicable to all students who are taking courses with NewRIIS, with course duration of more than 1 month or 50 hours.
Fee protection FPS Service Provider
NewRIIS has appointed LONPAC Insurance Bhd, a CPE approved service provider, as the Fee insurance provider for all students, and pays the insurance premiums on behalf of the students.
Lonpac Insurance Bhd
100 Beach Road
#19-00 Shaw Tower
Singapore 189702
To view the insurance certificate purchased, please visit our website http://www.guke188.com/singapore/newriis/feesfunding/
Protected Fees
All course fees as stated in schedule B of the Standard PEI-Student Contract of NewRIIS are insured. It refers to all fees that are paid by the student to be enrolled in NewRIIS except for Course Application Fee, Miscellaneous Fees (ad-hoc, non-compulsory and non-standard fee paid only when necessary or where applicable) and GST.
Students who seek Deferment or Transfer resulting in extension of the course duration will be protected for the applicable extended period.
Certificate of Insurance (COI)
NewRIIS will purchase the insurance within 7 days of collection of the fees and the student will receive the COI via email from the insurance provider. In the event of not receiving the COI, please contact Kobe Koh Kobe.Koh@newcastle.ac.uk The insurance coverage shall commence from the fee payment date till the next payment due date or the course end date, whichever is earlier.
Protection Provided
The FPS Insurance offers insured students protection against the following events:
- Loss of unconsumed course fees of the insured student paid to NewRIIS in the event that NewRIIS is unable to continue operations due to insolvency and/or regulatory closure.
- If NewRIIS fails to pay penalties or to return fees to students arising from judgements made against it by the Singapore Courts.
- S$10,000/- benefit payable to the student covering the insured student’s accidental death or permanent disability by accident.
How to make the FPS Insurance Claim?
Submit to the insurance provider (LONPAC) with the following documents, with claims on the prescribed forms:
- Proof of identity
- Certificate of Insurance
- Proof of fees paid (original fee receipt)
- Valid student contract
Prospective Students are advised to visit CPE’s website http://www.ssg.gov.sg/cpe/for-peis/protection-of-course-fees.html for more details of the FPS.
Refund Policy and Procedure
Refund Policy and ProcedureRefund Policy
Refund for Withdrawal Due to Non-Delivery of Course:
The PEI will notify the Student within three (3) working days upon knowledge of any of the following:
(i) It does not commence the Course on the Course Commencement Date;
(ii) It terminates the Course before the Course Commencement Date;
(iii) It does not complete the Course by the Course Completion Date;
(iv) It terminates the Course before the Course Completion Date;
(v) It has not ensured that the Student meets the course entry or matriculation requirement as set by the organisation stated in Schedule A within any stipulated timeline set by CPE; or
(vi) The Student’s Pass application is rejected by Immigration and Checkpoints Authority (ICA).
The Student should be informed in writing of alternative study arrangements (if any), and also be entitled to a refund of the entire Course Fees and Miscellaneous Fees already paid should the Student decide to withdraw, within seven (7) working days of the above notice.
Refund for Withdrawal Due to Other Reasons:
If the Student withdraws from the Course for any reason other than those stated in Clause 2.1, the PEI will, within seven (7) working days of receiving the Student’s written notice of withdrawal, refund to the Student an amount based on the table in Schedule D.
Refund During Cooling-Off Period:
The PEI will provide the Student with a cooling-off period of seven (7) working days after the date that the Contract has been signed by both parties.
The Student will be refunded the highest percentage (stated in Schedule D) of the fees already paid if the Student submits a written notice of withdrawal to the PEI within the cooling-off period, regardless of whether the Student has started the course or not.
Schedule D
Refund Table
% of [the amount of fees paid under Schedules B and C] |
If Student’s written notice of withdrawal is received: |
[80] |
more than [14] days before the Course Commencement Date |
[50] |
before, but not more than [14] days before the Course Commencement Date |
[20] |
after, but not more than [7] days after the Course Commencement Date |
[0] |
more than [7] days after the Course Commencement Date |
Refund Procedure
- Students who wish to withdraw or defer will refer to and adhere to Newcastle University’s Student Progress Services Policies and procedures.
- Student will be notified via email on the status of the refund and the computation of the refund amount, if any.
- All refunds will be processed within 7 working days from making the request
GST Rate Change 2023 and 2024+
GST Rate Change 2023 and 2024+The Singapore government announced in February this year that the goods and services tax (GST) will be increased from the current 7% to 9% over the next two years:
• 8% GST from 1 January 2023
• 9% GST from 1 January 2024
This means that in year 2023, invoices issued and fees collected by NewRIIS will be subject to the prevailing GST of 8% instead of the current 7%, and in year 2024, invoices issued and fees collected by NewRIIS will be subject to the then prevailing GST rate of 9%.
As fees must be inclusive of GST at prevailing rate by law, all student contracts and invoices issued and payments received by 31 Dec 2022 will be inclusive of the current 7% GST. With effect from 1 January 2023, all student contracts and invoices issued will be inclusive of the new 8% GST.
From your student contract, you will be able to calculate the 2023/2024 GST-inclusive fee payable by: