Is Singapore expensive for students?

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Singapore the most beautiful place in Asia placed at 11th position among 50 countries in Asia. As far as study is concerned, Singapore has become an attraction as a new destination goes to Study abroad for students as it consistently maintained its quality and its position among the top 15 cities. It is rapidly emerging as an educational hub.

Singapore expensive for students
Singapore expensive for students

What does the living cost include?

Tuition fee:

 Here the average annual fee is relatively low as compared to other united states. Its fees are somewhere around SGD 8000 to SGD 9000 per annum in public universities and around 2000 to 5000 SGD in private universities. It depends on the courses that you opt for after the 12th for example Arts and social science may cost you 20lakhs per annum, Law may cost you 30lakhs per annum whereas medicine may cost you 80lakhs for courses. This is the estimated range for both graduate and non-graduate students.

Accommodation cost:

Living costs may vary from person to person it may cost between SGD 800 to SGD 2500 which is approximately INR 50,000 to INR 1,50,000 per month. It includes facilities, entertainment, transport, etc. Depending upon the type of student opting for accommodation and utilities. Also, students are provided concessions for transport. Approximately the average cost of living at the university including rent, and monthly cost of utilities [wifi, gas, water, etc.] is approximately INR 40,000 which is always more economical than the living cost in the city.

Traveling cost:

The traveling cost includes bus travel and other public transport which doesn’t add up to much. Singapore is known for providing good transportation facilities in fewer amounts. Moreover, students get concessions on travel. This could approximate about 40-45 SGD a month. You can always opt for a bicycle which is a one-time investment and does not require much maintenance.

 Health cost:

Health insurance in Singapore costs you around 920SGD to 5051SGD which can give you cover on unexpected health issues to up to 2.5 million.

Saving tips:

Students along with their education can earn $1000 to $2500 a month but a work permit is compulsory or to be in a work holiday program. Many institutes provide work pass for students with strict rules and regulations or part-time jobs. They can work only 16 hours a week. Also, they can work as a tuition teacher if confident. But for any job, you have to meet specific requirements and if you are eligible you can make your life easy and independent with earning while learning policy.

Conclusion: Studying in Singapore is a good option as it is fast emerging as a preferred global educational hub. A good standard of living, the most compatible city, and future job opportunities are its attraction. Singapore is the best combination of education, natural beauty, and man-made beauty, and last but not least multiple opportunities for future growth. Singapore is comparatively expensive but it is justified by the resources and quality that are provided. It also provides you with the opportunity to earn while learning.