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Finances Required
Living Cost of is 12000.00 SGD
Financial Documentation List (Singapore)
Financial Documents
Security Deposit
Upon approval of the student pass application(ie: Application to a University/College/school), an In-Principle Approval(IPA) letter will be issued to the applicant. The security deposit, if required, would be indicated in the IPA letter to the applicant.
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Exemption from the security deposit requirement may be granted to:
- Malaysians / Brunei nationals
- Holders of valid Dependent's Pass, long term social visit pass and work pass
- Children of Singapore Citizens / Permanent Residents
- Foreign students who study in kindergartens registered with Ministry of Education / Childcare centres licensed by MCYS
- Foreign students who attend a full-time course at an approved private education organization that is awarded Singapore Quality Class for Private Education Organisation, or SQC(PEO), by SPRING, Singapore
- Foreign students who pursue a full-time university degree (Graduate / Post-Graduate) programme at an approved private education organization.
- Below 16 years old at the point of application
It is always advisable to show first years expenses ie: Study cost plus living expenses , in your bank account as liquid cash, Bank loan for the same period for a smooth visa process.