Financial Assistance Scheme for Post-secondary Students (FASP)

Enquiry
2152 9000

Overview

The Financial Assistance Scheme for Post-secondary Students (FASP) provides means-tested financial assistance in form of grant and/or loan to eligible full-time students pursuing locally-accredited, self-financing post-secondary education programmes at the level of associate degree, higher diploma or bachelor’s degree.

Statistics

Academic Year 2024/2025 2025/20262026/2027
(as at 31.8.2026)
Student Population
- Sub-degree students 33 867 36 17538 500
- Degree/Top-up degree students 37 847 43 02043 500
Total 71 714 79 19582 000
No. of applications
- received 15 034 15 18910 010
- with results issued 15 034 15 1893 815
No. of applicants
- with assistance paid 10 937 10 9343 129
- with grant paid 10 937 10 9343 129
- with loan offered 10 645 10 7113 286
- with loan paid 2 356 2 361201
Average amount paid^
- assistance $70,342$72,501 $34,717
- grant $59,388$61,300 $32,991
- loan $50,852$51,871 $26,864
Total amount of
- grant paid^ (million) $649.53$670.26 $103.23
- loan offered (million) $547.20$561.65 $181.32
- loan paid^ (million) $119.81$122.47 $5.40
Remarks:
^Approved grant and/or loan will be paid in one or more than one instalment(s). The amount of assistance paid in 2026/27 shown in the table above does not reflect the full amount of assistance paid in the year until 2026/27 application cycle ends.