Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS)

Enquiry
2152 9000

Overview

The Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS) provides means-tested financial assistance in the form of grant and/or loan to eligible full-time students taking up an exclusively publicly-funded student place of a recognised post-secondary programme.

Statistics

Academic Year 2024/2025 2025/2026 2026/2027
(as at 31 August 2026)
Student population 95 880 96 719 96 821
No. of applications
- received 17 759 16 024 9 812
- with results issued 17 759 16 024 4 592
No. of applicants
- with assistance paid 13 742 12 544 4 073
- with grant paid 13 742 12 544 4 073
- with loan offered 13 648 12 446 4 076
- with loan paid 3 018 2 803 433
Average amount paid^
- assistance $57,909 $60,485 $29,983
- grant $47,037 $49,215 $27,100
- loan $49,504 $50,434 $27,116
Total amount of
- grant paid^ (million) $646.39 $617.35 $110.38
- loan offered (million) $690.22 $640.62 $220.43
- loan paid^ (million) $149.40 $141.37 $11.74
Note:
^

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 the 2026/27 application cycle ends.