Notes for Potential Donors

Notes for Potential Donors

Thank you for your interest shown in sponsoring and helping the students in Singapore Polytechnic (SP) who may have challenges or face financial difficulties in completing their Polytechnic education journey.

Gift of Education

Over the last few years, the tuition fee for polytechnic education has been increasing. The annual tuition fees for students in 2020 are $2,900 for Singaporeans, $6,000 for Permanent Residents and $10,800 for foreign students. Without financial aid, many of these students struggle to afford an education in the Polytechnic.

The SPGG EF was created in collaboration with our alma mater, Singapore Polytechnic, to provide financial assistance to SP students who may otherwise fall through the cracks of official assistance and bursary schemes.

Given the above, we hope organizations and individuals like you can extend your support to our students by donating towards bursary awards. The awards can be disbursed in accordance to the criteria you stipulate.

As a guide and where possible, the value of each award could be $2000 so that this amount could cover a large portion of the year’s tuition fees for the student. Your sponsorship will make a difference in the lives of our students and their families.

Tax Exemption

All donations to Singapore Polytechnic (SP) from 1 Jan 2016 will qualify for Tax deduction of 2.5 times the donation amount. The donor needs only to provide us with his NRIC (if it’s an individual donor) or the Unique Entity Number (for donations under companies’ name); SP will claim the tax deduction from IRAS on behalf of the donor.

You Will Get to Meet the Beneficiary

SPGG will organise a Get-Together for all Benefactors & Beneficiaries so that you will get to meet the beneficiary and learn how your gift has made a difference to their SP education and learning journey.

Your Gift will be match 1.5 times by the government

All donations will be matched 1.5 times by the government. For example, a gift of $20,000 will be matched 1.5 times ($30,000) by the government so that additional bursaries will be awarded to a needy SP Student.