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Postgraduate Fees and Funding

Find out how much your postgraduate studies cost and how to get financial support.

Explore our postgraduate fees and funding. Here you can find information about the: 

  • Industrial Postgraduate Programme
  • 10% tuition fee discount
  • Fee Protection Scheme
  • Refunds
  • 2023 and 2024 GST increase

NewRIIS Fees and Funding - Academic Year 2024-2025

NewRIIS Fees and Funding - Academic Year 2023-2024

Industrial Postgraduate Programme

The Industrial Postgraduate Programme (IPP) is an initiative by the Singapore Economic Development Board (EDB).

It's an opportunity for postgraduate students to work on R&D projects with companies across Singapore.

10% tuition fee discount

NewRIIS offers a 10% reduction in postgraduate tuition fees to:

  • members of the British Chamber of Commerce Singapore (BritCham)
  • employees of Nanyang Polytechnic
  • employees of Ngee Ann Polytechnic
  • employees of the Singapore Institute of Technology (SIT)

Fee Protection Scheme

What is the Fee Protection Scheme?

In compliance with the requirements of the Committee for Private Education (CPE), Newcastle Research & Innovation Institute (NewRIIS) is required to purchase insurance on behalf of its students to protect unconsumed course fees paid by the student.

The Fee Protection Scheme (FPS) is a mandatory requirement and applies to all students who are taking courses with NewRIIS, with course duration of more than 1 month or 50 hours.

Fee protection service provider

NewRIIS has appointed Lonpac Insurance Bhd as the fee insurance provider for all our students. Lonpac Insurance is a CPE-approved service provider.

Lonpac Insurance Bhd
100 Beach Road
#19-00 Shaw Tower
Singapore 189702

NewRIIS Fee Protection Scheme Certificate (PDF: 248 KB)

Protected fees

All course fees as stated in Schedule B of the Standard PEI-Student Contract of NewRIIS are insured. It refers to the tuition fees that are paid by the student to be enrolled in NewRIIS.

The insurance coverage shall commence from the fee payment date till the next payment due date or the course end date, whichever is earlier.

It doesn’t cover the:

  • course application fee
  • miscellaneous fees (ad-hoc, non-compulsory and non-standard fees paid only when necessary or where applicable)
  • goods and services tax (GST)

Students who seek deferment or transfer resulting in an extension of the course duration will be protected for the applicable extended period.

Certificate of Insurance

With effect from 1st March 2024, tuition fees paid would be protected under the FPS Group Insurance by Lonpac Insurance Bhd. Under the group insurance scheme, Lonpac Insurance Bhd issued the Certificate of Insurance to NewRIIS with an annual determined insurable amount can be collected by NewRIIS during the period of indemnity.

For students who were enrolled before 1st March 2024, NewRIIS had purchased FPS Indivdiual Insurance to protect the full course fee till the course completion date stated in the contract. Students received indivdual Certificate of Insurance under Lonpac Insurance Bhd. 

Protection provided

The FPS Insurance offers insured students protection against the following events:

  1. Loss of unconsumed course fees of the insured student paid to NewRIIS if NewRIIS is unable to continue operations due to insolvency and/or regulatory closure.
  2. If NewRIIS fails to pay penalties or to return fees to students arising from judgements made against it by the Singapore Courts.
  3. S$10,000/- benefit payable to the student covering the insured student’s accidental death or permanent disability by accident.

How to make the FPS insurance claim?

Submit the following documents to the insurance provider with your claims:

  • proof of identity
  • certificate of insurance
  • proof of fees paid (original fee receipt)
  • valid student contract


Refund policy

Details about our refund policies are included in your student contract. It has information about: 

  • refund for withdrawal due to non-delivery of course
  • refund for withdrawal due to other reasons
  • refund during the cooling-off period

Download a sample student contract (DOCX: 33KB)

Refund procedure

  1. If you want to withdraw or defer, you'll need to follow Newcastle University's Student Progress service policies and procedures.
  2. You'll be notified by email about the status of your refund and the amount, if any.
  3. All refunds will be processed within seven working days of making the request.

GST increase

In the Budget 2022, the Singapore Minister for Finance announced an increase in the goods and services tax (GST).

The GST increased from 7% to:

  • 8% GST from 1 January 2023
  • 9% GST from 1 January 2024

What this means

By law, our fees must include the GST rate. NewRIIS invoices and fees have increased to include the new GST rates.

The below GST rates are included in student contacts, invoices and payments issued in:

  • 2023: 8% GST
  • 2024: 9% GST

Calculate the GST-inclusive fee

Student contract issued in 2022 or earlier

Fees inclusive of 7% GST rate.

Fees payable from 1 January 2023: (Student contract fee / 1.07) x 1.08

Fees payable from 1 January 2024: (Student contract fee / 1.07) x 1.09

Student contract issued in 2023

Fees inclusive of 8% GST rate.

Fees payable from 1 January 2023: No re-calculation required

Fees payable from 1 January 2024: (Student contract fee / 1.08) x 1.09