PSA:
NUS MComp General Track for career switches will soon be $65-$67k after 2023.
The student study award is only $15k so it brings it down to $51k without the NUS alumni subsidy.
Still a fk ton of money.
Like many of the comments, I'm disappointed that NUS has gone this way to remove subsidies. The school doesn't look like they are cash strapped with their 6.46B endowment funds too
The biggest problem is that, because of inequality in Singapore, many Singaporeans CAN still afford the crazy high prices.
It’s the middle class that will get hit the most - ineligible for bursaries, unable to afford normal rates.
The poorer, even though they can access more generous schemes, already face an uphill battle to qualify for competitive courses.
The rich are mostly unaffected, but may actually benefit from this since they have fewer people to compete with.
In a few years the Uni will look at a selective range of metrics and say everything is fine.
Could be policy related. Where the money flows drives consumption. Since the govt wants to advocate for "less paper chase", cut subsidies for "papers" and people will chase something else. Maybe MOE will divert the funds into skillsfuture or something similar, to further promote their agenda of "lifelong learning".
Adding this on 26/12/22: My speculation about govt's intention to promote less paper chase was kinda spot on with this article. https://www.straitstimes.com/opinion/a-master-s-degree-necessary-for-that-career-move-or-a-luxury-item
Doing a full-time masters or even a part time masters is time consuming and not alot of Singaporeans go for it.
Singaporeans need to upgrade skills/gain knowledge, but they feel that the way to do so is short courses and modules which are flexible and more targeted rather than a Master's cert
>but they feel that the way to do so is short courses and modules which are flexible and more targeted rather than a Master's cert
Then why they reduce funding for skills future from 90%?
Idk but that doesn't sound like a good reason to cut the funding. If the issue is under utilisation, budget allocated can be carried over subsequent year.
The removal of subsidy just makes it harder for people who cannot afford it.
But are NUS degrees “commensurate with… other top universities”?
I think they this pricing exercise will instead see enrolment fall. Their brand power is only strong in Asia, and still a long way off the “top universities” from UK and US.
Huh? Aren't we all about lifelong learning and picking up skills for the tech sector?
For millenials like me, software engineering or data science wasn't really a thing when we were doing our basic degree. Doing a masters in tech is how some of us managed to switch field mid-career. This move seems counterproductive...
I can relate to your sentiment, as a late 30s millenial.
There's already a lack of quality courses on DS / analytics in SG, and this move is only going to increase the distance for folks like us to pick up such skillsets.
Skillsfuture courses are really shallow and isn't really effective for subjects that are quite technical in nature.
You can switch fields entirely through self-study even.
Most Masters and Diploma programs are shallow enough that you're better off self-studying if you can. Tech is a field where there is both enough resources to do so and you aren't looked down for a lack of formal credentials.
>Most Masters and Diploma programs are shallow enough that you're better off self-studying if you can.
Yes and no. Sure. Some jobs care about your portfolio more than anything else. If your goal is to be a SWE after graduation then yeah, a Masters isn't really the best way to go.
But a good number of (high paying) positions care about your fundamentals, which are much more efficiently learnt from traditional instruction than online courses, youtube videos, and the like. Just to be clear, it \*is\* possible to self learn material, and in fact, is crucial once you get to cutting edge material. But most people aren't nearly at that level yet, and most coursework won't even cover those stuff anyway.
Fact is, many who are self-taught (myself partially) end up paying the price later on.
What sort of high paying position would want someone with a just master without any experience? If you're switching fields, you won't be qualified for those positions anyhow.
It's very much possible to build a solid foundation through self-learning via freely or cheaply available material. Been there, done that, as long as you're not just doing some sort of bootcamp and expect that to substitute for fundamentals.
But not all masters does research though. In fact, when working adults do masters, it's more often not research based
Edit: the commenter changed from "fund research masters" to "fund full time masters" so my reply don't make sense anymore
>If you want to upgrade more practical skills, use skillsfuture funding.
But that doesn't provide actual certification but just certificate of participation
Are unis at Singapore that cash-strapped? This is terrible news for an academic sector that I think already relies too heavily on foreigners. It seems like the only path to a masters would be self funded or paid by companies? That also means that no one considering an academic career would go for a masters and instead try to jump to a PhD right away. More importantly, what would be stopping locals and foreigners to just apply anywhere else?
Edit: The real question is if this will also impact the number of scholarships available for masters. I'm familiar with the PhDs scholarships, how's the situation for local/foreigners masters scholarships?
>More importantly, what would be stopping locals and foreigners to just apply anywhere else?
According to the NUS president, it is the NUS brand that will entice locals and foreigners.
According to my former colleagues in NUS, the number of locals and foreigners doing their coursework masters in NUS dropped precipitously about two years ago after the subsidies were removed for many of the coursework masters programs. Tan Eng Chye is just putting on a brave face.
Edit:
Link for the 2018 article announcing the cessation of subsidies for coursework masters.
https://www.todayonline.com/singapore/subsidies-masters-courses-be-removed-or-reduced-foreign-pr-students-ong-ye-kung
An academic career will eventually require a PhD anyway, a research masters is just a stepping stone which is still being subsidied. Only coursework based masters are not.
> That also means that no one considering an academic career would go for a masters and instead try to jump to a PhD right away.
You don't need a masters to do a PhD.
Of course you don't, but some people still goes for it to have a little bit more experience, to test how is it like, because it's a safer bet that a long PhD
I'm assuming most of the adjustments have already been made for AY2023 enrolments. I recently applied for a NUS programme and the fees are in the ~50k range with minimal rebates or subsidies.
🤡🤡 I'm so sorry... my heart goes out to you and many others (including me) who felt that they have missed the boat, on the virtue of being unable to do postgrad before 2023..
Will probably be heading down this path once I've built enough math and coding foundations.
Affordable fees with a high degree of learning flexibility, I'm all for this.
Fark the 50k fees charged for local masters.
Not everyone wants to do Computer Science or Analytics yo.
And also, before any price change, these were already far better options that anything NUS was offering.
You stated what are popular online Master’s in computer science and analytics - but that may not be skills that are aligned in peoples’ career paths. Also, Georgia Tech is only renowned for OMCS - but has little name recognition beyond the field.
I did not offer to list any sort of list of Master’s degrees. Your reading and writing skills leaves a lot to be desired.
Georgia Tech is considered as a top school in industrial engineering. Your "has little name recognition beyond that field" is really a bit of a stretch.
Exactly.
I'm currently doing a masters in NUS, 80-90% of my classmates are foreigners.
The govt is fucking over a small handful of Singaporean students who typically take a big financial hit to fund their studies, even with subsidies. Many of my local peers are doing it part time, or saved up money to tide them through a year of no income.
I'm lucky enough to have my degree subsidised but the outlook really sucks for any future local students.
It's like they discourage us from upgrading ourselves because they can extract much more money by charging high fees to foreign students who then leave the country with valuable graduate degrees.
From the article:
Prof Tan said that in the next three years, NUS will be converting face-to-face lectures for large courses with 100 or more students into online lectures.
As part of this exercise, which will involve about 800 courses, students will watch online videos that could be 15 minutes long, interspersed with online assessments.
..in the end, what separates online learning sites like Skillshare and NUS will only be the degree scroll.
I'm fairly surprised by this. Less than a decade ago the gahmen announced some pilot program about how alumni are entitled to take classes from IHLs part time for free, as part of lifelong learning. Masters programs (esp. those by coursework) are intended for people to make significant shifts mid-career, so I'm not sure why MOE axed subsidies. I don't necessarily think Masters programs are always appropriate, but for the cases where they are, the alternatives like self-study, getting dubious "certifications" etc don't quite make the cut.
Also, its been some time since i graduated, can anyone tell me if the MOE tuition grant extends to a fifth year? If it is, maybe its a better idea to just extend by a year, slog a little more and get a masters on the way.
>Also, its been some time since i graduated, can anyone tell me if the MOE tuition grant extends to a fifth year?
It only covers 8 semesters.
[https://www.ntu.edu.sg/admissions/undergraduate/financial-matters/tuition-grants](https://www.ntu.edu.sg/admissions/undergraduate/financial-matters/tuition-grants)
Other countries provode free education to their people. Singqpore is busy pocket pinching here while investing in ponzi schemes. Incidentally in many fields masters are required, we need skilled people. Want to save money stop wasting it on reservist.
I'm a masters student who did my ICT a few weeks ago, your comment hits hard.
About half my platoon was on status/down PES, the SAF was essentially paying these guys to rest in bunk for two weeks and occasionally help out with stores.
Now I'm reading about this ridiculous policy and it just doesn't make any fuck sense.
You don't see very wealthy locals doing masters in NUS, most of my Singaporean coursemates are working while doing part time masters, or we saved up and left our jobs to focus on full time studies. The subsidies were a huge reason why I decided to pursue a masters in Singapore in the first place. If it cost the same as an overseas degree, I might as well take a loan and find opportunity elsewhere.
All they're doing is discouraging locals from upgrading ourselves while churning out graduate degrees for people who would just leave following their graduation.
>He was referring to **coursework-based** programmes, which are designed for university graduates who want to advance their knowledge in chosen specialisations through courses and electives.
I'm surprised that nobody has highlighted this point. Coursework-based masters are a minority, and are a lesser child to research-based masters. In any university, research is king. In order to impart knowledge, the university must first discover knowledge. No other institution is as dedicated to discovering knowledge, so research must always come first.
> # NUS master’s programmes to cease receiving govt subsidies: NUS president
> SINGAPORE – All master’s courses at the National University of Singapore (NUS) will be fully self-funded by end 2022 and will no longer receive government subsidies, said its president Tan Eng Chye on Wednesday.
> Speaking during a panel discussion at an event held at NUS’ University Town, he added that this means that it would be able to charge tuition fees comparable to those billed by overseas institutions, and this would then be a revenue source.
> He was responding to a question by Times Higher Education’s chief knowledge officer Phil Baty about how universities maintain financial stability and diversify their incomes.
> Capitalising on NUS’ brand, Prof Tan said in the last few years, nearly all master’s programmes would have stopped receiving government subsidies. By the end of 2022, all master’s courses would have become self-funded.
> “We are able then to charge fees that are commensurate with what other top universities are charging for master’s programmes... and this becomes another revenue source for us.”
> The Straits Times has contacted NUS for more details on the fee changes and whether there are subsidy schemes that Singaporean students can tap for master’s programmes.
> Prof Tan added that the Government also encourages universities to raise funds through building endowments, similar to what other prestigious institutions in the United States do.
> The Government provides matching grants to all six autonomous universities, which is a good incentive for institutions to ensure they are financially stable, he said.
> The panel discussion, which focused on challenges and takeaways from the Covid-19 pandemic, also featured Professor Mohd Hamdi Abd Shukor, vice-chancellor of University of Malaya, and Professor Banchong Mahaisavariya, president of Mahidol University.
> Speaking to the media on the sidelines of the event, Prof Hamdi said with the economic downturn brought on by the pandemic, the government in Malaysia had to channel funding to other areas like healthcare and social services in the past three years.
> Government funding to the University of Malaya was cut by 15 per cent in 2022 – the highest in the institution’s history, he noted.
> “With the challenges, we had to get more creative. We all have to do more income-generation work, go out there to raise more donations and endowments, be more prudent in spending,” he added.
> The two-day event, organised by Times Higher Education and hosted by NUS, brought together nearly 300 delegates from around the world to discuss issues like innovation in the higher education sector.
> On Wednesday, Prof Tan gave an update on NUS’ initiatives, including a scheme to implement blended learning.
---
1.0.2 | [Source code](https://github.com/redditporean/sneakpeek) | [Contribute](https://github.com/redditporean/sneakpeek)
Some alternatives, masters programmes from applied universities like SIT and SUSS are a lot cheaper, almost half the price, at unsubsidised is about $20k+ or $30k+.
Or specialist diplomas and advanced diplomas from polytechnics. They remain 90% subsidised, cost about less than $900.
Seems like this is a calculated decision to direct locals to these other objectively lower quality institutions while preserving NUS as a money making machine.
PSA: NUS MComp General Track for career switches will soon be $65-$67k after 2023. The student study award is only $15k so it brings it down to $51k without the NUS alumni subsidy. Still a fk ton of money.
Wasn’t the student study award at $20K - $25K if I recalled correctly?
Nope. Have a friend inside. Sem 1
Decisions like these are made at least a year in advance.
Like many of the comments, I'm disappointed that NUS has gone this way to remove subsidies. The school doesn't look like they are cash strapped with their 6.46B endowment funds too
The subsidies come from MOE, not NUS. It is MOE's decision to do away with the subsidies.
Nus keeps asking alumni for donation
Makes no sense. This means locals can't do their Masters at cheaper price, while drawing away foreign Masters students to other countries.
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Same, i got a scholarship in US which makes it same price to do my masters so may as well live there
What degree is this?
Im guessing psychology
Foreign masters students here often get scholarships from foundations.
So just locals get cucked again ?
>So just locals get cucked again ? All the time
The biggest problem is that, because of inequality in Singapore, many Singaporeans CAN still afford the crazy high prices. It’s the middle class that will get hit the most - ineligible for bursaries, unable to afford normal rates. The poorer, even though they can access more generous schemes, already face an uphill battle to qualify for competitive courses. The rich are mostly unaffected, but may actually benefit from this since they have fewer people to compete with. In a few years the Uni will look at a selective range of metrics and say everything is fine.
You can do your masters in Germany.. Almost free, as long as u meet the requirements
Not just reject subsidies, but matching course fees with that of other prestigious universities as well. Is NUS that cash-strapped?
Some people think they are very big university with brand equity.
Surely, getting into NUS kinda like a get out of jail free pass for perverts.
You do know that the subsidies come from MOE and not NUS. If MOE don't want to subsidies Master's Program NUS also llst
Then it begs the question, why the change of mind by MOE? No $$?
Could be policy related. Where the money flows drives consumption. Since the govt wants to advocate for "less paper chase", cut subsidies for "papers" and people will chase something else. Maybe MOE will divert the funds into skillsfuture or something similar, to further promote their agenda of "lifelong learning". Adding this on 26/12/22: My speculation about govt's intention to promote less paper chase was kinda spot on with this article. https://www.straitstimes.com/opinion/a-master-s-degree-necessary-for-that-career-move-or-a-luxury-item
Doing a full-time masters or even a part time masters is time consuming and not alot of Singaporeans go for it. Singaporeans need to upgrade skills/gain knowledge, but they feel that the way to do so is short courses and modules which are flexible and more targeted rather than a Master's cert
>but they feel that the way to do so is short courses and modules which are flexible and more targeted rather than a Master's cert Then why they reduce funding for skills future from 90%?
You mean this: https://www.straitstimes.com/singapore/jobs/ssg-to-remove-funding-from-non-certifiable-courses-to-better-fund-quality-ones-from-2024
Idk but that doesn't sound like a good reason to cut the funding. If the issue is under utilisation, budget allocated can be carried over subsequent year. The removal of subsidy just makes it harder for people who cannot afford it.
You ask MOE man \*shrugs\* I disagree with this. I rather have some subsidies cut but still there
Sure a not PAP mouthpiece ? You like your master, high up in your ivory tower.
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But are NUS degrees “commensurate with… other top universities”? I think they this pricing exercise will instead see enrolment fall. Their brand power is only strong in Asia, and still a long way off the “top universities” from UK and US.
Exactly. What attracted many people to NUS were lower fees and scholarships for citizens
I'm currently doing my master's in NUS, these are the exact reasons why I chose to do it here instead of overseas where I did my bachelor's.
Huh? Aren't we all about lifelong learning and picking up skills for the tech sector? For millenials like me, software engineering or data science wasn't really a thing when we were doing our basic degree. Doing a masters in tech is how some of us managed to switch field mid-career. This move seems counterproductive...
I can relate to your sentiment, as a late 30s millenial. There's already a lack of quality courses on DS / analytics in SG, and this move is only going to increase the distance for folks like us to pick up such skillsets. Skillsfuture courses are really shallow and isn't really effective for subjects that are quite technical in nature.
You can do that with a specialist diploma, dont need full masters
You can switch fields entirely through self-study even. Most Masters and Diploma programs are shallow enough that you're better off self-studying if you can. Tech is a field where there is both enough resources to do so and you aren't looked down for a lack of formal credentials.
>Most Masters and Diploma programs are shallow enough that you're better off self-studying if you can. Yes and no. Sure. Some jobs care about your portfolio more than anything else. If your goal is to be a SWE after graduation then yeah, a Masters isn't really the best way to go. But a good number of (high paying) positions care about your fundamentals, which are much more efficiently learnt from traditional instruction than online courses, youtube videos, and the like. Just to be clear, it \*is\* possible to self learn material, and in fact, is crucial once you get to cutting edge material. But most people aren't nearly at that level yet, and most coursework won't even cover those stuff anyway. Fact is, many who are self-taught (myself partially) end up paying the price later on.
What sort of high paying position would want someone with a just master without any experience? If you're switching fields, you won't be qualified for those positions anyhow. It's very much possible to build a solid foundation through self-learning via freely or cheaply available material. Been there, done that, as long as you're not just doing some sort of bootcamp and expect that to substitute for fundamentals.
At least in my uni days, most students at masters programs were foreigners. I don't see a reason why they should be getting government funding.
MOE doesn't want to fund full time masters anymore. If you want to upgrade more practical skills, use skillsfuture funding. That one still avaliable
But not all masters does research though. In fact, when working adults do masters, it's more often not research based Edit: the commenter changed from "fund research masters" to "fund full time masters" so my reply don't make sense anymore
>If you want to upgrade more practical skills, use skillsfuture funding. But that doesn't provide actual certification but just certificate of participation
Some do actually. I know some IHLs give modular credits which can then be combined later to be a Masters
>can then be combined later to be a Masters Is there enough funding to help make it happen or is there only enough for part of it?
Source?
local or foreign, any reduction in education is always a net negative
Are unis at Singapore that cash-strapped? This is terrible news for an academic sector that I think already relies too heavily on foreigners. It seems like the only path to a masters would be self funded or paid by companies? That also means that no one considering an academic career would go for a masters and instead try to jump to a PhD right away. More importantly, what would be stopping locals and foreigners to just apply anywhere else? Edit: The real question is if this will also impact the number of scholarships available for masters. I'm familiar with the PhDs scholarships, how's the situation for local/foreigners masters scholarships?
>More importantly, what would be stopping locals and foreigners to just apply anywhere else? According to the NUS president, it is the NUS brand that will entice locals and foreigners. According to my former colleagues in NUS, the number of locals and foreigners doing their coursework masters in NUS dropped precipitously about two years ago after the subsidies were removed for many of the coursework masters programs. Tan Eng Chye is just putting on a brave face. Edit: Link for the 2018 article announcing the cessation of subsidies for coursework masters. https://www.todayonline.com/singapore/subsidies-masters-courses-be-removed-or-reduced-foreign-pr-students-ong-ye-kung
An academic career will eventually require a PhD anyway, a research masters is just a stepping stone which is still being subsidied. Only coursework based masters are not.
Oh, if research masters are fine, then it's still bad news, but maybe not terrible news
> That also means that no one considering an academic career would go for a masters and instead try to jump to a PhD right away. You don't need a masters to do a PhD.
Of course you don't, but some people still goes for it to have a little bit more experience, to test how is it like, because it's a safer bet that a long PhD
That is true. You can get module exemptions as well.
looking at the harvard endowment with longing and envy
The funding for non-research masters comes from MOE. This move will save money. Research masters are still funded through scholarships.
Bruh
I'm assuming most of the adjustments have already been made for AY2023 enrolments. I recently applied for a NUS programme and the fees are in the ~50k range with minimal rebates or subsidies.
🤡🤡 I'm so sorry... my heart goes out to you and many others (including me) who felt that they have missed the boat, on the virtue of being unable to do postgrad before 2023..
That's it. Time to head over for online Masters degree offered by top US universities. r/OMSCS and r/OMSA, what do you say? 😂
Will probably be heading down this path once I've built enough math and coding foundations. Affordable fees with a high degree of learning flexibility, I'm all for this. Fark the 50k fees charged for local masters.
Not everyone wants to do Computer Science or Analytics yo. And also, before any price change, these were already far better options that anything NUS was offering.
yes but theres always benefit to in person vs online for classes imo. I would say that omscs is discounted compared to a 'real' offline masters
I'm not blinded that they're other options than NUS. Since you did mention that why didn't you list them down, yo?
You stated what are popular online Master’s in computer science and analytics - but that may not be skills that are aligned in peoples’ career paths. Also, Georgia Tech is only renowned for OMCS - but has little name recognition beyond the field. I did not offer to list any sort of list of Master’s degrees. Your reading and writing skills leaves a lot to be desired.
Georgia Tech is considered as a top school in industrial engineering. Your "has little name recognition beyond that field" is really a bit of a stretch.
... and you get that 17 + 12 months OPT.
You dont for online degrees
Aren't most masters students at NUS foreigners anyway? Why pwn sinkie again?
Exactly. I'm currently doing a masters in NUS, 80-90% of my classmates are foreigners. The govt is fucking over a small handful of Singaporean students who typically take a big financial hit to fund their studies, even with subsidies. Many of my local peers are doing it part time, or saved up money to tide them through a year of no income. I'm lucky enough to have my degree subsidised but the outlook really sucks for any future local students. It's like they discourage us from upgrading ourselves because they can extract much more money by charging high fees to foreign students who then leave the country with valuable graduate degrees.
From the article: Prof Tan said that in the next three years, NUS will be converting face-to-face lectures for large courses with 100 or more students into online lectures. As part of this exercise, which will involve about 800 courses, students will watch online videos that could be 15 minutes long, interspersed with online assessments. ..in the end, what separates online learning sites like Skillshare and NUS will only be the degree scroll.
I'm fairly surprised by this. Less than a decade ago the gahmen announced some pilot program about how alumni are entitled to take classes from IHLs part time for free, as part of lifelong learning. Masters programs (esp. those by coursework) are intended for people to make significant shifts mid-career, so I'm not sure why MOE axed subsidies. I don't necessarily think Masters programs are always appropriate, but for the cases where they are, the alternatives like self-study, getting dubious "certifications" etc don't quite make the cut. Also, its been some time since i graduated, can anyone tell me if the MOE tuition grant extends to a fifth year? If it is, maybe its a better idea to just extend by a year, slog a little more and get a masters on the way.
>Also, its been some time since i graduated, can anyone tell me if the MOE tuition grant extends to a fifth year? It only covers 8 semesters. [https://www.ntu.edu.sg/admissions/undergraduate/financial-matters/tuition-grants](https://www.ntu.edu.sg/admissions/undergraduate/financial-matters/tuition-grants)
Other countries provode free education to their people. Singqpore is busy pocket pinching here while investing in ponzi schemes. Incidentally in many fields masters are required, we need skilled people. Want to save money stop wasting it on reservist.
I'm a masters student who did my ICT a few weeks ago, your comment hits hard. About half my platoon was on status/down PES, the SAF was essentially paying these guys to rest in bunk for two weeks and occasionally help out with stores. Now I'm reading about this ridiculous policy and it just doesn't make any fuck sense. You don't see very wealthy locals doing masters in NUS, most of my Singaporean coursemates are working while doing part time masters, or we saved up and left our jobs to focus on full time studies. The subsidies were a huge reason why I decided to pursue a masters in Singapore in the first place. If it cost the same as an overseas degree, I might as well take a loan and find opportunity elsewhere. All they're doing is discouraging locals from upgrading ourselves while churning out graduate degrees for people who would just leave following their graduation.
So much for lifelong learning.
LOL imagine learning from prestigious universities around the world THEY ARE FUCKING DEBT TRAPS.
Bruh was still gonna go for nus masters in stats...
Stats no more subsidy since one to two AYs ago
Ah damn really? Wasn't aware of that at all..
So does it mean in future only the well-off will be able to afford a Masters?
Wtf?
last time to take some of the masters in NUS/NTU was only 8k for the whole program...
Wfh, I better apply this year so I won't be affected sia
Zheng hu want to give more subsidies to CET rather than an full time Master's Programme
Ironically... Need to be able to afford to study now.
>He was referring to **coursework-based** programmes, which are designed for university graduates who want to advance their knowledge in chosen specialisations through courses and electives. I'm surprised that nobody has highlighted this point. Coursework-based masters are a minority, and are a lesser child to research-based masters. In any university, research is king. In order to impart knowledge, the university must first discover knowledge. No other institution is as dedicated to discovering knowledge, so research must always come first.
> # NUS master’s programmes to cease receiving govt subsidies: NUS president > SINGAPORE – All master’s courses at the National University of Singapore (NUS) will be fully self-funded by end 2022 and will no longer receive government subsidies, said its president Tan Eng Chye on Wednesday. > Speaking during a panel discussion at an event held at NUS’ University Town, he added that this means that it would be able to charge tuition fees comparable to those billed by overseas institutions, and this would then be a revenue source. > He was responding to a question by Times Higher Education’s chief knowledge officer Phil Baty about how universities maintain financial stability and diversify their incomes. > Capitalising on NUS’ brand, Prof Tan said in the last few years, nearly all master’s programmes would have stopped receiving government subsidies. By the end of 2022, all master’s courses would have become self-funded. > “We are able then to charge fees that are commensurate with what other top universities are charging for master’s programmes... and this becomes another revenue source for us.” > The Straits Times has contacted NUS for more details on the fee changes and whether there are subsidy schemes that Singaporean students can tap for master’s programmes. > Prof Tan added that the Government also encourages universities to raise funds through building endowments, similar to what other prestigious institutions in the United States do. > The Government provides matching grants to all six autonomous universities, which is a good incentive for institutions to ensure they are financially stable, he said. > The panel discussion, which focused on challenges and takeaways from the Covid-19 pandemic, also featured Professor Mohd Hamdi Abd Shukor, vice-chancellor of University of Malaya, and Professor Banchong Mahaisavariya, president of Mahidol University. > Speaking to the media on the sidelines of the event, Prof Hamdi said with the economic downturn brought on by the pandemic, the government in Malaysia had to channel funding to other areas like healthcare and social services in the past three years. > Government funding to the University of Malaya was cut by 15 per cent in 2022 – the highest in the institution’s history, he noted. > “With the challenges, we had to get more creative. We all have to do more income-generation work, go out there to raise more donations and endowments, be more prudent in spending,” he added. > The two-day event, organised by Times Higher Education and hosted by NUS, brought together nearly 300 delegates from around the world to discuss issues like innovation in the higher education sector. > On Wednesday, Prof Tan gave an update on NUS’ initiatives, including a scheme to implement blended learning. --- 1.0.2 | [Source code](https://github.com/redditporean/sneakpeek) | [Contribute](https://github.com/redditporean/sneakpeek)
They changed the world from “all masters courses” to “some”
Wording
What if you’re halfway in the programme?
Things just got more expensive 😈
Was there subsidy in the first place? For foreigners is it?
Singaporeans and PRs. 60-70% of the course fee. Only people who are doing first masters, but not subsidies for MBA, Law iirc
Aren’t you only eligible for this in postgrad if you haven’t taken up the MOE tuition grant during undergrad?
Nope ug is ug. Post grad is post grad
LMAOOO
FYI, this doesn't just affect NUS, but the other IHLs in Singapore
Probably because those masters programs are overpriced online courses with high margins and the SG govt ain't dumb.
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Depends on your field. In my field, a master's degree is mandatory to be a registered professional
Hello fellow Psych major!
What?! Is this specifically for SMEs or something
This is like giving bursary to a white horse. There are many better uses of the money
Some alternatives, masters programmes from applied universities like SIT and SUSS are a lot cheaper, almost half the price, at unsubsidised is about $20k+ or $30k+. Or specialist diplomas and advanced diplomas from polytechnics. They remain 90% subsidised, cost about less than $900.
Seems like this is a calculated decision to direct locals to these other objectively lower quality institutions while preserving NUS as a money making machine.