What is Raffles Institution School Fees Criteria?

Raffles institution is one of the top-notch educational institutions founded in 1823. An institution that experienced in seeing many batches of its students graduate, has gone through its own Ups and Downs and with every year, the institution has evolved in different ways becoming better and better to suit the educational needs of students and the changing corporate landscape.

Source: flickriver.com
RI was among the first schools to receive the Ministry of Education's School Excellence Award. It is a member of various academic partnerships and alliances and is notable for having produced many important members of the parliament such as 7 out of 20 members of the current Cabinet, 6 Ministers of State and a considerable number of CEOs of government-linked statutory boards and agencies. 

Parents’ concern

Every parent would be concerned about how much they might have to spend on education for their children as well as meeting other basic needs. Parents would like to have a rough idea as to much they might need to pay the institution for their child’s education in order to plan and jot down their salary and expenditure.

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Such planning in a household is important and hence educational institutions often have information on their website about how much school fees they do charge and according to that parents can manage themselves. 

So, here is a quick outlook at the raffles institution school fees 2019 structure...

Year 1-4

Singaporeans : S$335 per month
Permanent Residents: S$745 per month
International Students (ASEAN): S$1565 per month
International Students (non-ASEAN): S$2285 per month

Year 5-6

Singaporeans: S$335 per month
Permanent Residents: S$790 per month
International Students (ASEAN): S$1610 per month
International Students (non-ASEAN): S$2330 per month

The above is a rough guideline of raffles institution school fees structure however this can be subjected to changes based on the institution's needs and certain circumstances; however, the changes may not be as drastic. The accepted payment methods are,

Annual payment in advance (via GIRO, or by Cash or Cheque)

Monthly payment (via GIRO, or by Cash or Cheque)

The GIRO form can be downloaded in pdf form and filled in to proceed with payment.

Beyond all this, there are financial assistance schemes to support parents as their salary may not be enough to comfortably spend for their child’s education. The subsidies may extend up till covering the school fees, supplementary fees, enrichment activities expenses as well as living expenses. Amount of support solely depends on household's gross income.

Raffles institution also provides scholarship for students and its offered to students of various financial backgrounds.

Source: bweducation.businessworld.in

This scholarship is awarded in addition to the MOE ISB. Students who are receiving the Independent School Bursary and whose family’s Monthly Gross Household Income do not exceed $6,900 (GHI) will be eligible for the scholarship. Students can proceed with this application once ISB application has gotten though.

BOTTOM LINE

It is important for parents as well as students to have a clear idea as to how much has to be spent for the education and one needs to informed about the scholarships being offered. For further information, visiting the institution's official website will be great, or visiting the institution itself in person would also be a good option. Also, if you are seeking the best tuition agency in Singapore then you should visit the official website of a champion tutor.
Location: Singapore

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