Financial Information

Financial Assistance

Financial Assistance / Awards

No Singaporean student will be denied a place in Hwa Chong Institution because of financial reasons. A range of financial assistance schemes, scholarships and awards are available to support our students.

(A)   Awards and scholarships offered by MOE:

1.       MOE Edusave Scholarships for Students of Independent Schools (ESIS)

From Year 2018, Edusave Scholarships for Independent Schools (ESIS) will replace the following scholarships currently available to students of an Independent School (IS):


2.        MOE Edusave Awards


3.        MOE Special Programme Scholarships

(B)  Financial Assistance Schemes:

1.        Independent Schools Bursary Scheme (ISB)
          - For Singaporean Citizens only (details please refer to ISB Section)

2.       School Meals Programme Fund
          - For 100% ISB students ($2.50 per meal x 7 days per week, excluding School holiday and public holiday)

3.       Hwa Chong Institution Needy Pupils Fund
          - For all students

4.       Opportunity Fund (OF) / MOE Discretionary School-Based FAS
          - For Singapore Citizen, to fund overseas study trips, enrichment programme

Students who require financial assistance at any point of time can approach either their Form teachers or Education Consultant of their Consortium for advice on the application for the above.

5.       Trip for Internationalization Experience (TIE)
          - For Singapore Citizens, provides subsidy for overseas learning journeys to Asia with a focus on ASEAN countries, school immersion programmes and student exchange programmes with a cultural focus. TIE fund needs no application and is granted to all Singaporean students who are going on eligible overseas trips.

(C)  Other Bursary and Scholarship schemes:

  1. Singapore Buddhist Lodge Bursary
  2. CDAC-SFCCA Bursary
  3. IDA’s NEU PC Plus Programme
  4. The Straits Times School Pocket Money Fund
  5. Koh Brothers Scholarship
  6. Koh Choon Joo Scholarship、
  7. Tan Sri Dr Tan Chin Tuan Scholarship
  8. Irene Tan Liang Kheng Scholarship (from Yr 2020)
  9. Hwa Chong Institution Motivation Award
  10. Popular Bookshop Text Books Vouchers
  11. Singapore Buddhist Youth Mission Bursary Award

Students and parents will be notified of application times on IEMB, ISP and other communication channels used by the School.

(D)  HCI Awards (through nomination by school):

  1. Annie Tan (Mrs Wan Boo Sow) Bilingual Award
  2. Trilingual Award
  3. Hwang Fu Award
  4. Chew Hean Swee Award
  5. Xue Yong Shu Model Student Award
  6. Zheng An Lun Model Student Award
  7. Tooh Fee San All-Round Excellence Award
  8. Ho Rih Hwa Sports Excellence Award
  9. Leong Heng Keng Venture Scouts Award
  10. Leong Heng Keng Boy Scouts Award
  11. Lee Tai Hui Boy Scouts Award
  12. Lee Tai Huo Venture Scouts Award
  13. Top Students Award
  14. HCI EAGLE Award
  15. HCI ECHA Award

Independent Schools Bursary Scheme

Independent Schools Bursary Scheme
Eligibility Criteria And Benefits

Eligibility Criteria

Student is a Singapore Citizen, and meets one of the income criteria shown in the table below.

Tenure of Bursary

All IS Bursary cases approved will be valid till Dec of the year. Fresh applications will have to be submitted for each academic year.

Effective Month

Student can apply any time of the year. The effective month will be the month the application is approved. There will be no backdating of effective month.

Income Criteria and Benefits

The income limits and benefits are as shown in the tables below:

Income Limits
(Meet one of the following criteria)



Monthly Gross Household Income (GHI)

Monthly Gross Per Capita Income (PCI)


Not exceeding $2,750

Not exceeding $690

  • 100% school fees subsidy

  • Free textbooks and school attire (secondary); $900 bursary (JC)

  • Transport subsidy:  $10 monthly transport allowance (to be paid quarterly on end Apr, Jun, Sep and Dec)

  • UPLIFT Scholarship^ of $800 cash award per annum for students admitted via DSA and/or ESIS recipients


$2,751 - $4,000

$691 - $1,000

  Jan-Mar: 90% school fees subsidy *
  Apr-Dec: school fee at $25.00/mth for Sec level and $33.00/mth for JC level *


$4,001 - $6,900

$1,001 - $1,725

  Jan-Mar: 70% school fees subsidy *
  Apr-Dec: school fee at $37.50/mth for Sec level and $49.50/mth for JC level *


$6,901 - $9,000

$1,726 - $2,250

  33% school fees subsidy *

* ISB recipients who are receiving MOE scholarships are to refer to “School Fees Structure” for school fee payable per month.

^ No separate application is required; please refer to MOE’s website  for more details.

Students need only satisfy either the monthly Gross Household Income (GHI) or the PCI criterion to qualify for ISB.

Monthly Per Capita Income (PCI)

PCI = Monthly GHI / No of members in household

Gross Household income (GHI)

a. Gross household income is income including regular allowances before deducting CPF contribution. It is the total income earned by ALL members of the household. It includes alimony (maintenance allowance) received by a divorced parent; pension received by a household member who is a pensioner; regular overtime allowance, meal and transport allowance, etc  and income from other sources such as rental or investment income. It excludes bonuses, ad hoc overtime allowance, full- time National Service allowance received by NS men, severance compensation and insurance payouts, etc.

b. If an income earner is on no-pay leave as at the date of application for the ISB, and the total period of his or her no-pay leave is 6 months or less, his or her last drawn income will be included when calculating a family’s GHI.

c. For students who are staying with one or more legal guardians, the income of all the legal guardians who are staying in the same household will be taken into account when calculating the GHI for the student’s family.

Household Members

Household members include the student, his/her parents, grandparents and unmarried siblings living at the same address. Other dependents living in the same household may be included on a case-by-case basis. These include:

(i)  Relatives who are old or sick and are unemployed and dependent on the family; and

(ii) Child dependents (where the family is the legal guardian).

Click to download the ISB Application Form here

Completed ISB Application Form, together with supporting document as listed in Annex I are to be submitted to High School or College Reception Office.


Fee Structure

       School Fees Structure

School fee rates


Year 2019 Monthly School Fees

Sec 1 to Sec 2

Sec 3 to Sec 4

JC1 to JC 2

Singapore Citizen




Singapore Permanent Resident




International Student (ASEAN)




International Student (Other Countries)





Year 2020 Monthly School Fees

 Sec 1 to Sec 2      

 Sec 3 to Sec 4      

 JC1 to JC 2       

Singapore Citizen

$300 $350 $350

Singapore Permanent Resident

$680 $730 $810

International Student (ASEAN)

$1,080 $1,140 $1,400

International Student (Other Countries)

$1,700 $1,750 $2,100

1)  School fee will be adjusted accordingly for pupils under Scholarships or Special Programmes.
2)  School fee is subject to review and revision by the school.

School fees payable by Singaporean students on MOE Scholarship
Please note that the annual award quantum cap of $2,400 for all MOE scholarships will apply to all students.

The Edusave or any other MOE Scholarships will cover the school fees of $200 per month and the student needs to pay the balance of the monthly school fees to HCI unless the student is also a recipient of MOE Independent School Bursary (ISB).

MOE Independent School Bursary (ISB)

The school fees will be fully paid by MOE for 100% ISB recipient.

For scholarship award holders who are receiving other quantum of ISB subsidy, school fees payable by scholars are:

Jan to Mar 2019 school fees


33% ISB recipient

70% and 90% ISB recipient

Sec 1 and Sec 2



Sec 3 and Sec 4



JC1 and JC2




Apr to Dec 2019 school fees (revision of ISB scheme by MOE)


33% (Tier 4) ISB recipient

70% and 90% (Tier 3 and 2) ISB recipient

  Sec 1 and Sec 2



  Sec 3 and Sec 4



  JC1 and JC2




Please click here for more details on ISB scheme and quantum of school fees subsidy applicable to students who are not under any scholarship.

New ISB application is required for each calendar year. Students (Singapore Citizen only) who wish to apply for 2019 ISB subsidy can submit new application form to the High School Section Reception by Feb 19 for subsidy to take effect from Jan 19. Students can still apply for ISB thereafter but the effective month will be the month the application is approved.  No backdating is allowed.

School fees payment
School fees will be deducted through Interbank Giro on 15th of each month; or the next working day if the 15th day of the month falls on a weekend or Public Holiday, unless otherwise advised.

Interbank Giro Application Form

It is compulsory for all students to take part in the Inter-bank Giro scheme. Parents / guardians are to submit the Direct Debit Authorization application form for the scheme upon admission of their child/ward to HCI.

The application form is available here for download.


Student Insurance Matters

All students are automatically covered under the school’s Students’ Accident Protection (PA) Insurance Scheme and Group Overseas Travel Insurance Plan.

The policies offer basic coverage to help defray partially the costs incurred by the students due to accidents and claimable events in the case of overseas travel insurance.

While students need not pay for PA policy; the premium for Travel Insurance is chargeable on a per trip basis and included in the overseas trip cost.

(I) Students’ Accident Protection Scheme


Lonpac Insurance Bhd

Insurance Broker

AB Lim Pte Ltd


24 hours coverage for all school activities and/or CCAs both in and out of school.

Claim Procedure



  1. Report to AB Lim (via online reporting at, email, fax or phone) within 31 days from date of accident.
  1. Details on the insurance coverage; claim procedure and AB Lim’s contacts can be found together with the Claim form, downloadable here  or from AB Lim’s website (
  1. Completed form and supporting documents are to be submitted directly to AB Lim Pte Ltd via Registered Post. There is no need for school to endorse on the form.   

Click here for the brochure. Note that the summary serves to provide an outline of the coverage only and is not a policy document. The terms and conditions of the Insurer's policy document shall prevail at all times

Any claim related query should be directed to AB Lim (Mr Philip Leow or Ms Stella Teo at 62722277).

For clarification on the claim procedure, please contact Mdm Kay Lai Fong (College) or Mdm Jericia See (High School) at Kong Chian Admin Centre, Level 2 – Finance Department.


(II) Group Overseas Travel Insurance


Zurich Insurance Co Ltd

Insurance Broker

Mercer - Marsh


24 hours coverage for all overseas school trips

Claim Procedure


  1. Download claim form here
  1. Completed form and supporting documents (please refer to Checklist) are to be submitted to HCI Finance Department at Kong Chian Admin Centre,Level 2 (Attention: Mdm Jericia See for medical claim or Ms Chu Chew Ling for other travel claims) within 31 days from date of event.

Click here for Travel Insurance Benefit Summary. Note that this summary serves to provide an outline of the coverage only and is not a policy document. The terms and conditions of the Insurer's policy document shall prevail at all times.