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SAA - NTUC Scholarship

SAA collaborate with NTUC with the objective of offering NTUC union members to upgrade themselves through programmes/courses sponsored by institutions.

Eligibility Criteria

NEW ACCA or CAT Student Member
Open to all NTUC affiliated unions' members who have at least 6 months' of paid-up NTUC Membership
Applicants must fulfill the minimum qualification requirement set by ACCA, ie. cannot be a MSER student
Applicant’s combined monthly household income must be less than $3,000
Outstanding academic results
Good leadership and communications skills
Good Character records

Tenure and Value of the Scholarship Award

Association of Chartered Certified Accountants (ACCA)

The Scholarship covers tuition fees of ACCA and textbooks, revision kits and lecture materials 

Fundamentals Level : Knowledge Module   $1,320 ($440 x 3 subjects)
Fundamentals Level: Skills Module   $3,060 ($510 x 6 subjects)
Professional Level  :  Essentials   $1,740 ($580 x 3 subjects)
Professional Level  :  Options $1,160 ($580 x 2 subjects)
  $7, 280

The Scholarship is tenable for the duration of the scholars’ studies (up to three years), subject to outstanding academic performance.

Certified Accounting Technician (CAT)

Introductory Level $    620 ($310 x 2 subjects)
Intermediate Level  $    760 ($380 x 2 subjects)
Advanced Level $2, 250 ($450 x 5 subjects)
  $3, 630

The Scholarship is tenable for the duration of the scholars’ studies (up to one and a half years), subject to outstanding academic performance.

No bond is required under the terms of this Scholarship

Terms and Conditions of the Scholarship

Does not include ACCA revision classes
Does not include any student membership payment to ICPAS and ACCA (UK), CAT(S) Ltd. (e.g. initial student membership registration fees, annual student membership subscription fees, exemption fees, examination fees, etc)
Does not cover the course fees, course materials, textbooks and revision kits for any paper(s) re-enrolled should the student fail the examination.
Is non-transferable
Does not allow for deferment of classes.
Must pursue their studies leading to the ACCA or CAT qualification with SAA and are required to attend at least 95% of the course lectures. In event of illness or other unforeseen circumstances resulting in attendance of less than 95%, a medical certificate or an authorized letter specifying the reason will be required confirming the absence from class
Must complete the course within 3 years (ACCA) and 1.5 years (CAT)

Must act as the SAA Ambassador
- Present as marketing activities as required
- Write testimonials
- Appear in SAA promotions and advertisements

Adhere to all SAA and NTUC regulations and requirements
Union members must maintain their NTUC union membership status throughout the duration of the course or the scholarship will be immediately revoked
SAA shall review the recipient’s performance at the end of each intake before the scholarship is renewed.
- ACCA scholar should pass at least 2 out of 3 papers half-yearly. Score at least 60 marks and above in all papers
- CAT scholar should score at least 80 marks for Introductory Level, 70marks for Intermediate Level and 60 marks for Advanced Level
SAA and NTUC reserves the right to withdraw or suspend the scholarship at any time if, in its opinion, the recipient’s conduct or performance has not been satisfactory.
SAA and NTUC reserve the right to amend the terms and conditions for awarding the bursary at their sole discretion
The scholarship selection committee's decision will be final and no correspondence will be entertained. All successful applicants shall be informed by SAA by end May

Additional Fees Not Inclusive in the Scholarship

Association of Chartered Certified Accountants (ACCA)

Assume that student completes the program within 3 years and pass every paper in one attempt

Student Registration

ACCA (UK) Admin Fee    £ 64 
ICPAS Admin Fee  S$130  

Annual Fees

ACCA (UK) Admin Fee    £192 
CPAS Admin Fee (3 years)  S$270  

Exemption & Exam Fees

Knowledge Module        
(3 subjects)     
£141
Skills Module                
(6 subjects)
£330
Essentials Module & Options Module
(5 subjects)   
£315
Total Fees S$400 + £1042      = est.  S$3,530


Certified Accounting Technician (CAT)

Assume that student completes the program within 1 1/2 years and pass every paper in one attempt

Application Fee  S$280
SPS S$79

Student Registration

ACCA (UK) Admin Fee    £ 56
ICPAS Admin Fee  S$100  

Annual Fees

ACCA (UK) Admin Fee    £112
ICPAS Admin Fee (2 years)  S$130  

Exemption & Exam Fees

Introductory Level (2 subjects)  £70
Intermediate Level (2 subjects)    £70
Advanced Level (5 subjects)  £200
Total Fees S$230 + £508      = est.  S$1,760

How to Apply

Application forms can be downloaded here or obtained from the NTUC Customer Service Centre located at basement 1 of NTUC Centre.

All applications must reach NTUC Membership Department by 25 April 2008. Please submit to:
Membership Department
NTUC Centre
No. 1 Marina Boulevard,
#11-01, One Marina Boulevard,
Singapore 018989

Tel: 6213 8008, Fax: 6213 8099, E-mail: membership@ntuc.org.sg

For NTUC website, please click here

To know more course details, please visit www.saa.org.sg

Contact person:
NTUC Centre
Membership Department
DID : 62138008
Fax : 62138099
E-mail: membership@ntuc.org.sg

SAA
Ms. Choo Lihong
Tel No: 67449700 ext. 124
Email: lihong@saa.org.sg

Application Period is:

Intake Application Exercise Period

For January Intake

First Monday of September of previous year until last Friday of October of previous year

For July Intake

First Monday of March until last Friday of April

 

 
 
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