1 in 3 university students in NTU financially struggling?

Just recently, a friend of mine received a letter from the Nanyang Technological University (NTU) as an alumnus of the university, asking for donations to provide for students in need of financial assistance.
The NTU letter writes, “Each year, 1 in 3 students struggle to continue studying at the University. Without community support, they are more at risk of failing to earn a degree.”
The letter also noted that NTU provided close to 1,400 students with financial assistance in the Academic Year 2021/2022.

According to NTU’s annual report, there were 24,871 undergraduates in AY21/22.
Suppose we were to assume 25 per cent of the undergraduates are foreigners, based on the statistics of Times Higher Education. Does it mean that there were around 6,217 Singaporean students in financial difficulties?
And can we assume that only 1,400 out of these 6,217 students, managed to qualify and obtain financial assistance from NTU?
From 1987 to 2020, the Government expenditure on university students increased from S$11,993 to S$21,538. This would represent an increase of 1.8 per cent per annum.
However, given that inflation has been 1.6 per cent from 1987 to 2020 based on the Consumer Price Index (CPI), the real increase would be a mere 0.2 per cent per annum.
At the same time, we can see an increase of about 5.7 per cent in the tuition fee for Dentistry at the National University of Singapore from S$1,200 in 1987 to $30,200 in AY2022/2023 over 35 years.
What is the total cost to taxpayers in funding the tuition grants, scholarships, course fees subsidies, etc, of having arguably, so many non-Singaporean students in all the public educational institutions in Singapore?







