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Students from lower-income families attending independent or specialised independent schools will receive more support to cover out-of-pocket expenses.
Graduate salaries also increased across the board, with starting pays of graduates from eight clusters seeing increases.
When then Minister of Education Lawrence Wong announced in Parliament in March last year that a university of the arts would be formed from an alliance of two arts colleges, the Nanyang Academy of Fine Arts (Nafa) and the Lasalle College of Arts, the Government took a leap of faith to stake a place for Singaporeans in a rapidly evolving future economy and society.