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This is all the info I know of:
http://www.singaporebudget.gov.sg/speech_p4/p4.html#s1.2
4.30 We will also help Singaporeans who take the initiative to upgrade themselves, by extending subsidies beyond vocational CET. Currently we do not subsidise part time degree programmes. We will now provide subsidies for part-time degree programs at the three publicly-funded universities and UniSIM for those who have not previously benefited from a government-subsidised undergraduate education. Singapore citizens will be able to pay subsidised fees, with the Government meeting 40% of the cost of these programmes.
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Based on the above speech extract, I think
1) only Singaporeans qualify
2) you must not have had govt-subsidised undergrad education b4
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