Singapore offers an array of bursaries to support students pursuing higher education. These financial aids aim to alleviate financial burdens and promote accessibility to quality education.
What Are Bursaries?
Bursaries are financial grants awarded to students based on merit, financial need, or specific criteria set by the awarding organizations. Unlike loans, bursaries do not require repayment.
Number of Bursaries in Singapore
There are over 150 bursaries available in Singapore for students pursuing higher education. These bursaries are offered by various entities, including government agencies, universities, and private organizations.
Eligibility Criteria
Eligibility criteria for bursaries vary depending on the awarding organization. Common criteria include:
- Academic merit
- Financial need
- Field of study
- Citizenship or residency status
- Character and leadership qualities
Application Process
Applications for bursaries typically open in the third quarter of the academic year. Students can apply directly to the awarding organizations or through their educational institutions.
List of Bursaries
The following table lists some of the major bursaries available in Singapore:
| Bursary | Awarding Organization | Amount |
|---|---|---|
| Bursary for Students from Low-Income Families | Ministry of Education | Up to S$2,500 per year |
| President’s Scholarship | Public Service Commission | S$6,500 per month |
| Lee Kong Chian Scholarships | Singapore University of Technology and Design | S$10,000 per year |
| Nanyang Technological University Scholarship (NTUS) | Nanyang Technological University | S$10,000 per year |
| SMU-TCS-NUS-SIT Joint Scholarship | Singapore Management University, Tata Consultancy Services, Nanyang Technological University, Singapore Institute of Technology | S$15,000 per year |
Benefits of Bursaries
Bursaries provide several benefits to students, including:
- Reduced financial burden
- Increased access to higher education
- Recognition for academic achievements
- Motivation to excel in studies
Conclusion
Singapore’s extensive bursary system plays a vital role in supporting students’ higher education aspirations. With over 150 bursaries available, students have access to various financial aid options based on their specific needs and circumstances. By leveraging these bursaries, students can pursue their educational goals without undue financial constraints.
