Around 3,300 needy undergraduates are set to benefit from increased NUS financial aid
SINGAPORE – All Singaporean undergraduate students enrolled full-time at the National University of Singapore (NUS) will not have to pay tuition fees if they come from households with a per capita income of less than $1,000 .
From the new academic year in August 2022, NUS will supplement existing government scholarships to fully fund the tuition fees of these students.
This is part of the institution’s expansion of financial support for students from less well-off families, she said in a statement on Tuesday (February 8).
NUS sets aside additional funding of $15 million per year for this latest support enhancement, which is expected to benefit around 3,300 students.
They will receive additional financial assistance of $2,300 to $7,000 per year, depending on their household income.
The increased support is in addition to existing financial aid, and new and existing full-time undergraduate students who meet the criteria are eligible.
Full-time Singaporean NUS undergraduate students from households with a per capita income not exceeding $690 will also receive financial support in a number of ways.
They will each receive $4,000 per year in bursaries to cover living expenses.
They can also each receive $10,000 over four years through a new Opportunity Enhancement Scholarship, if they want to stay on campus and pursue exposure programs abroad.
Currently, approximately 16,000 undergraduate NUS students in need receive some form of financial aid each year. This represents approximately 55% of the university’s undergraduate enrollment.
In Tuesday’s statement, NUS President Tan Eng Chye said, “We are committed to providing a transformative educational experience for every NUS student, regardless of their financial circumstances.
“While students from low-income backgrounds may already receive financial aid from a variety of sources, the funding they receive may not cover all of their university costs. Some students may also be reluctant to study abroad as well as to residential programs due to financial constraints.”
The latest improvements in support will close the financial gap for students who need it most, Professor Tan said.