Education

Furthering Your Studies and Need Cash? Here Are 4 Singapore Bursaries That Can Help

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Peter Lin

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Poverty in Singapore is like a mole on your face. You can pretend it’s not there all you want, you’re your denial won’t stop other people from noticing it. Just ask Austin Powers. Just like there are surgeries to remove a facial mole, there are some proposed solutions to poverty, but they all involve money – money that not everyone can afford or is willing to spend. Thankfully, the less fortunate in Singapore can benefit from several education bursaries from companies and organisations that are available.

Education, whether in Singapore or overseas, is not cheap, but as far as investments go, it’s arguably one with the greatest returns. Even though a basic degree seems ridiculously common in this day and age, the truth is that doors are still opening for graduates with a degree that aren’t accessible by those without one.

Unlike scholarships, which usually are awarded based on academic results alone, bursaries are often awarded based primarily on the students’ family income, and then on their results. Here are 4 tertiary education bursaries in Singapore that you may not be aware of.

 

1. Howe Yoon Chong PSA Scholarships

Despite the name, this scholarship is bond-free, so you aren’t obliged to work for PSA if you apply and get it. However, recipients are expected to follow the example of the late Mr Howe Yoon Chong, the former Chairman of PSA, and contribute back to society after graduation.

Which education institutes and courses of study are eligible: Students entering local universities including SIM and Singapore Institute of Technology, the various polytechnics and ITEs are all eligible. There are no restrictions on the course of study, as long as it is a course supported by the MOE tuition grant subsidy.

How much will you get: Although exact amounts are not specified, the scholarship will pay for tuition fees and other compulsory fees, an annual living allowance and an annual book allowance.

Who is eligible to apply: Applicants must have a household per capita income of not more than $750 a month. They must also have good academic results – at least a B average, a good CCA track record, and show leadership and entrepreneurial skills, community involvement or innovation in science and technology.

 

2. AMP Education Bursary

AMP stands for the Association of Muslim Professionals, but this bursary is extended to diploma and degree students of all races.

Which education institutes and courses of study are eligible: Students entering local universities including UniSIM and Singapore Institute of Technology, the various polytechnics and ITEs are all eligible. There are no restrictions on the course of study.

How much will you get: For diploma students, a $500 cash bursary is awarded. For degree students, it is a $1000 cash bursary.

Who is eligible to apply: Applicants must have a monthly household income of not more than $3,500, or monthly per capita income not exceeding $750. Even part-time degree students are eligible, as long as they are 40 years and below and earn less than $3,500.

 

3. Singapore Buddhist Lodge Education Foundation Bursary

The Singapore Buddhist Lodge Bursary is distributed to needy students, regardless of race or religion.

Which education institutes and courses of study are eligible: Students entering local universities, the various polytechnics, ITEs and JCs are all eligible. There are no restrictions on the course of study.

How much will you get: The amount varies depending on the school. For tertiary students, it is generally between $1,000 and $1,200 per academic year.

Who is eligible to apply: Applicants must have a monthly per capita income not exceeding $850, and must not have received any other scholarship or bursary award for that academic year.

 

4. LBKM (Lembaga Biasiswa Kenangan Maulud) Bursary

Prophet Muhammad’s Birthday Memorial Scholarship Fund Board has been giving out education bursaries since 1966, regardless of race and religion.

Which education institutes and courses of study are eligible: Students entering local or overseas universities, the various polytechnics and JCs are all eligible. There are no restrictions on the course of study.

How much will you get: For JC students, a cash bursary of $500. For diploma students, a cash bursary of $800. For degree students, the amount depends on the type of course. Undergrads in local universities get $1,800, with larger amounts set aside for postgraduate and overseas education. For part-time degree students, the bursary amount is $1,200.

Who is eligible to apply: Applicants must have a monthly per capita income not exceeding $1,800, and must not have received any other scholarship or bursary award for that academic year.

 

Of course, there are several other bursary options that are available for students from needy families. However, many of these other options are limited by race, religion or course of study. The four mentioned above have none of these restrictions. Bursaries will go a long way to subsidising your education, but if you still have trouble, do consider applying for an education loan to help pay for the remaining amount.

Did receiving a bursary award give you a head start in your career? Know of any other great bursaries? We want to hear from you and remember to “Like” us on Facebook for more great stuff. 

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Peter Lin

I am the poster boy for reinventing one's self. I've been a broadcast journalist, technical writer, banking customer service officer and a Catholic friar. My life experiences have made me the most cynical idealist you'll ever meet, which is why I'm also the co-founder of a local pop culture website. I believe ignorance is not bliss, and that money is the root of all evil only if you allow it to be.