Study in Singapore: Can You Combine Scholarships & Financial Aid? YES!

Can I combine scholarships with other financial aid to study in Singapore?

share

Maximizing Your Singapore Study Budget: Combining Scholarships & Financial Aid

Dreaming of studying in Singapore, the vibrant economic powerhouse with world-class universities? While tuition fees and living costs can seem daunting, combining scholarships and financial aid can make your Singaporean education dream a reality. Let’s unravel the funding landscape and show you how to create a comprehensive financial plan.

Singapore’s Multi-Faceted Financial Aid System

Singapore offers a diverse range of financial assistance options to support international students like you:

1. Scholarships: Awarded based on merit, talent, or specific criteria, scholarships typically don’t require repayment. They can cover tuition fees, living expenses, or even airfare.
2. Tuition Grants (TG): The Singapore government offers need-based tuition grants to help eligible international students offset tuition fees.
3. Financial Aid Packages: Some universities offer comprehensive financial aid packages that combine scholarships and grants, tailoring support to your specific needs.

The Power of Combining Scholarships and Financial Aid

The beauty of the Singaporean system is the ability to combine multiple sources of funding. By securing both a scholarship and a tuition grant, you can significantly reduce your overall educational expenses.

Imagine this: You receive a merit-based scholarship from the National University of Singapore (NUS) that covers a portion of your tuition fees. You can then apply for a Tuition Grant (TG) to cover the remaining tuition costs and potentially receive additional support for living expenses. This combined approach can make your Singaporean education much more affordable.

Maximizing Your Funding Potential: A Step-by-Step Guide

1. Research Thoroughly: Explore the multitude of scholarships and grants available in Singapore. Utilize online resources like BrightSparks ([invalid URL removed]) and ScholarshipOwl (https://scholarshipowl.com/). Pay attention to eligibility criteria, deadlines, and whether they can be combined with other forms of financial aid.
2. Target “Stackable” Scholarships: Look for scholarships that explicitly allow stacking with financial aid, such as the Singapore Government Scholarship (SGS): https://www.psc.gov.sg/scholarship
3. Explore University-Specific Scholarships: Check the websites of your target universities for merit-based scholarships that can often be combined with tuition grants.
4. Apply for Tuition Grants: If you demonstrate financial need, apply for a Tuition Grant (TG) through the Ministry of Education (MOE): https://www.moe.gov.sg/financial-matters/awards-scholarship
5. Be Transparent and Proactive: When applying for financial aid, be upfront about any scholarships you’ve received. This ensures transparency and helps the authorities determine the appropriate level of support for your needs.

Don’t Forget Living Expenses!

While scholarships and financial aid can significantly reduce your tuition burden, remember to budget for living costs in Singapore, such as accommodation, food, transportation, and other necessities. Consider part-time work opportunities, adhering to all legal work permit regulations, to supplement your funding.

What is the Niyo Scholarship

The Niyo Scholarship for Indian students with sights set on international education this Fall 2024!

Niyo which provides free Zero Forex Cards to Indian students to help them save forex charges while studying abroad has launched a $20,000 scholarship fund divided into 10 scholarships each worth $2,000, to outstanding Indian students who are starting their Master’s or Bachelors programs at universities outside India.

The eligibility criteria are broad to ensure that students from all backgrounds have a chance. Whether you are an academic achiever, facing financial difficulties, demonstrated innovative ideas, or are committed to social work, the Niyo Scholarship can support your journey to a world-class education.

This initiative aims to help students from various fields and encourage diverse talents to pursue their educational dreams abroad.

How to Apply:

• Download the Niyo app (click on the button or scan the QR to download).

• Get your free Niyo card (it’s quick and easy!).

• Watch for the scholarship banner on the Niyo app homepage (will appear once you complete the card order process).

• Click on the banner to access the application form.

• Fill out the form and submit your application.

Top Questions Answered: Your Guide to the Niyo Scholarship​

1. Who can apply, What’s the eligibility?

• Indian students starting their studies abroad in Fall 2024 (between July and September). This includes both bachelor’s and master’s programs.
• Parents can apply on behalf of their minor children pursuing a bachelor’s degree.
• Must be a Niyo Card Holder.

2. What countries are eligible?

The scholarship is open to all Indian students starting education abroad in any country outside India, including the

• United States

• Canada

• United Kingdom

• Germany

• Ireland

• Italy

• Singapore

• France

• Netherlands

• China

• Italy

• Spain

• United Arab Emirates

• Philippines

• Kazakhstan

• Azerbaijan

• Uzbekistan

• Kyrgyzstan

• Georgia

And many more

3. Is academic merit the only factor?

Absolutely not! We celebrate well-rounded individuals. Here’s how you can qualify:

• Merit: Stellar academic performance is always impressive.

• Financial Need: Facing financial limitations? We understand. Explain how the scholarship would make a difference.

• Innovation: Pioneered a groundbreaking project? Showcase your ingenuity!

• Social Work: Actively involved in social or environmental causes? Let your dedication shine.

4. Why Apply for the Niyo Scholarship?

There are several compelling reasons to join the Niyo Scholarship race:

• Financial Support: Each scholarship provides a substantial $2,000 to ease your educational expenses abroad.

• Recognition: Be acknowledged for your academic excellence, innovative spirit, or dedication to social good.

• Easy Application: The entire process is conveniently accessible through the user-friendly Niyo app.

5. Can I apply if I already have another scholarship?

Yes! The Niyo Scholarship is designed to be stackable with other financial aid awards you might receive. This means you can combine the Niyo Scholarship award with your existing scholarship to maximize your financial support for your studies abroad.

6. When will the winners be announced?

Niyo shall start announcing the award winners by mid-July.

Don’t miss out on this incredible opportunity! Download the Niyo app, get your card, and be ready to apply for the scholarship.