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SEP Financial Aid

Your global experience should be defined by ambition, not financial constraints. NUS Business School offers a range of awards and financial aid options to support your overseas exchange journey. From university-level NUS Awards for Study Abroad (NASA) to Business School donated awards such as the Sino-Singapore Innovation Programme Scholarship and the Fung Scholarship, there are multiple pathways to help fund your international experience.

University Level

NUS Awards for Study Abroad (NASA)

  • All students applying for exchange will have an option to apply for NASA awards.
  • Application is done via EduRec administered by GRO
  • Results of the award will be made known only prior to the semester of study (i.e. students going out on semester 2 will only know the results in December of the preceding year.
    Details can be found on GRO’s site.

Please approach GRO for any enquires on NASA awards.

Business School Donated Awards

  • These awards are for NUS Business School students only (includes students in the Double Degree Programme).
  • Students are only allowed to hold ONE award for exchange studies regardless of awarding body (i.e. internal or external to NUS). Students can/should still apply for NASA awards, but if awarded, the lower valued award will be rescinded.
  • Recipients of scholarships, bursaries and other awards not intended to for exchange studies CAN concurrently hold NASA or/Business School awards subject to the approval of the issuing organisation.
  • Students are required to declare to the scholarship awarding organisation and NUS Business School if they have been awarded with the 2nd scholarship/award.
  • All recipients may be required to attend an award ceremony/write appreciation letters/meet with the donors as required.

Application Information:

Application calls for SEP awards will be sent to eligible students via their NUS email accounts. Students should refer to the respective emails for application timelines and submission instructions.

Students applying for awards based on financial need are also required to submit a financial aid application through the NUS Office of Admissions – Financial Aid during the annual financial aid application exercise.

Awards Name Value Eligibility Disbursement Period
Sino-Singapore Innovation Programme (SSIP) Scholarship  $5,000 Students are selected based on good academic results and demonstrated leadership appointments, and going on exchange in Asia with priority given to mainland China. February / March
Fung Scholarship $4,000 Students are selected based on good academic results and demonstrated leadership appointments. For Semester 1 Exchange: September/October

For Semester 2 Exchange: February/March
NUSBSA Student Experience Award Variable amount Students are selected primarily based on financial need.

Shortlisted students will need to attend an interview as part of the selection process. 		For Semester 1 Exchange: September/October

For Semester 2 Exchange: February/March
MBA Alumni – NUS Advancement Fund Variable amount Students are selected primarily based on financial need.

Shortlisted students will need to attend an interview as part of the selection process. 		For Semester 1 Exchange: September/October

For Semester 2 Exchange: February/March
Tahir Student Exchange Award $6,000 Indonesian students are selected based on financial need. February/March
TY-Woon Student Exchange Bursary $2,500 Students are selected primarily based on financial need. February/March

Other Financial Aid Options

In addition to the NASA award, students with financial need may apply for the grants/loans listed below to help defray the costs of participating in overseas programmes:

  1. Overseas Student Exchange Programmes (SEP) Loan
  2. Overseas Student Programme (OSP) Loan
  3. Opportunity Enhancement Grant

Please visit Office of Admission Financial Aid for Full-time Undergraduates for details.