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Financing your MBA

Bank loans are only applicable to Singaporeans and Singapore Permanent Residents.

 

The following bank loans are available:

Maybank Education Loan:
Leonard Lee Shenglie
Lifestyle Finance Executive
Business Development - Direct Sales Management
Maybank Singapore
Tel: (65) 6338 6543
HP: (65) 9875 4647
Email:
Website: www.maybank2u.com.sg


RHB Bank Education Loan
Contact Person : Ms Joanne Toh
Tel : (65) 6320 0688
HP : (65) 9646 1214

RHB Bank Berhad
90 Cecil Street, #01-00
RHB Bank Building
Singapore 069531

Email :

Please click here to access the Education loan information under RHB Bank Website. 


Scholarships:

For the August 2010 Intake, we have more than S$1 million dollars worth of scholarships and awards for deserving candidates, for all our MBA programmes. Kindly refer to the details under each of the scholarships & awards for the means of application and scope of coverage.

The NUS MBA Study Awards
The study awards will be disbursed to deserving full time MBA candidates:

  • The most prestigious NUS MBA Dean's Award is equivalent to the prevailing full tuition fee
  • The highly coveted NUS MBA Director's Award is prized at half the prevailing tuition fee
  • The NUS MBA Merit Award is a headstart for aspiring industry leaders prized at a quarter of the prevailing tuition fee
 

All full time MBA applicants who have accepted the admissions offer will be automatically considered for these awardsthe amounts will be offset from tuition fees over three semesters. To be considered, all scholarship documents and requirements must be submitted by 31 January 2010.  The NUS MBA Study Awards are open to all nationalities.


Asian Development Bank - Japan Scholarship:
The ADB-Japan Scholarship programme is awarded annually by Government of Japan to citizens of developing countries that are members of the ADB. Up to 5 scholarships are available for award annually to full-time students in the MBA programmes. Please refer to the eligibility requirements and selection criteria.


The ABD-JSP provides:
  • Full tuition fees
  • A monthly subsistence and housing allowance
  • An allowance for books and instructional materials
  • Medical insurance
  • Travel expenses

Application form is available here. All completed applications are to be sent to .
Application deadline is 31 January 2010.

NUS-APEC Scholarship:
One APEC Scholarship, funded by the Singapore Ministry of Education, is awarded annually to candidates from APEC member economies who are admitted to the Full-time NUS MBA programme.


Eligibility requirements:
  • Applicants from the 20 APEC economies, excluding Singapore
  • Admitted to full-time NUS MBA

Selection Criteria:
  • Overall qualifications of the candidate
  • Candidates who have not previously studied abroad
  • Preference will be given to government officials

The NUS-APEC Scholarship provides
  • Monthly stipend of S$1,300
  • Tuition, health insurance, and other approved fees, allowances and expenses
  • One time book allowance of S$500
  • One time settling in allowance of S$500
  • Cost of travel from home country to Singapore
  • Cost of student exchange participation, up to S$6,000
  • Cost of return travel from Singapore to home country on graduation

Applicants who accepted the admissions offer will be automatically considered. To be considered, all admission application documents must be submitted by 31 January 2010.


SPRING Singapore's Management Development Scholarship (MDS):
The Management Development Scholarship aims to raise the next generation of leaders for the trailblazer companies of tomorrow. Through a co-funding scholarship arrangement to pursue renowned graduate business programmes at leading local universities, MDS brings together the potent combination of promising young executives who have high leadership potential and dynamic, high-growth SMEs.

 
MDS will provide funding at the following levels:
  • Full Time MBA: SPRING Singapore will provide grant value of up to 70% of expenses which includes tuition fees, basic stipend and other related expenses, including monthly allowance for full-time MBA scholars.
  • Part Time MBA: SPRING Singapore will provide grant value of up to 90% of tuition fees and other related expenses. The SME will bear the full salaries throughout the course of study.

Eligibility criteria:

  • Currently working in a SME or interested in joining one
  • A Singapore citizen or Singapore permanent resident
  • Have less than 5 years of working experience

You will need to:

  • Apply to a recognized academic programme
  • Go through a joint selection process by SPRING and the participating SME
  • Serve a 3-month internship in the SME prior to embarking on the approved MBA course if you are a new recruit. Performance must be deemed satisfactory by the SME.
  • Serve a bond of up to 2 years in the SME upon completion of your studies.

 

Download SPRING MDS flyer here. For more information, visit www.spring.gov.sg/mds.
SPRING Singapore Scholarship application deadline follows The NUS MBA admissions application deadline.


Tan Kah Kee Postgraduate Scholarship
In commemoration of the invaluable contributions made by the late philanthropist Mr Tan Kah Kee, in the field of education, the Tan Kah Kee Foundation has been awarding Postgraduate Scholarships since 1983. The scholarships are open to Singapore citizens and permanent residents who are pursuing full-time Master degree or PhD of any discipline, regardless of race or religion. Candidates are appraised on their academic achievements, outstanding personal character and bilingual capabilities. The scholarship will be awarded annually and is bond-free.

The application is open in May every year. Shortlisted applicants will be informed to attend an interview in the month of June or July. Scholarship amount for those studying overseas or local universities are S$10,000 & S$7,000 respectively.

For more information and the application form, please click:
http://www.tkkwspc.com.sg/tkk/foundation/post_eng.shtml


Lee Kuan Yew Scholarship
The Scholarship is synonymous with both prestige and a willingness to serve Singapore. It marks Singapore's continuous effort to recognise outstanding individuals with the aptitude and inclination to contribute to our society. With generous contributions from the public, the Lee Kuan Yew Scholarship Fund was set up in 1991 in honour of Minister Mentor Lee Kuan Yew.

Scholars can either pursue Master's or PhD programmes at local or overseas universities. There is no restriction the course of study.

The scholarship is highly selective. Applicants must fulfil the following criteria:

  • Singapore Citizen with outstanding academic records (at least a Second Upper Class Honours Degree); and
  • Demonstrate exceptional leadership qualities and be active in social, community services or sports.

Applicants who are pursuing a Master's Programme in General Management should preferably have at least 4 years of working experience. Public Officers are required to submit their applications through their Chief Executive Officers or Permanent Secretaries.

Besides receiving this once-off sum of S$10,000, successful applicants will be given an annual allowance of S$50,000. This Scholarship does not carry any bond.

Application will open in November 2009 for a month. For more information and the application form and procedures, please click: http://www.pscscholarships.gov.sg/scholarships/lee_kuan_yew_scholarship.htm/


Ian Ferguson Scholarship:
The scholarship aims to provide financial assistance to students who have distinguished themselves through volunteer work at NGOs or charitable organisations to pursue the NUS MBA. One scholarship of S$28,000 will be awarded each year.

Selection criteria:
  • Overall qualifications of the candidate
  • Financial need
  • Active participation in volunteer work at approved NGOs or charitable organisations

Conditions of scholarship: The recipient is required to maintain an average CAP of 3.5 throughout the programme. Failure to comply will nullify the scholarship.

Application form is available here.  Please submit the completed form to .
Application deadline is 31 January 2010.  The Ian Ferguson Scholarship is open to all nationalities.


Lien Foundation Scholarship:
The Lien Foundation Scholarship for Social Service Leaders is a prestigious postgraduate scholarship open to outstanding staff from voluntary welfare organisations (VWOs) and members of the public. The Scholarship aims to support candidates excellent academic records, a notable performance record and potential to take up leadership positions in VWOs. Scholars can pursue the full-time or part-time NUS MBA.

The Scholarship provides:

  • Tuition fees
  • A maintenance allowance for full-time students
  • A book allowance and other compulsory fees

Eligibility requirements:
  • Singapore Citizen or Permanent Resident
  • Good academic results, with a good Honours degree and GCE A Level results
  • Strong track record of leadership and initiation of innovative/major projects
  • Strong commitment to the social service sector

Additional criteria for staff of VWOs:
  • Outstanding track record in social services
  • Minimum 3 years of service in a VWO
  • Strong recommendation from Executive Director/Chairman/President of the governing Board

Additional criteria for the public:
  • Possess relevant work experience (in management) with strong determination to work in the sector
  • Good track record in social or community services

Conditions of scholarship:
Applicants must be prepared to fulfill a bond in VWOs and other social service agencies upon completion of their studies. The duration of the bond will depend on the nature and value of the scholarship.

To apply, please visit www.ncss.org.sg/lien for more information and application form.

Mohammed bin Rashid Fellows Programme
Overview:
The Fellows Program aims to identify talented and ambitious youth from across the region, and offer them scholarships to pursue graduate studies in management, finance or leadership at top-notch international universities. The programme will cover all financial costs related to tuition, books, accommodation, stipend and travel for the full duration of the Fellowship. Upon completion of their studies, the Fellows are legally bound to return to the region for at least two years of employment in the public or private sector.

 

Eligibility:
This highly competitive programme will award 2-5 fellowships annually per partner university to qualified candidates who demonstrate leadership capabilities, dedication and commitment to the region's human and socio-economic progress. Nationals from 22 regional countries are eligible to apply. These countries are:  Algeria, Bahrain, Comoros, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, UAE and Yemen.

 

Selection Criteria:
The qualified candidate, who must also possess professional experience in the region, should submit a completed MBRF Fellows application. Additionally, he/she must show intellectual maturity, social awareness, ethical consciousness and a strong commitment to the Arab world and the region, and its development needs.

A successful candidate's application should reveal that he/she is a professionally experienced, motivated individual with the potential to make a positive impact in the Arab world and the region. These attributes must be outlined in a clear, concise and compelling manner.
While an interview is not compulsory, in some cases, MBRF may feel that an interview would shed more light on the candidate's merit.

For more information about the scholarships, visit its website at mbrfoundation.ae.


 

Sampoerna Foundation - Singapore Education MBA Scholarships:
The Programme aims to groom Indonesia's future business leaders. Sampoerna Foundation provides scholarships to two outstanding young Indonesians to pursue an MBA in Singapore. Upon completing the programme, scholars are expected to return to Indonesia to transfer their knowledge to their fellow citizens. Deadline for submission of Sampoerna Foundation Scholarship follows The NUS MBA application deadline. 

For eligibility, requirements and application procedures click here.