About The Scholarship
Established in 2017 and funded by the proceeds of an endowed S$8 million contribution, the Quantedge Foundation Scholarship supports deserving Singaporeans of demonstrated financial needs at the Singapore Management University. Each year, this scholarship is expected to fund about 20 to 25 undergraduate recipients, in perpetuity. It funds recipients’ remaining annual subsidised tuition fees payable, after taking into account other financial assistance awarded by the Singapore Government.
Click here to view the SMU Access brochure and or click here to view the PDF version.
Hear from our Quantedge Foundation Scholars
- Chen Weihao (Year 3 student, School of Accountancy)
- Claudia Si Tho Zhi Jing (Year 3 student, School of Social Sciences)
- Jacky Thng Guo An (Year 3 student, Lee Kong Chian School of Business)
Eligibility Criteria
- Enrolled as Year 1 Full time undergraduates of the University in any of the six schools
- Must be a Singaporean
- Must stay in HDB flat that is no larger than a 3-room type HDB flat
- Must be part of a family that has monthly per capita income of not more than $750
- Maintain minimum cumulative GPA of 3.00 to maintain the Scholarship
- Family must not own any private property in Singapore or outside of Singapore
- Must be granted a Tuition Fee Loan and/or CPF Education Scheme Loan
Benefits
- Funds each recipient’s annual subsidised tuition fees, after taking into account the quantum of other financial assistance awarded by the Singapore Government.
- The duration of each scholarship is up to four (4) academic years, provided that all criteria set out above are met at each annual review.
- No bond is required of the recipients
Recipients may not concurrently receive any additional funding that goes towards covering their tuition fees (excluding student loans). However, recipients may apply for funding that goes towards covering other expenses (such as living expenses, costs relating to participation in local/overseas student programmes).
Learning and Development Opportunities
Opportunity to join a customised community service project.
Application Information
If you would like to be considered for this scholarship, please indicate your interest in the Scholarship section of the online application form for admission. There is no separate scholarship application form.
Special consideration for this scholarship will be given to applicants with demonstrated financial needs. Applicants must also submit a separate financial aid application. This can be done via Applicant’s Self Service, after submitting the online application for admission. Prospective applicants may submit their financial aid application when it opens for its annual exercise from 1 January to 31 May.
About the Donor
Quantedge Foundation is a philanthropic foundation established by the principals of Quantedge Capital in 2015. It is registered as a Charity and has been an Institution of Public Character in Singapore since February 2016.
The Foundation aims to deliver impactful solutions to social issues and challenges in Singapore by focusing on areas where the Foundation can achieve the largest amount of social good per dollar spent. As such, it has a broad range of charitable objects including the relief of poverty and the advancement of education, with a specific focus on Singapore.
