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Beasiswa Singapura 2013 – The Dr Goh Keng Swee (GKS) Scholarship

01.28.2013 · Posted in Singapore, Uncategorized

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The Dr Goh Keng Swee (GKS) Scholarship is a private sector scholarship administered by the Association of Banks in Singapore (ABS).

Each year, 3 to 4 scholarships are awarded to outstanding individuals from 15 Asia Pacific economies (Brunei, Cambodia, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, PRC, Taiwan, Vietnam, Thailand, Laos and Myanmar) to pursue undergraduate studies at local universities in Singapore i.e. National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU) and Singapore University of Technology and Design (SUTD).

The Dr GKS Scholarship Fund was set up by the financial community in Singapore in honour of the former Deputy Prime Minister, who fostered Singapore’s economic development and growth as a reputable international financial centre.

Eligibility
The Dr GKS Scholarship is open to students who are citizens/passport holders of Brunei, Cambodia, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, PRC, Taiwan, Vietnam, Thailand, Laos and Myanmar. Singapore citizens and PRs are not eligible to apply for the Dr GKS Scholarship.

The Dr GKS Scholarship is highly selective. Applicants should:

Preferably be below 25 years of age; and
Select a course of study relevant to the finance sector. Most other courses (such as Engineering, Computing, Law), except specialised courses like Medicine, will also be considered.
Concurrently apply for admission to NUS, NTU, SMU or SUTD. Applicants should adhere to the university’s admission deadlines and guidelines;
Demonstrate leadership qualities and possess good academic and co-curricular activities (CCA) achievements;
Have sat for, or made private arrangements to sit for the SAT I;

Duration and Terms of Award
The scholarship supports a maximum of 4 years of undergraduate study (including Honours). It provides the following:

Tuition and other compulsory fees;
Airfare (to Singapore and return to home country upon completion of study);
Annual maintenance allowance of SGD6500;
Hostel allowance based on institution of study; and
Settling-in allowance (one-off expense) of SGD200 upon arrival in Singapore.

The scholarship award will be reviewed annually and is subjected to satisfactory performance and academic results.

Scholarship Bond
Successful candidates will be required to work for 3 years upon the completion of their studies in either:

An approved company in Singapore; or
An approved Singapore-based company in their home country

The deployment of scholarship holders to serve their bonds will be determined by the Dr GKS Scholarship Fund.

Application
Applications for the Dr. Goh Keng Swee scholarships will be open from 30 November 2012 to 19 February 2013.

For enquiries, please email: psc@psd.gov.sg

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Tips To Get Financial Aid Scholarships

Many students know that grants and scholarships are a surefire way to help pay for the high cost of a college degree. A high level of stress doesn't need to come along with the process of applying for financial aid. With knowledge and foresight, earning financial aid to help pay for college doesn't need to be a challenge.

Students may be applying for financial aid in the form of scholarships for a number of reasons. Some scholarships are offered to students who demonstrate a financial need for monetary help and thus are considered need based. Other scholarships are merit-based and help reward students who may not demonstrate financial need, but could still benefit from financial aid. Either way, the process of applying for scholarships remains the same.

There are some steps that are simply applicable across the board, no matter what type of financial aid students are applying for. From the East coast to the West coast, these strategies have been continually employed. They are proven to be the most successful; both in positive results and in helping students develop a sense of organization.

The first tip is also applicable to deadlines while students attend college: start looking early and keep track of deadlines. Organization is paramount throughout the process of scholarship applications. Missing a deadline is not an option; scholarship boards will not accept late applications. The earlier students identify which scholarships they want to apply for, the more time they have to make their application top-notch.

The second tip for making yourself into an attractive scholarship applicant requires more work than simply writing down dates in a calendar. When trying to win financial aid money, GPA and demonstrating financial need are absolutely important. However, many scholarships want a full picture of the applicants - so community and campus involvement are just as important as your grades. Staying involved in extracurricular activities like clubs, sports and volunteering will help make you into a desirable applicant when you're aiming for financial aid.

The actual process of submitting an application requires the same type of organization as keeping track of dates. Students need to be sure to read all the instructions so they don't skip or accidentally miss an important part of the scholarship's instructions. No matter how messy they are regularly, the scholarship application itself needs to be neatly handwritten or typed, with an attention to detail. Scholarship boards process hundreds of applications regularly and don't have the time to be deciphering horrible penmanship!

Students who are vying for scholarships may be drawn first and foremost to the biggest scholarships available on a national level. However, it is wisest to apply for local scholarships first. The smaller the pool of applicants, the more likely it is that students will be successful in winning their financial aid. Local colleges and universities are an excellent source of individual scholarship opportunities, and many hometown individuals and programs will also offer students financial aid. The search can be broadened only after the closest opportunities are taken advantage of.

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