According to the Straits Times news report “Hokkien clan to give $120k to needy uni students” (May 25) – “The money will come in the form of a $3,000 bursary for individual students each year. Up to eight students from each institution will be funded for three years in this way.
… the fund had been used to provide bursaries of $1,000 to $4,000 each for children of seven members.
The associate director of SMU’s office of advancement and alumni, Mr Tan Siang Peng, noted: “We are grateful to the Huay Kuan for the money because one in five of the 7,800 students we have is from a needy family.”
Government tertiary bursaries increased
I was puzzled by the numerous news reports of non-governmental organisations offering new bursaries for needy tertiary students, because according to the Ministry of Education’s press release “Enhanced Support For Students To Access Opportunities In Institutes of Higher Learning” (Mar 7, 2014) – “The Government will significantly increase the bursaries and raise the income eligibility threshold from Academic Year (AY) 2014 for students studying in Institutes of Higher Learning (IHLs)1.
This enhanced support will benefit more students, reaching students in up to two-thirds of all Singaporean households, and bringing the total number of students eligible for government bursaries in IHLs to around 120,000 students per year. This will cost the Government up to $147 million more per year.”
ITE bursary $25 a month
For example, the bursary for an ITE student from a household with per capita gross monthly income of $1,401, $951, $571 and below $570, is $300, $450, $900 and $1,200 a year.
Isn’t $300 ($25 monthly) or even the maximum $1,200 ($100 monthly) very little?
Polytechnic bursary $63 a month
Similarly, the bursary for a polytechnic student from a household with per capita monthly income of $1,401, $951, and below $950, is $750, $1,500 and $2,000 a year.
Isn’t $750 ($63 monthly) or even the maximum $2,000 ($167 monthly) very little?
University bursary $108 a month
For a university student – the bursary from a household with per capita monthly income of $1,401, $951, and below $950, is $1,300, $2,600 and $3,600 a year.
Isn’t $1,300 ($108 monthly) or even the maximum $3,600 ($300 monthly) very little?
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