GEM Discoverer
NTU has developed several financial aid schemes aimed at facilitating increased participation in various short-term overseas exposure programmes as approved by NTU for full-time Singaporean undergraduates. The goal is to create avenues for international cultural and industrial experiences, build regional connections and cultivate the acquisition of new skills and broaden their global mindset. Thus, preparing students to be Global Savvy and Future Ready.
Eligibility
Full-time NTU Singaporean undergraduates who are selected to embark on any GEM Discoverer short-term programmes in ASEAN, China or India (ACI region) and selected emerging economies will have the opportunity to receive one of these awards (one-time only) during their candidature at NTU based on their PCI and subject to fund availability.
Ng Bok Eng Scholarship |
The following are not eligible:
|
GEM Travel Grant | |
NTU Travel Bursary – For Existing Bursary Recipients Only | |
MENDAKI-NTU Overseas Fund (Up to SGD 500) |
- Travel Awards (For GEM Discoverer Short-Term Programmes hosted in a non-ACI destination)
Ng Bok Eng Scholarship MENDAKI-NTU Overseas Fund |
|
- OSP Loan
OSP Loan |
|
Quantum
GEM Discoverer – ASEAN Summer Programmes / AUN Summer Camps / Prelude / Language Immersion Programme / Summer Studies / Winter Studies
Schemes | Max Aid Applicable | ||
Singaporean | Singapore PR | International Student | |
Ng Bok Eng Scholarship | Up to S$1,000 | NA | NA |
GEM Travel Grant | Up to 85% of Programme Fee, capped at S$800 | NA | NA |
NTU Travel Bursary | Up to S$2,000 | NA | NA |
MENDAKI-NTU Overseas Fund | S$500 | S$500 | NA |
Scheme | Country Of Study / Attachment | Max Aid Applicable | ||||
---|---|---|---|---|---|---|
Singaporean | Singapore PR | International | ||||
OSP Loan | Asia | $5,000 | $3,000 | $3,000 | ||
Europe / Middle East / Oceania / USA | $10,000 | $3,000 | $3,000 |
Please note that if you are applying for both the loan and travel award, the maximum amount offered (which may be a combination of loan and travel award) will not exceed the maximum aid amount as shown in the loan table above.
For OSP Loan application
Guarantor Requirements
1. One guarantor aged 21 to 60 years (based on the guarantor's age at the point of application), and not an un-discharged bankrupt.
- Singaporean student to provide a Singaporean guarantor
- Singapore Permanent Resident and International students to provide a Singaporean/Singapore Permanent Resident guarantor
3. The guarantor must be gainfully employed.
4. A student of Nanyang Technological University who satisfies (1) and (2) may also act as a guarantor. However, a student who is in the process of applying or holding Tuition Fee Loan / loan from CPF Education Loan Scheme or any other form of loan should not stand as a guarantor.
5. If the application for OSP loan is successful, the applicant and the guarantor have to be both present at NTU to sign the Loan Agreement.
Standard interest* | 3-month compounded Singapore Overnight Rate Average (3M SORA) plus 1.5 percentage points or such other rates as may be determined from time to time by the bank |
Late payment interest for overdue and unpaid loans/loan instalment | 3M SORA plus 4.5 percentage points or such other rates as may be determined from time to time by the bank |
* not applicable to interest-free Study Loan
The interest rates will be revised on a half-yearly basis based on the 3M SORA1 published on the Monetary Authority of Singapore’s (MAS) website2 on 1 March (for the period 1 April to 30 September) or 1 September (for the period 1 October to 31 March of the following calendar year)3. You can visit OCBC Bank website for the applicable interest rates on every 1 April and 1 October.
Repayment
Travel Awards | No Repayment required |
OSP Loan |
|
How to apply
- You need not wait for your overseas programme outcome before applying.
For students who are not successful in your overseas programme, we will not offer you any travel award/OSP Loan For students who are successful for the overseas programme and are offered the OSP loan, you have the choice to decline the OSP loan offer. - For students who applied for the travel award, a limited number of travel awards are available and therefore not all applicants will be successful. Students are strongly encouraged to apply for the OSP Loan if they have not applied for the loan before.
- Apply online through Student Intranet during the financial aid application period
• For NTU students, please login to Student Intranet for application.
• For NIE students, please login to NIE StudentLink for application. - Upload application form and supporting documents (compiled into one PDF file) via the upload portal at Student Intranet.
Note: You will only be allowed to upload your documents once. For assistance on documents upload,
.please submit your queries through Ask Finaid - You will be informed of your financial aid application outcome after the closing date as per schedule indicated below.
- The Travel Award will be used to offset programme fee for ASEAN Summer Programme, Prelude and Language Immersion Programme (Thai) before the excess balance funds are credited to your bank account. For other GEM Discoverer Programmes, NSS Finance Office will credit the funds into your bank account within 4 weeks from the travel award email offer.
- For students who applied and are not successful for the Travel Award:
• The outcome of your application will be sent to your NTU email account.
• If you have not applied for an OSP loan before and would like to apply for a loan, please submit your queries through Ask Finaid for assistance. - For students who applied and are offered the OSP Loan with or without the Travel Award:
• A loan offer will be sent to your NTU email account. You are required to click on the link provided in the email to indicate acceptance.
• Within 2 weeks of your loan acceptance, you will receive the appointment booking link from ServiceNow@NTU. You are required to select the suitable date and time for you and your guarantor to sign the loan agreement at One-Stop@SAC.
• After the Loan Agreement has been signed, NSS-Finance Office will release the loan amount (in one lump sum) to you.
Application period
GEM Discoverer - Summer AY2023/2024 Semester 2
Application Period | Financial Aid Schemes | Outcome | |
AY2023/2024 | 1 Feb 2024- |
| 30 Mar 2024- |
GEM Discoverer - Winter AY2024/2025 Semester 1
Application Period | Financial Aid Schemes | Outcome | |
AY2024/2025 | 1 Sep 2024- |
| 30 Oct 2024- |