To create a new pipeline of support for NTU undergraduates facing financial difficulties, Sian Chay Medical Institution has partnered the University to launch the Sian Chay Medical Institution Bursary Fund.
|From left: Volunteer Executive Chairman of Sian Chay Medical Institution Mr Toh Soon Huat (JP, BBM, PVPA), Minister of State for Culture, Community and Youth & Trade and Industry, Mr Alvin Tan, and NTU Vice President for University Advancement Lien Siaou-Sze, at the gift signing ceremony.|
Made possible through an initial gift of S$101,000 from Sian Chay in January 2021, the fund aims to relieve the financial burden carried by many students while also encouraging a culture of giving amongst them, especially by those in each year’s graduating cohort.
With the fund now officially set up, Sian Chay Medical Institution has pledged dollar for dollar matching of donations made by graduands giving to NTU’s Graduation Giving programme at up to S$100,000 a year for a period of 10 years. Mr Toh hopes the ever-growing fund will not only assist students in dire financial situations but also foster a spirit of giving back by those who are fortunate enough to be completing their studies at NTU without financial challenges.
The Sian Chay Medical Institution Bursary Fund is open to applications from all financially challenged NTU undergraduates and will see its first beneficiary receiving assistance in 2022.
Ms Lien Siaou-Sze, NTU Vice President for University Advancement, commended Sian Chay on its foresight and initiative. “With this new bursary fund, Sian Chay will enable these students to get a good education, to become future leaders of tomorrow and to serve their community”, said Ms Lien.
About Sian Chay Medical Institution
Sian Chay Medical Institution is a Social Service Agency registered with the Ministry of Health. With 13 branches across Singapore, the Institution provides free Traditional Chinese Medicine consultation, low-cost medicine, and treatment for the community, regardless of race or religion.
Over the last seven years, Sian Chay Medical Institution has served over 2.4 million patient visits and dispensed over 4.8 million medical prescriptions. Over the next five years, the Institution aims to increase its resources and serve an additional 2.5 million patients while distributing 4.8 million more prescriptions.