NTU Singapore disburses S$1.5 million in financial aid to students impacted by COVID-19
NTU Singapore has disbursed S$1.5 million in financial support to assist students facing hardship due to the COVID-19 pandemic.
In April, President Subra Suresh announced the NTU COVID-19 Relief Package to provide immediate help to students facing serious financial challenges due to the global pandemic. To support the Relief Package, NTU also launched new mechanisms to attract private philanthropic gifts from a wide variety of sources in addition to deploying available sources of public funding and resources from the University.
To date, more than 1,000 NTU students have received financial support from the Relief Package. The typical assistance package offered to the students ranged between S$500 and S$3,000, depending on the individual needs of the student.
More than 400 of these students are beneficiaries of the recently launched NTU Priorities Fund, a fund supported exclusively from private philanthropy. This fund aims to assist the University’s neediest students who have no other recourse for financial support.