No, recipients are typically not required to repay Bursaries/Grants. However, the award quantum must be returned in part or in full if you either withdraw or are terminated from your studies at SIT.
Each MOE or CDC/CCC Bursary award is valid for 1 Academic Year. Hence, previous recipients of the bursary will become eligible to re-apply in the following Academic Year.
Actual award of the Public Bursary is based on the individual applicant’s Residency and assessed Per Capita Income (PCI) or Gross Household Income (GHI), whichever will accord the student the higher Public Bursary quantum. You will be informed of the exact quantum awarded to you through email notification of the application outcome.
SIT aims to provide financial assistance to as many needy students as possible. Concurrent holding of two or more Bursary/Grant awards is subjected to approval on a case by case basis.
This is possible, provided the Terms & Conditions of both awards permit the concurrent holding of awards. At the point of acceptance of the bursary or scholarship award, all awardees are expected to declare their agreement to abide by this condition. If a student is found to have accepted two awards which do not permit concurrent holding of other awards, he or she would have to relinquish one award or refund the monies already granted under one of the awards.
The public bursaries (MOE & CDC/CCC Bursaries) require at least 2-3 months processing time before submission for approval to the respective bursary awarders. The processing time for private bursaries varies as the assessment process includes interviews for shortlisted applicants before recommendations are made to the awarding organisation.
The disbursement of the award differs for each bursary, depending on the designated use for education expenses, tuition fees, OIP or other expenses. Awardees may receive the funds directly from the bursary awarders or via SIT. These funds could be disbursed to the student via cheque or be used to deduct/offset outstanding school fees. Students will be informed of the different outcomes accordingly.
The decision on how the study grant should be utilised depends on the options for use stipulated by the awarding organisations.
You may approach the Admissions team for advice on the requirements of the different bursaries before applying. Success of the application depends on whether the eligibility criteria and expectations of the Bursary/Grant are met.
Please refer here for more information on the various awards and the application periods.