A new bursary at SIT will be open to undergraduates from all academic disciplines
In this coming Academic Year 2021/22, a new bursary at SIT will be made applicable to all Singaporean and Singapore Permanent Resident undergraduates who qualify for financial aid. This is the P.L.A.Y. Lam Family Fund Bursary which was established recently in June 2021 (the letters P, L, A, and Y are the initials of the family’s members).
Said Mr Lam Yi Young, who made possible this bursary together with his family, “SIT plays an important role in providing tertiary education opportunities to students and in helping them gain practical job skills and be work-ready. My family and I are pleased to be able to support students at SIT in their higher education journey. In particular, we hope to be able to support those who may not be among the neediest group that already qualify for the most support, but who nevertheless require further assistance to make ends meet.”
The P.L.A.Y. Lam Family Fund Bursary will be open to financially disadvantaged undergraduates from all academic disciplines at SIT. It is expected to be even more impactful for bursary recipients whose monthly household per capita income (PCI) range from $1,001 - $2,250, as this group of undergraduates are eligible for relatively less support from public bursaries. (They are eligible for the Higher Education Bursary that is valued from $1,350 - $3,200, while those whose PCI is $1,000 and below are eligible for the Higher Education Community Bursary that ranges from $5,000 - $6,200). In comparison, tuition fees for a Singaporean undergraduate at SIT in the current Academic Year 2020/21 start from $7,500 annually.
Said Prof Tan Thiam Soon, President, SIT, “We are very appreciative of this bursary made possible by Mr Lam and his family. Many of our students are the first in their families to attend university and this bursary will give more of our students the extra financial help they may need to pursue their studies no matter their financial background.”