MAS Mid-Term Undergraduate Scholarship

Merit Based Scholarship | Scholarship Provided by : Monetary Authority of Singapore

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About the Scholarship

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The MAS Mid-Term Undergraduate Scholarship is provided by Monetary Authority of Singapore. It is offered at the undergraduate level to students in Singapore. It is a prestigious award that gives the most outstanding individuals the opportunity to pursue their dreams at the world's best universities. It promises them a career dedicated to solving some of Singapore's most challenging problems. The scholarship is tenable for 4 years of undergraduate study at any reputed university in Singapore or overseas. The number of scholarships offered varies each year.

Scholarship application closes on
March 13, 2017
Scholarship provided type
Trust
Number of scholarships offered
Varies per year
Study Level
Undergraduate
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Scholarship Details

Value of Award 
 
Overseas Award:
 
- Return airfare
- Tuition and other approved fees
- Maintenance Allowances (incl. book allowance)
- Pre-studies Allowances
- Sponsorship of Exchange Programme / Study Abroad Programme / Summer School (if requirements are met)
- Sponsorship of Masters degree (if requirements are met)
- 8 weeks internship during 2nd year of U/G studies
 
Local Award:
 
- Tuition and other approved fees
- Maintenance Allowances (incl. book allowance)
- Pre-studies Allowances
- Hostel Allowance
- Sponsorship of Exchange Programme / Study Abroad Programme / Special Term (if requirements are met)
- Sponsorship of Masters degree (if requirements are met)
- 8 weeks internship during 2nd year of U/G studies

Requirements

Eligibility Criteria

  • Only students in or before their penultimate year of undergraduate studies are eligible for the MAS Mid-Term Undergraduate Scholarship
  • The MAS Mid-Term Undergraduate Scholarship offer is conditional upon the candidate's performance during an internship with MAS of at least 8-weeks duration
  • The student should be an all-rounder who has excelled in both academic and non-academic pursuits
  • He/she should have demonstrated excellent leadership capabilities either in his/her CCAs or in activities outside of school
  • The scholarship is open to Singapore citizens, Singapore permanent residents and foreigners who are intending to obtain a Singapore citizenship.
  • MAS Undergraduate Scholarship
    If you are an A-Level candidate, you should offer at least 11 academic units. Students offering 10 academic units and with outstanding track records may be considered. All candidates are given equal consideration regardless of the subjects they have taken. The scholarship is also open to Polytechnic students and students who are taking the International Baccalaureate. Students must have obtained at least 36 points from the IB program to be considered.

Application

Application Process

If you wish to be considered in the provisional selection exercise, you should submit your application in September. You can submit your application using your preliminary examination results. You do not need to secure a place before applying for the scholarship, but you should indicate your choice of universities and courses in the application.
 
Scholarship offers made at the end of the provisional exercise will be conditional upon candidates' meeting our academic requirements in the final examinations. You may be considered in the main exercise (in March) if you are not shortlisted in the provisional exercise.
 
Shortlisted applicants will go through four stages of assessments: (1) essay writing and psychometric test; (2) panel interview; (3) group discussion and psychometric test; and (4) interview with management members.
 
Take the first step to realising your dreams 
 
If you have what it takes and the passion to shape Singapore's economic and financial development, you may very well be who we are looking for. Apply Now for the MAS Scholarship!
 
Application is open from 1st to 30th September for Provisional cycle, and 1st Jan to 10 calendar days after the release of the GCE A Level results for the main cycle. We encourage you to submit your application early so that we can arrange to meet with you at an earlier date.
 

Additional Information

To be considered in the provisional selection exercise, students should submit their application in September. They can also submit their application using their preliminary examination results. Students do not need to secure a place before applying for the scholarship, but they should indicate their choice of universities and courses in the application. Scholarship offers made at the end of the provisional exercise will be conditional if the student meets academic requirements in the final examinations.  Students may be considered in the main exercise (in March) if they are not shortlisted in the provisional exercise.

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