04 May 2020
The Nanyang Technological University has released details of its new relief package aimed at assisting students currently experiencing financial difficulties.
Through the newly launched S$2 million OneNTU Fund, the university will support students from Singapore who need immediate financial help. Eligible students may get an interest-free advance of up to S$1,500, which they will reimburse to the University within two years after graduation.
In addition, the University will establish an NTU Priorities Fund, which will be driven by private philanthropy. Recipients of support from the Fund will pledge to “pay it forward” within two years after graduation and return the interest-free cash assistance to the University.
NTU has also revealed that its 5,700 final-year undergraduates will receive an extra $1,600 in credits to offset fees for courses they can take as alumni, on top of the four CET ones they can take for free.
The credits are valid until June next year, and are on top of the existing $1,600 in credits available to all alumni.
Graduates can also use the academic credits gained from selected CET courses and “stack” them towards a MiniMaster’s Certificate. Course credits earned may count towards a full master’s degree, which can be pursued later. The National Institute of Education at NTU offers 12 such programmes in areas such as drama education and e-learning instructional design, and more will be added in the coming months.