Stephen Riady Young Entrepreneur Scholarship, Eligibility Criteria, Benefits, Conditions, How To Apply?

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22 Nov, 2024

Several students are constantly searching for the Stephen Riady Young Entrepreneur Scholarship,  so we have decided to provide all the authentic information in this blog, so keep reading and supporting us. So if you are interested in the Stephen Riady Young Entrepreneur Scholarship then read this article.

Stephen Riady Young Entrepreneur Scholarship

The Stephen Riady Young Entrepreneur Scholarship is bestowed upon exceptional individuals who have a strong desire to become entrepreneurs. To apply for this scholarship, applicants need to demonstrate academic excellence, have a proven track record of exceptional co-curricular activities, and exhibit outstanding leadership qualities. Those who are interested in applying for the Stephen Riady Young Entrepreneur Scholarship and NUS Scholarship can submit their scholarship application.

Eligibility Criteria For Stephen Riady Young Entrepreneur Scholarship

To be eligible for the Stephen Riady Young Entrepreneur Scholarship, applicants must meet the following criteria:

  • Applicant must be a Singapore Citizen
  • Have strong leadership qualities and potential
  • Have good co-curricular activities record
  • Possess outstanding Singapore-Cambridge GCE A Level, local Polytechnic Diploma, International Baccalaureate Diploma, NUS High School Diploma or equivalent qualifications
  • Applying for admission to a full-time undergraduate degree program at NUS, excluding Dentistry, Medicine, and Music

Benefits Of Stephen Riady Young Entrepreneur Scholarship

Below we provide a list of all the important benefits of the Stephen Riady Young Entrepreneur Scholarship:

  • Subsidized tuition fees (after MOE Tuition Grant subsidy)
  • S$6,000 annual living allowance
  • S$2,000 one-time computer allowance upon enrolment
  • Guaranteed Student Exchange Programme (SEP) placement with one of NUS's overseas partner universities for one semester
  • Priority to be considered for on-campus accommodation for the first two years of undergraduate studies, as long as a complete hostel admission application is submitted by the second round of the application window each year and eligibility criteria for on-campus accommodation are met. This priority applies only to halls of residence, houses, and student residences, and not to residential colleges
  • Guaranteed NUS Overseas Colleges (NOC) internship program placement, provided a NOC application is submitted within the prescribed application period, and minimum criteria for participation in a NOC program are fulfilled
  • Eligibility to apply for up to S$50,000 seed funding to start one business venture within six months of graduation, provided the business proposal is submitted and assessed viable by NUS
  • Bond-free scholarship

Conditions For Stephen Riady Young Entrepreneur Scholarship

Below we provide a list of all the important terms and conditions for the Stephen Riady Young Entrepreneur Scholarship:

  • The scholarship is granted to fresh students who have enrolled in a full-time undergraduate program at NUS. It is valid for the regular duration of the program, and any modifications to the study program or additional programs must be approved by the NUS Scholarship Administrator in writing.
  • Recipients of the scholarship cannot simultaneously hold any other scholarship, fellowship, bursary, grant, prize, allowance, exemption, or free aid without prior approval from the University.
  • The scholarship will be renewed every semester, provided that the recipient maintains a grade point average (GPA) of at least 3.50 (or equivalent) or grades that are within the top 80% of their group for law scholarship recipients, and they exhibit good conduct.
  • If the scholarship recipient chooses to withdraw from the University or terminate the scholarship prematurely, the University reserves the right to recover all scholarship amounts disbursed to the scholar.

How To Apply For The Stephen Riady Young Entrepreneur Scholarship?

To apply for a scholarship, you can follow some steps: Below we provide all the important steps for the Stephen Riady Young Entrepreneur Scholarship:

  • Scholarship applications can be submitted only after applications for admission to NUS have been submitted. Click here to apply and view the application dates.
  • Applicants are required to submit the following:
    • Upload supporting documents such as co-curricular activity records at the Applicant Portal.
    • Submit one referee report online (to be submitted separately by your Junior College/Polytechnic/High School Principal or Tutor). 
    • Click here to download the Application Guide.

Selection Process For The Stephen Riady Young Entrepreneur Scholarship?

The selection process is competitive, and not all applicants will be successful. Below we provide points on the selection process.

  • Applicants will be assessed for scholarship suitability based on the strength of their application and their performance in the scholarship selection interview(s) if shortlisted.
  • Applicants shortlisted for selection interview(s) will be informed via e-mail. Selection interview(s) will be conducted from late March onwards, and applicants will be informed of their scholarship application outcomes by late May. To be considered for the scholarship, please ensure that you are available to attend the interview(s). Your scholarship application will be withdrawn if you are unable to attend any scheduled selection interview(s) without a valid reason(s). 
  • NUS reserves the right to not award any scholarship if there are no candidates of sufficient merit. The decision of the selection committee is final. Inquiries or disputes surrounding its decisions will not be entertained. 

Note:- If you want to know more about the Stephen Riady Young Entrepreneur Scholarship you can visit the official website. (Click Here)

Read Also - Snehapoorvam Scholarship Application Form 2024

Read Also - International Undergraduate Merit Scholarship 2024

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