Scholarship details
The Dr Goh Keng Swee (GKS) Scholarship is a private sector scholarship provided by the Singapore Association of Banks (ABS).
Each year, three to four scholarships are awarded to outstanding individuals from 15 Asia Pacific economies (Brunei, Cambodia, Hong Kong SAR, India, Indonesia, Japan, Korea, Malaysia, Philippines, PRC, Taiwan, Vietnam, Thailand, Laos, and Myanmar) to pursue undergraduate studies at local universities in Singapore, namely the National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU), and Singapore University of Technology and Design (SUTD) (SUTD).
The Dr GKS Scholarship Fund was established by Singapore’s financial sector to honor the former Deputy Prime Minister, who aided Singapore’s economic development and expansion as a recognized worldwide financial center.
About the Scholarship:
Following the breakup of the joint Association of Banks in Malaysia and Singapore, the Association of Banks in Singapore (ABS) was registered and became a legal organization on 3 October 1973. The separation occurred after Singapore and Malaysia broke their currency interchangeability agreement in May of that year, and each country thereafter launched its own currency.
ABS’s mission is to promote and advance the interests of its member banks, to establish standards of good behavior, and to improve the expertise of the Singapore banking sector. The organisation collaborates closely with the Monetary Authority of Singapore (MAS) and holds monthly consultations to discuss industry issues, promote a strong financial system, and assist Singapore’s aspiration to become a prominent financial centre in the Asia-Pacific region. Furthermore, ABS provides input for financial sector regulations and guidelines, as well as aids in the establishment of common ground for member banks to reconcile differing viewpoints and support projects of mutual value. Aside from the MAS, the group collaborates with other institutions and trade associations. The Singapore Exchange, the Real Estate Developers Association of Singapore (REDAS), and the Consumers Association of Singapore are among them (CASE). Through strategic engagement with its stakeholders – banks, regulators, and customers – the ABS represents the interests of its members in Singapore. It also collaborates with members to create and execute industry codes of conduct and guidelines that are consistent with worldwide best practices. It fosters ties within the banking industry, builds agreement, and gathers support for projects that benefit the entire industry. It also collaborates with regional and international organizations to advance the interests of its members.
As of 31 January 2018, the ABS had 156 members, which included local and foreign banks/institutions, as well as representative offices based in Singapore. Representing the Commercial and Investment Banking Industry: We represent our members’ interests in Singapore by strategic engagement with our stakeholders, which include banks, regulators, and customers.Maintaining Member Integrity: We collaborate with members to create and execute industry codes of conduct and guidelines that are consistent with worldwide best practices. Establishing Industry Relationships: We seek consensus among members who hold opposing viewpoints and coordinate as well as gather support for projects of mutual benefit.
.Collaboration with Regional and International Organizations: We collaborate with these organizations to strengthen the interests of our members.
Scholarship Sponsor(s): Association of Banks in Singapore (ABS)
Scholarship Country: Singapore
Scholarship Worth: $5000
Study Level: PhD
Nationality: International Students
Scholarship Offer:
- The scholarship covers up to four years of undergraduate study (including Honours). It includes the following features:
- Tuition and other mandatory costs;
- Airfare (to Singapore and back to home country once studies are completed);
- SGD6500 in annual maintenance allowance;
- Hostel allowance determined by the institution of study; and
- SGD200 settling-in allowance (one-time charge) upon arriving in Singapore.
- The scholarship award is subject to annual review and is contingent on satisfactory performance and academic outcomes.
Eligibility for Scholarship.
- Students from Brunei, Cambodia, Hong Kong SAR, India, Indonesia, Japan, Korea, Malaysia, Philippines, PRC, Taiwan, Vietnam, Thailand, Laos, and Myanmar are eligible for the Dr GKS Scholarship. Singapore citizens and permanent residents are ineligible to apply for the Dr GKS Scholarship.
Applicants must
- Ensure that all university admission requirements are met (including taking any applicable university entrance exams);
- Apply for admission to NUS, NTU, SMU, or SUTD at the same time. Most courses (with the exception of specialized courses such as Medicine) will be evaluated. Applicants must follow the university’s admission deadlines and policies.
- Demonstrate leadership abilities as well as academic and co-curricular activity (CCA) accomplishments; and
- Have taken the SAT or made plans to take the SAT* (for additional information on the SAT and registration, please visit the College Board website). For individuals with a confirmed placement at NUS, NTU, SMU, or SUTD, the SAT is optional. The results must be submitted by March 31, 2022.
Nationality
The ABS 2022 Dr Goh Keng Swee Scholarship is open to all international students
Application Procedure
- The application period for the 2022 Dr GKS Scholarship will begin on 15 November 2021 and expire on 31 March 2022 at 23:59 Singapore time (UTC+08:00)
- Please apply online at www.pscgateway.gov.sg/app/gks/account/uidsignin.
- In April 2022, shortlisted applicants will be asked to take an online personality profiling test.
- Applicants chosen for the final interview should expect a session in late May/early June 2022. More details will be released at a later date.
- If you have any issues, please refer to the FAQs or email GKS [email protected].
Application Deadline
The application deadline ABS 2022 Dr Goh Keng Swee Scholarship is March 14, 2022
