Bursaries & Financial Aid (Enhanced)

We believe everyone deserves a chance to receive the best possible education. SIM offers bursaries and grants, and constantly looks out for partners to assist our students facing financial difficulties.

If you will like to speak with us to find out more on any financial assistance you may be eligible for, within or outside of SIM, please do email us at finaid@sim.edu.sg with a description of your current financial situation at home. We will get in touch with you shortly after receiving your email.

 
bursaries-financial

Enhanced Financial Aid (Bursary)

This bursary aims to provide financial assistance to needy students studying at SIM Global Education (GE).

  • Tuition fees coverage of up to S$13,500 for Singapore Citizen, or up to S$6,000 for Singapore Permanent Resident, tenable for one year of study
  • Open to Full-time / Part-time SIM GE students pursuing Undergraduate programmes
  • No repayment required, unless the recipient discontinues his or her studies

 

Learn more

bursaries-financial

SIM GE Crisis Fund

This Crisis Fund aims to provide emergency financial support to needy students studying at SIM Global Education (GE). 

  • Value of the fund up to S$5,000 for each eligible student
  • Open to Full-time / Part-time SIM GE students pursuing Foundation, Diploma, Undergraduate or Postgraduate programmes, excluding those who are currently in Bridging / Preparatory / Certificate in English course
  • No repayment required

Learn more

Other SIM Financial Schemes

The Richard K M Eu-SIM Social Entrepreneurship Centre (RESSEC) believes in empowering students to make a positive impact on the world. We have 12 bursaries to award to SIMGE students who can demonstrate their commitment to service and have  the qualities needed of a future leader to make a significant impact on society. This bursary award of S$10,000 each is a recognition of their efforts in contributing positively to the local community and as an encouragement to continue their commitment to service.

The bursary award is given based on PCI* as well as extent of social service involvement. We encourage all eligible SIMGE students to apply for this bursary.

*PCI is computed based on average monthly gross household income divided by the total number of household members.

Eligibility Criteria:
•    Singapore Citizen or Permanent Resident
•    Per Capita Income (PCI) up to S$1,750, with priority given to those whose PCI is S$1,000 or less.
•    Showcase active participation in community service activities. 
•    Have an active enrolment status at time of application.

Required Documents:
•    Completed Bursary Application Form with ALL the required details
•    Family particulars and a copy of their latest income statement - submit all members' CPF statements & Payslips (employed), CPF Statements & Tax Assessment Notices (self-employed/retiree).
•    A letter of recommendation and/or certificates from the School or community leaders, highlighting your community service contributions.
•    Your academic transcript (if available).
•    Your past bursary award notification (if applicable).


Things to Note:
•    Please ensure that your bank account details are updated in SIMConnect before applying for bursary. If awarded, the award amount will be credited directly into your bank account by September 2025 (any delays will be notified).
•    Bursary recipients will need to make course fees payment first and have started classes before the bursaries can be disbursed. 
•    Bursary recipients to consent to SIM featuring their story and community involvement experience as an inspiration to others.
•     The bursary must be refunded in part or in full if the student discontinues his or her studies within one month after the disbursement.

Contact email
RESSEC@sim.edu.sg

Bursary Application Form (via Mymail account only) 
https://bit.ly/ressec-bursary2025 

Please submit application form and all required documents by 30th June 2025.

Incomplete application or document submission will not be processed. 

The SIM Study Abroad Award offers financial support to eligible SIM Global Education (SIM GE) students participating in approved overseas exposure programmes. These short term international experiences allow students to broaden their worldview and develop global perspectives through immersion in different cultures, communities and education systems.

Award Value
The award amount is determined by the SIM Study Abroad Award Selection Panel, based on academic merits, Per Capita Income (PCI) tiered financial need, and active involvement in SIM student life and community engagement. Please note that not all eligible applicants are guaranteed an award. Applicants who fall under Tier 1 may be considered under Tier 2 should Tier 1 be oversubscribed.

PCI Based Tier Structure (Effective 2026)
Name of Award Met eligibility criteria and the Per Capita Income (PCI) range Reimbursement Amount (airfare and accommodation only)
SIM Study Abroad Award – Tier 1  S$0 – S$600 Up to S$7,000
SIM Study Abroad Award – Tier 2  S$601 – S$3,000 Up to S$4,000

Definition of PCI:
PCI = Total Gross Monthly Household Income ÷ Number of Household Members
(Gross income includes salary before CPF, overtime, allowances, bonuses, commissions.)

The award covers return economy airfare and basic accommodation, subject to terms and conditions, and are given on a reimbursement basis, up to the approved awarded cap and not exceeding the actual eligible expenses.

Eligibility Criteria
Applicants must meet all the following requirements:
  • Be a Singapore Citizen or Singapore Permanent Resident
  • Be a current SIM GE student pursuing an eligible undergraduate programme listed in Table 1
  • Have enrolled and commenced classes
  • Be formally accepted into an approved exchange, study abroad, summer school, or immersion programme.
  • Fall within the PCI bracket of $3,000 or below
  • Demonstrate strong academic performance 
  • Possess outstanding records or show active involvement in SIM student life and community engagement. External volunteering is considered a bonus but does not replace SIM based involvement.
  • Maintain good conduct with no serious disciplinary cases
Students who have received SIM scholarships or bursaries are eligible to apply, subject to declaration. They must continue to fulfil all existing obligations and conditions attached to any bursary, scholarship, or award previously granted.

Study Abroad Programmes
Table 1: Exclusively for current students from these programmes only
University Programmes Study Abroad Programmes Country
University of London
  • UOL EMFSS BSc Programmes
LSE Summer School London, UK
University of Birmingham
  • Bachelor of Science (Honours) International Business (Top-up)
BSc IB Study Abroad Programme Designated universities stated by UOB
  • Bachelor of Science (Honours) Business Management suite of programmes (excluding International Business and Accounting & Finance)
Spring School Birmingham, UK
  • Bachelor of Science (Honours) Accounting and Finance
Summer School Birmingham, UK
University of Stirling All undergraduate programmes
  • Semester Abroad
  • Summer School
Stirling, Scotland, UK
University at Buffalo All undergraduate programmes UB Bound     Buffalo, US
RMIT University All full-time undergraduate programmes Inter-location Mobility Programmes Melbourne, Australia
University of Wollongong All undergraduate programmes UOW Exchange Programmes Wollongong, Australia
Note: The programmes listed are subject to periodic review and may be updated or changed by SIM GE.

Tenure Period and Conditions
  • The award is tenable only for the duration of the approved study abroad programme at the designated universities.
  • No repayment is required unless the student discontinues the study abroad programme, or breaches any of the terms and conditions stated in the SIM Study Abroad Award Agreement, in which case a partial or full refund may be imposed.
Expected Contributions
  • Awardees need to successfully complete the study abroad programme.
  • Awardees are to serve as Student Ambassadors at SIM GE Open Houses, Education Fairs and/or other events.
  • Awardees are to serve as Peer/Alumni Mentors/Ambassadors for at least 3 months in one of the SIM mentoring programmes, such as Peer Assisted Learning (PAL) leaders, ISO Buddies, Student Learning Assistants, etc.
  • Awardees are expected to support SIM marketing efforts by contributing photographs, video and other recordings relating to the SIM Study Abroad Programmes.  

Application Period
Application Period Closing Date Processing Period Notification
Mid February – Mid March Mid March  Mid March – End April  May
  Mid August – Mid September    Mid September  Mid September – End October November


Application Process

1. Prepare required documents.
Click here for the full checklist (PCI proof, programme acceptance, etc.).

2. Apply via SIMConnect by following the path below:
My Apps → Self Service → Campus Finance → Financial Aid → Apply for Bursary/Award → SIM Study Abroad Award

3. Enquiries
For any enquiries, applicants may email: higher-ed@sim.edu.sg

Students who participate will gain valuable cross-cultural experience, expand their global perspective, and apply their knowledge in real-world settings while making a positive impact through volunteering in international community projects. 

Additionally, students with a Per Capita Income below S$1,750 will be eligible for a funding of $450.

For more information, please contact us at:
sdev@sim.edu.sg

The award is designed to provide financial assistance of S$3,000 to new undergraduate students from ASEAN countries (excluding Singapore). 

Value
$3,000

Eligibility Criteria
  • New students from ASEAN countries taking undergraduate programmes at SIM  (Brunei Darussalam, Myanmar, Cambodia, Indonesia, Laos, Malaysia, Philippines, Thailand, and Vietnam) 
  • Must have enrolled and started classes
  • Good high school/National High School Exam results
  • Leadership qualities/experience

Things to Note
No application is required for this award. 
Selection will be based on academic merit, and shortlisted candidates will be invited for an interview/meeting as part of the selection process.
 

External Financial Schemes

As we learn about new opportunities to help our students, we will update this list with more financial assistance programmes.

Please click on the following link for some of the available external financial assistance which you may be eligible to apply for.

You may also be interested in the following financial assistance.

The Association of Muslim Professionals (AMP) was established on 10 October 1991, offering core programmes in education, human resource development, social development and research.

The AMP Education Bursary seeks to recognise students for their academic achievements and be a source of motivation for them to strive harder in their studies.
  • Monetary assistance of $1,000 (for degree students)
  • Open to selected local degree students of all races

Enquiries & more information
Phone: 6416 3966
Email: corporate@amp.org.sg

Learn more on AMP’s website

Lembaga Biasiswa Kenanga Maulud (LBKM) was formed in 1965 with the concerted determination and commitment of the leaders of about 70 Malay/Muslim organisations. They felt the need to have an organisation that can cater to the financial needs of the needy students.

Since its establishment, LBKM’s focus has been to provide financial assistance in the form of bursaries to needy students.
  • Monetary assistance of $1,200 to $1,800 (for degree students), or $600 to $1,000 (for full-time diploma students) 
  • Open to Singapore citizens 
  • Also open to applicants under 21 years old with at least one parent who is a Singapore citizen

Enquiries & more information
Email: enquiries@lbkm.org.sg

Learn more on LBKM’s website

Muslimin Trust Fund Association (MTFA) is a registered charitable Muslim organisation in Singapore. It aims to provide financial assistance to Muslim students from lower-income families in Singapore, as well as to orphans who wish to further their education in various fields. 
  • Monetary assistance of $2,000 (for degree students) or $1,000 (for diploma students) 
  • Open to Muslim students from low-income families who are pursuing full-time pre-tertiary and tertiary education 

Enquiries & more information
Phone: 6746 5729 (Mon-Fri, 9am to 5pm)
Email: welfareaid@mtfa.org

Learn more on MTFA’s website

The Sivadas-HEB Education Fund, a fund established by the trustees of the Estate of the Late Sivadas Sankaran, provides needy Hindu children with financial assistance to get a good education.

The Fund invites Hindu students from low-income families pursuing tertiary education to apply for a Tuition Subsidy to help them meet the cost of their education.  
  • The subsidy will be up to 50% of the yearly tuition fee, subject to a maximum as determined by the Sivadas-HEB Education Fund Committee 
  • Open to Hindu students from low-income families pursuing tertiary education
Learn more on Sivadas-HEB’s website