100% subsidised tuition (after the MOE Tuition Grant) plus compulsory fees, an annual living allowance, an accommodation allowance, a one-time settling-in allowance, and travel allowance to/from Singapore. We could not pin down one fixed living-allowance figure — official snapshots we found ranged roughly S$6,000–6,500/year — so that specific number is unconfirmed, not fact.
Citizens of 15 Asia-Pacific economies, India among them (Singapore citizens and permanent residents are not eligible). Strong academic and co-curricular record; no interest or asset test. Genuinely competitive: only 3–4 scholarships are awarded per year across all eligible countries combined. Carries a 3-year bond to work for a Singapore-registered company after graduation.
The AY2026/27 application window closed 23 Feb 2026 and has passed. From the 2026 cycle onward, this scholarship (established 1993 by the Association of Banks in Singapore, renewed with a fresh S$10.8 million donation) is administered exclusively through NUS — it was previously tenable at NUS, NTU, SMU and SUTD. There is no separate scholarship application: you apply for NUS undergraduate admission and are automatically considered. The next cycle's exact application dates were not yet published at time of verification — check nus.edu.sg directly rather than assuming a repeat of last cycle's dates.
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