$641,000 Raised for New NUSS Bursary

01 September

A newly endowed bursary, named the NUSS Bursary, has been established at National University of Singapore (NUS) with an initial funding of $641,000. This amount was raised through the NUSS Charity Golf 2022, organised by NUS Society (NUSS) on 1 September 2022, with a matching contribution of $100,000 from the Tote Board – the highest amount raised at NUSS’ charity golf events. The golf flights were played at the Tanah Merah Country Club and ended with a dinner held at NUSS’ Kent Ridge Guild House. The Guest of Honour for the dinner was NUS President, Professor Tan Eng Chye (Science ’85). During the dinner, a cheque for the amount raised was presented to Prof Tan by NUSS President, Mr Edward Tay (Law ‘92).

The establishment of the NUSS Bursary is another fundraising initiative, aimed at supporting the NUS Alumni Bursary Fund (ABF) Campaign. The ABF campaign, led by NUS alumni, was launched in 2013, with an annual gift pledge of up to $250,000 by NUSS. The campaign aims to cultivate the spirit of giving among NUS alumni and friends, and provide financial assistance to NUS’ needy students. To date, NUSS has donated $2.25 million in fulfilment of this pledge. With the collective efforts and strong support of the NUS alumni community, the ABF campaign has raised in excess of $25 million since its inception.

The NUSS Bursary, like the previously established NUSS Golf Section Bursary, as well as all the other named bursaries established under the ABF campaign, is an endowed bursary. The capital on these bursaries will not be drawn upon. Instead, bursaries will be awarded from investment income generated by the amounts contributed and matching contributions from the government. Every $25,000 donated to NUS, will enable the University to award perpetual bursaries of around $2,500 per year.

An additional amount of $40,000 was raised from the NUSS Charity Golf this year, which will go towards supporting two of the NUSS adopted charities, namely, Children’s Wishing Well and Dover Park Hospice. Each of these organisations will receive $20,000 in donation – reflecting NUSS' resolve to ensure the accessibility of education to all students, and also champion comfort care, a cause close to the NUSS' community's hearts. NUSS President Mr Edward Tay, also shared, “NUS has shown its commitment to meritocracy and equality of opportunity through the financial support schemes it has recently announced. NUSS is honoured to be able to support this initiative with its pledge and annual fundraising efforts”.

Submitted by Ms Teo Kuan Yee (Arts and Social Sciences ’94).

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