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OEP FINANCIAL AID

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Financial Aid

OEP Subsidy 

NTUitive will provide a subsidy for Singaporeans and Singapore PRs to cover for the air ticket(s), travel and health insurance, visa expenses and medical check-up (terms and conditions apply).

All students are encouraged to arrange for a chat session with the OEP staff by sending an email to oep@ntu.edu.sg to understand more about the financial impact of the programme.

 

Overseas Student Programme Loan (OSP Loan)

The OSP Loan is open to financially needy full-time NTU Singapore undergraduates and is managed by the Office of Admissions and Financial Aid in NTU Singapore. For students who are embarking on a joint OEP and GEM Explorer programme and are interested in a loan, they must apply for the OSP Loan under the OEP. All enquiries regarding the Loan should be directed to OAFA via FinAid@ntu.edu.sg. Please visit the website (http://www.ntu.edu.sg/NSS/NSSFinance/FinancialAssistance/Pages/Overseas-Entrepreneurship-Programme.aspx) for more information.

OSP Application Period for OEP for AY2019/2020 Semester 1 will be as follows:

Financial Aid Application period

Financial Aid Scheme Available for Application

Release of Outcome to Students

4 September 2019 – 18 September 2019

OSP Loan

7 October 2019 – 11 October 2019

 

Enterprise Singapore (ESG) Young Talent Programme (YTP) Grant

Enterprise Singapore’s YTP – Market Immersion programme provides funding support for students to gain exposure to relevant industries.

 

Funding Amount

The YTP-Market Immersion fund amounts to up to 2 times the subsidy that you will receive from NTUitive. The maximum grant that you can receive is S$5,500 (China) / S$7,000 (Israel) if you are on the 1-year programme [terms and conditions apply].

 

Eligibility

·         Singaporean and Singapore PR only

·         Students must be going to China or Israel for OEP

·         Students must not hold any external scholarships or award which provides funding for airfare and subsistence allowance for OEP

 

Application Procedure

If you fulfil the above eligibility, OEP will send you the application instructions and deadlines via email.

 

Obligations

Students who have received and accepted the offer for the YTP-Market Immersion programme must complete a YTP Report and email to OEP within 2 weeks after the end of your OEP.