Quantedge Foundation – SUTD Education Opportunity Grant

The Quantedge Foundation – SUTD Education Opportunity Grant guarantees that every eligible undergraduate student with effect from Academic Year 2020/2021 will be able to fully offset the equivalent of tuition fees and mandatory Freshmore housing fees, after taking into account all scholarships, grants and bursaries from other donors and/or the Singapore Government.


  • Singapore Citizens enrolled in a full-time undergraduate programme at the University, with their first year of study on or after Academic Year 2020/2021
  • Demonstrated financial need with monthly household per capita income of S$2500 and below
  • Recipient and immediate family members residing in the same household must not own any private property, and must be residing in a 4-room type HDB flat or smaller


Each qualifying student is guaranteed the Award for a maximum of four Academic Years (8 academic terms) of undergraduate studies, subject to recipients fulfilling the eligibility criteria at each annual review.

Benefits of Award

  • Each Award is valued at S$7,500 per Academic Year.
  • The Award shall be applied towards the payment of the recipients' subsidised tuition fees, Freshmore housing fees and other study-related expenses.
  • No bond is required of each Recipient.

Things to Note

Recipients must take up the Tuition Fee Grant Subsidy by the Singapore Government.

Students must not be a recipient of any other donor-named scholarship from or administered by the University.

Quantedge Foundation is a philanthropic foundation that aims to deliver impactful solutions to social issues and challenges in Singapore. Established by the principals of Quantedge Capital, the Foundation is registered as a Charity and has been an Institution of Public Character in Singapore since February 2016.

Quantedge Foundation believes that every youth should have an equal opportunity to succeed. We support programmes that equalise access to education and opportunities, and improve social mobility. Working with partner organisations such as SUTD, we design programmes that alleviate unfavourable starting conditions in life and expand the opportunity set for underprivileged youths, as a pathway to lifting them and their families out of inter-generational poverty.

The Foundation has also supported efforts to promote a more inclusive and caring society, by raising awareness of vulnerable communities in Singapore and seed-funding projects to meet their diverse needs.


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