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The Cocoa Trees Endowed Bursary

About the Bursary

Established in 2014, The Cocoa Trees Endowed Bursary aims to provide financial support to full-time undergraduates from the School of Economics at the Singapore Management University and to motivate them to achieve all-round excellence.

Eligibility Criteria

  • Full-time undergraduates from the School of Economics
  • Preference for Singapore Citizens or Singapore Permanent Residents
  • Gross monthly per capita household income not exceeding $1,900
  • Priority will be given to students with evidence of financial hardship


Four bursaries will be awarded annually and in perpetuity, commencing Academic Year 2016-17.

Tenure and Benefits

  • Each bursary, valued at $6,000, is tenable for the  one year of study.
  • The bursary will go towards funding the recipients' annual tuition fees.
  • The recipients may be in concurrent receipt of another bursary for cash allowance, subject to fulfilment of its eligibility criteria.


Not required

Tuition Grant Scheme

  • The recipients are required to take advantage of the Tuition Grant Scheme (TGS) provided by the Singapore Government for subsidised education.
  • Under the TGS, non-Singaporean recipients (including Singapore Permanent Residents) will be contractually obliged to work for Singapore-based companies for 3 years upon graduation.


Shortlisting of candidates for consideration will be from the list of applicants applying for SMU-administered bursaries in the year of award.


Centre for Student Financial Assistance
Office of Undergraduate Admissions and Financial Assistance

About the Donor

Cocoa Trees Endowed Bursary is made possible by the kind gift of Mr Paul Loo Lip Giam to provide financial assistance to full-time undergraduates who are pursuing Economics studies at SMU. Mr Loo, award winner of the prestigious Ernst & Young Entrepreneur of 2013 Singapore, is the Group CEO of FOCUS Network Agencies Singapore, which owns and operates ‘The Cocoa Trees’ chocolates retail chain. Founded in 1991, FNA has grown over the past 22 years to become an undisputed leader in the marketing and distributorship of premier chocolate brands in both Singapore and the Asia Pacific region.


>> Click here to return to Financial Assistance Schemes for SMU undergraduates.

Last updated on 1 Mar 2017.