Financial Aid

The DUO-Singapore Fellowship is awarded by the Singapore Ministry of Foreign Affairs (MFA) to promote student exchanges between European and Asian Asia-Europe Meeting (ASEM) member countries.

The fellowship is awarded to full-time SMU undergraduate students who are Singaporeans and undergraduate students from partner universities in European ASEM member countries. Please note that Iceland is not a European ASEM member country.

For outgoing SMU undergraduate students, only shortlisted candidates will be invited by IO to apply.

For incoming undergraduate exchange students from European ASEM countries, you must be nominated for the award by your home university.  You must then complete the application form and submit all necessary documents as required.

The Young Talent Programme - Market Immersion (YTP - MI) is co-funded by Enterprise Singapore (ESG) and SMU. It aims to nurture a talent pool with in-depth knowledge of doing business in emerging and key Asian markets.

The YTP - MI programme supports SMU students who are selected for exchanges in partner universities in regional markets of Southeast Asia, India and China, and emerging markets in Latin America, Russia, Central & Eastern Europe, Africa, Central Asia & Middle East. This programme is only valid till AY 2018/19, Term 2 (Jan-May 2019) - inclusive.

This funding programme for ISEP will be discontinued from AY2019/20 onwards.

SMU has exchange agreements in the following countries listed below, and are supported by the YTP - MI grant: 

Latin America


Russia, Eastern & Central Europe
Czech Republic


Africa, Central Asia & Middle East
South Africa


Hong Kong


The quantum of the grant is as follows:
$300/week (subsistence allowance up to a maximum of 24 weeks*) + $600 (one-off travel allowance) 

*Number of weeks supported applies only to the official academic term of the Partner University, NOT inclusive of the orientation week.

Eligibility criteria

  • Full-time SMU undergraduate students
  • Singapore Citizens or Permanent Residents
  • Successfully accepted by Partner Universities (ISEP administered by SMU International Office)
  • Has not been awarded any scholarship or funding whatsoever by anyone in respect of the same items for which the student is granted funding under the YTP programme
  • Has not been the subject of any disciplinary action in SMU

SMU students who are successfully selected to go on exchange in the countries listed above and who fulfil the application criteria, will be invited to apply for the grant.


  • Students who are going on ISEP to the Partner Universities in the countries listed above does not by default, guarantee being awarded the grant.
  • Only shortlisted candidates will be invited by IO to apply for the funding grant.
  • The funding programme for ISEP will be discontinued from AY 2019/20 onwards.

The Japan Student Services Organisation (JASSO) Scholarship is available to students going to Japan on exchange. The scholarship provides students with a monthly stipend of 80,000 yen. The scholarship is very limited and is only offered by select Japanese universities each year.

More information on the JASSO scholarship is available at

This scholarship is established by the Singapore International Chamber of Commerce (SICC) to assist deserving full-time SMU undergraduate students to spend a semester of study in overseas universities. Please click here for more details.

Funded by a generous grant from Victor and Willam Fung Foundation, the Fung Scholarships are available for outstanding full-time local undergraduates at SMU proceeding for an exchange in overseas universities, as well as outstanding students from universities in China on exchange to SMU. The objective of the scholarships is to enrich the scholars' understanding in their field of study and expose them to different cultures and environment. Please click here for more details.

This scholarship is donated by an SMU Accountancy alumnus to support and motivate the University's exceptional talents in the School of Accountancy who are financially disadvantaged, and to spur them to greater heights of excellence. Please click here for more details.

The Temasek Foundation International LEaRN Programme 2018 @ SMU is funded by the Temasek Foundation. The programme has a unique twin objectives of developing a global outlook through overseas studies combined with active community involvement and contribution to social causes. Please click here for more details.

The Eurex Asia Scholarship is established by Eurex Frankfurt AG, Singapore Branch. It seeks to support deserving full-time SMU undergraduates embarking on overseas exchange programmes with SMU partner universities in Germany. Please click here for more details.

The SMU Overseas Student Programme (OSP) Loan Scheme allows Singaporean students to gain international exposure and develop a global mind-set through participation in relevant programmes such as the International Student Exchange Programme and the Summer Study Programme approved by SMU. Please click here for more details.

The application form and a checklist can be downloaded via OASIS > Personal & Finances.

The US-Singapore Summer Exchange Scholarship Programme was announced during Prime Minister Lee Hsien Loong’s Official Visit to the US from 31 July to 3 August 2016. It commemorates the 50th anniversary of diplomatic relations between Singapore and the US in 2016. The scholarship programme seeks to strengthen the excellent relations between Singapore and the US by deepening people-to-people ties. The scholarship programme will promote greater interaction and mutual understanding between the next generation of Singaporeans and Americans, by allowing recipients to attend a university summer exchange programme in each other’s countries.

The scholarship programme is jointly funded by the Government of Singapore and US companies and organisations, which include Applied Materials, Becton Dickinson, Mastercard and Micron Foundation. Over the course of five years, a total of 50 Singapore and 50 US recipients will receive the scholarship, which will provide funding support for recipients to attend a university summer exchange programme in each other’s countries. Each scholarship recipient will receive funding support capped at S$10,000, which covers tuition/programme fees, accommodation, airfare and a subsistence allowance.

For more information, please click here: