Firstly, NTU will establish the NTU Opportunity Grant to support undergraduates who face the greatest financial need.
United Overseas Bank (UOB) and the Wee Foundation have pledged a combined $110 million to Nanyang Technological University, Singapore (NTU Singapore). With government matching, the gift will create an endowment of up to $275 million, according to an April 14 announcement.
With the donation, NTU plans to launch three educational initiatives that will benefit up to 1,200 NTU students and 1,500 individuals from disadvantaged backgrounds each year.
