Are there good scholarships or financial aid options for NUS MFin, and how hard is it to get them?

Question

S Raghav · Accepted Answer

Yes, there are scholarships and financial aid options for NUS MFin, but they are limited and very competitive. The main ones include the NUS Research Scholarship, NUS Graduate Scholarship for ASEAN Nationals, and a few merit-based awards tied to academic and professional excellence. For international students, these are hard to secure since only a small percentage of applicants receive them.
Strong academics, a GMAT Focus score above 625, or achievements like CFA Level 1/2 usually improve chances. External funding like the Singapore International Graduate Award or industry-linked scholarships may also be available, but those often have obligations attached. Most students plan to cover fees through loans or savings and treat scholarships as an extra benefit if awarded.

B.K Sharma · Answer

Most people find that scholarships for NUS MFin are hard to come by, which is why self-funding ends up being the default.

NUS does provide a few merit awards such as the NUS Merit Scholarship, usually reserved for exceptional applicants with top GPAs, finance work experience, or professional certifications.
External funding exists but is less accessible for professional master&rsquo;s programs.
The school has tie-ups with banks in Singapore that offer education loans at student-friendly rates, which international students often use.
Applying in the first round helps because scholarship decisions are usually tied more closely to early applicants.

In most cases, these awards cover only about 10&ndash;25% of tuition, so while they help, they rarely cover the bulk of the cost. Most students still plan finances with the assumption of paying full fees.For more details you can read this blog on "NUS MFIN"

Hema A · Answer

NUS MFin does offer scholarships, but they&rsquo;re limited and very competitive. The most common ones are merit-based awards given at admission, often covering partial tuition rather than the full cost. Strong GMAT scores (usually 700+), excellent academics, and solid professional experience are key factors.
Some students also explore external funding through Singapore government-linked awards or industry-sponsored scholarships, though those usually come with work obligations. It isn&rsquo;t easy to secure aid, but a standout profile with clear leadership or regional impact tends to have a better shot.

Mohit C · Answer

Scholarships for the NUS MFin aren&rsquo;t plentiful, but they do exist.

NUS offers a few merit-based awards that can reduce tuition by 20&ndash;30%.
Competition is tough, as they&rsquo;re given to top-ranked applicants in each intake.
External sources like the Singapore International Graduate Award or company sponsorships are alternatives, though not tailored only to MFin.
Students sometimes offset costs with part-time research or teaching assistantships, which provide modest stipends.

Overall, aid is there, but planning with the expectation of self-funding is the safer route.