Master of Economics Scholarship – Eligibility, Benefits & How to Apply

🌟 About the Scholarship

Opens
Closes15 Jan, 2027

The Master of Economics Scholarship is a merit-based scholarship offered by the National University of Singapore (NUS) to outstanding students admitted to the full-time Master of Economics program. The scholarship provides substantial financial support throughout the one-year Master’s program. As a result, recipients can concentrate fully on their studies without worrying about tuition expenses. The award includes a full tuition fee waiver and a living stipend to help cover daily living costs while studying in Singapore. Furthermore, the University may award partial scholarships to deserving candidates who demonstrate strong academic merit and potential.

🎓 Scholarship Snapshot

Here’s everything you need at a glance: the documents to prepare, what the award covers, and key dates so you don’t miss a beat. From transcripts and essays to tuition and living support, this gives you a clear picture of the Master of Economics Scholarship before you apply.

Eligible Countries

Afghanistan, Albania, Algeria, Andorra, Angola, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Benin, Bhutan, Bolivia, Bosnia-Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cape Verde, Central African Republic, Chad, Chile, China, Colombia, Comoros, Costa Rica, Côte d’Ivoire, Croatia, Cuba, Cyprus, Czech Republic, Democratic Republic of the Congo, Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Greenland, Grenada, Guam, Guatemala, Guinea, Guinea Bissau, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Lao People’s Democratic Republic, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Namibia, Nauru, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Niue, North Korea, North Macedonia, Norway, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Scotland, Seirra Leone, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Korea, South Sudan, South-Africa, Spain, Sri Lanka, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syrian Arab Republic, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Trinidad-Tobago, Tunisia, Turkey, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vanuatu, Vatican City, Venezuela, Vietnam, Wales, Yemen, Zambia, Zimbabwe

Study Fields

Economics

GPA / Grade

GPA 3.0

Languages

IELTS 6.0, TOEFL iBT 85

Tests

Study Levels

Master's

Total Scholarships

Transcripts

Yes

Degrees

Yes

Essay

Yes

Passport ID

Recommendation Letters

Yes (2)

Result Date

Program Start

August 2027

Tuition Fee

Covered

Living Allowance

Yes

$6,000/month

Travel Allowance

Research Grant

Health Insurance

Visa Assistance

📞 Contact Information

Call if you want a quick answer, send an email for detailed questions, or follow the university’s social channels to keep an eye on updates and reminders. Use whatever fits your style and timezone.

Scholarship Summary

Award Amount$6,000/month
Deadline15 Jan, 2027
LevelMaster's
InstitutionNational University of Singapore
CountrySingapore
ModeOnline
TypeFully funded

Apply Now

The Master of Economics Scholarship is a merit-based scholarship offered by the National University of Singapore (NUS) to outstanding students admitted to the full-time Master of Economics program. The Department of Economics under the Faculty of Arts and Social Sciences administers the scholarship and awards it to exceptional candidates during the admission process. The program attracts academically excellent applicants with strong leadership potential from Singapore, ASEAN countries, and the rest of the world. Moreover, the scholarship helps talented students pursue advanced studies in economics while reducing their financial burden.

Background and Purpose

The scholarship aims to develop future economists who can address complex economic challenges through rigorous academic training and research. Therefore, the Master of Economics program provides advanced instruction in economic theory, econometrics, quantitative methods, and applied economics. Students also study macroeconomics, microeconomics, financial economics, international economics, public economics, development economics, and economic policy analysis. In addition, the program strengthens analytical, quantitative, and problem-solving skills that prepare graduates to contribute to economic research, policymaking, and industry.

Master of Economics Scholarship Benefits

The scholarship provides substantial financial support throughout the one-year Master’s program. As a result, recipients can concentrate fully on their studies without worrying about tuition expenses. The award includes a full tuition fee waiver and a living stipend to help cover daily living costs while studying in Singapore. Furthermore, the University may award partial scholarships to deserving candidates who demonstrate strong academic merit and potential.

Eligibility Criteria

Applicants must secure admission to the full-time Master of Economics program at NUS. They should demonstrate outstanding academic achievement and strong leadership potential. The scholarship is open to Singapore Citizens, Singapore Permanent Residents, applicants from ASEAN countries excluding Singapore, and applicants from all other countries. The University selects recipients based on academic excellence and overall merit.

Master of Economics Scholarship Application Process

Applicants do not need to submit a separate scholarship application. Instead, the University automatically considers all eligible candidates during the admission process. Afterwards, the selection committee evaluates applicants based on their academic performance, leadership potential, and overall suitability for the scholarship. In some cases, applicants may need to provide additional supporting information during the selection process.

Opportunities for Scholars

The scholarship allows students to complete advanced training in economics at one of Asia’s leading universities. Moreover, scholars develop strong analytical and quantitative skills that support evidence-based decision-making and economic research. Consequently, graduates prepare for successful careers in government agencies, international organizations, financial institutions, consulting firms, research institutes, the private sector, or further doctoral studies in economics and related fields.

Frequently Asked Questions (FAQs)

Who is eligible?

Applicants of all nationalities who receive admission to the full-time Master of Economics program and demonstrate outstanding academic merit are eligible for consideration.

How do I apply?

Eligible applicants are automatically considered for the scholarship when they apply for admission to the full-time Master of Economics program.

How are scholarship recipients selected?

Selection is based primarily on academic excellence and the overall strength of the admission application.