08 Apr '11, 9am

CDAC raises income eligibility criteria for CDAC-SFCCA scheme

CDAC raises income eligibility criteria for CDAC-SFCCA scheme

SINGAPORE: The Chinese Development Assistance Council (CDAC) has enhanced its bursary scheme to keep in line with rising costs of living and household income. As a result, it expects to disburse $S1 million to 3,000 students next year. This is S$270,000 or 37 per cent more than 2011. The number of bursary beneficiaries is also up by at least 25 per cent, or 600. Manpower Minister Gan Kim Yong announced the changes to the CDAC-SFCCA bursary scheme after visiting NUS. A science-based CDAC enrichment programme has been conducted at the campus since 2009. Next year, Chinese students from families in the lowest 10 per cent income group or those with monthly household income of less than S$1,500 can qualify. This is an increase up from the previous S$1,000 monthly income. Gross monthly household per capita income now must not exceed S$375, up from the previous S$300 limit. ITE s...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

Tweets

BoJ holds fire, sets loan scheme for quake-hit ...

todayonline.com 07 Apr '11, 10pm

TOKYO - The Bank of Japan (BoJ) yesterday kept monetary policy steady and launched a loan scheme for banks in the north-ea...

YES! Startups Scheme:

I read about this scheme in the Sunday Times. YES stands for Youth Entrepreneurs Scheme. It is a scheme specially designed...