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Marina Bay Sands and its parent company, Las Vegas Sands Group, set up a US$1 million Sands Tourism Scholarship, equivalent to more than S$1,397,000, to cultivate tourism, catering and hospitality management talents for Singapore.
The scholarship scheme will last for at least three years and Singaporean students aged 2 or above who are studying in the relevant subjects at six local institutions of higher learning in Singapore will be eligible to apply for the scholarship from next year, with more than 100 students expected to benefit. The scholarship is part of sands care community engagement program.
The six institutions are Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Temasek Polytechnic and Singapore Polytechnic University.
The scholarship is not subject to any contracting conditions and will assist the scholarship recipient in meeting the educational expenses for at least three years. Students can use the amount to cover tuition fees, teaching materials, expenses for participating in overseas exchange activities, or other activities. Scholarships are open for application next year, and students in the second year and above can apply through their respective institutions.
Chow Kin Ming, Director of Curriculum at Temasek Polytechnic, said students were already able to intern abroad, so the scholarship came at the right time.
"It's not enough to rely on universities to create talent in the hospitality and catering industry, we need the support of businesses, and Sands' scholarships are the first shot, confirming the recovery trend in the tourism industry, affirming the choices of current students, and encouraging young people to join this fluid but exciting industry."
He also said it was expected that 19 Temasek Polytechnic students would benefit from this, with each expected to receive around S$10,000 in funding.
Ron Rees, senior vice president of global communications and corporate affairs at Sands, believes the hospitality industry needs more talent as the travel industry recovers. Ron Rees said this provides the company with a platform to nurture the next generation of industry leaders and also contribute to the local hospitality industry.
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