Jakarta, April 1, 2024 - In the beginning of April, The Indonesia Endowment Fund for Education Agency (LPDP) and Nanyang Technological University (NTU) met and signed an agreement to strengthen their cooperation in the joint scholarship program that has been ongoing.
The signing of the agreement for the Joint Scholarship with a Co-Funding scheme between LPDP and NTU was conducted by LPDP's CEO, Andin Hadiyanto, and NTU's President Professor, Ho Teck Hua, at the LPDP JB Sumarlin Building on Monday (ΒΌ) morning at 10:00 AM WIB.
This cooperation agreement allows Indonesian students to pursue Master's and Doctoral degrees at NTU Singapore in the fields of STEM and Non-STEM. Specifically, the Doctoral program covers engineering, science, computing and data, business, as well as humanities and social sciences. Meanwhile, the Master's program is specifically for the MBA program.
The LPDP-NTU Joint Scholarship is listed as a Priority Scholarship available during LPDP Scholarship Registration Phase 1 and Phase 2, which will open in June 2024.
The co-funding scheme between LPDP and NTU will cover tuition fees, living expenses, and several other financing components. Detailed requirements, terms, and study programs can be found on the LPDP website under the Targeted Scholarship section.
"Our collaboration with NTU will serve as a model for LPDP to not only target a large number of scholarships and priority fields, but also to build and develop a sustainable innovation system consisting of talent development, research activities, and entrepreneurship/startups," said Andin Hadiyanto.
Meanwhile, Prof. Ho stated that this scholarship cooperation is part of international collaboration and an investment in the potential talent of Indonesian human resources.
"We look forward to the contributions of these graduates as NTU alumni in their home country, in Singapore, and in this region," said Ho in his press release.
It is known that this co-funding program is a continuation of NTU's partnership with the Ministry of Education, Culture, Research, and Technology (Kemendikbudristek) called INSPIRASI (Indonesia-NTU Singapore Institute of Research for Sustainability and Innovation).
The scholarship program, run by Kemendikbudristek, is a five-year collaborative research program funded by LPDP and focuses on climate change and sustainable development.