News Details | 14-Mar-2010

KOH BOON HWEE MAKES $2.5 MILLION GIFT TO NTU - Gift by Chairman of NTU’s Board of Trustees honours inspiring teachers and faculty members who have made a significant impact on top NTU students

Nanyang Technological University (NTU) is pleased and honoured to announce that Koh Boon Hwee, Chairman of NTU’s Board of Trustees, has made a personal gift of $2.5 million to the University.

Together with the Singapore Government’s dollar-for-dollar matching, the gift will establish a $5 million endowment fund that will support the University Scholars Award which was launched in 2007.

The University Scholars Award will be renamed the Koh Boon Hwee Scholars Award in recognition of Mr Koh’s generous gift.

The Award recognizes the scholastic achievements and leadership abilities of the University’s top students. More importantly, it also honours inspiring teachers and faculty members who have made a significant impact on these students.

The Koh Boon Hwee Scholars Award is awarded to a selected number of graduates from the top 1 per cent of the University’s graduating cohort who, aside from having outstanding academic results, also display strong leadership abilities and the potential to contribute to society. The Award is open to Singapore citizens, Singapore Permanent Residents and international students pursuing an undergraduate education at NTU.

Each Award winner will receive a gold medal and a Certificate of Honour. He or she will nominate an NTU faculty member and a teacher from his or her former junior college, polytechnic or equivalent educational institution who has been an inspiration to him or her. The nominated NTU faculty member and teacher will each receive a Certificate of Honour.

What is truly different about the Koh Boon Hwee Scholars Award, however, is that it also comes with a one-off cash grant of $5,000 that will be set up in the name of the teacher honoured who may then award the cash grant to a deserving student from his or her school or region to study in NTU. 

Said Mr Koh, “Education is the cornerstone of economic growth and social development, and dedicated teachers form the backbone of our education system.  Many of my teachers have left a lasting impression on me.  Not only did they impart knowledge, but they helped forge a strong sense of purpose and built character.  Good teachers unknowingly leave an enduring legacy as they shape lives and make a difference to generations of students.

He added, “This award recognizes outstanding graduating students, but more importantly, it recognizes and honours the teachers and faculty members who made an impact in their success.  It passes on the legacy; the Award allows for a tangible benefit to be passed by the teacher being honoured to a future generation of students, so that they too can experience the world class education that NTU offers.”

NTU President Dr Su Guaning remarked, “We are deeply honoured and grateful to our Chairman for this generous gift to NTU. Renowned for his business acumen, he has also displayed with his gift a deft ability to combine reward and recognition with far reaching impact on the lives of many future generations of students both within and outside of NTU.

“This inspired – and inspirational – gift is testimony of his firm personal belief in NTU and its vision of becoming a great global university that is distinguished not only by excellence in teaching and research, but also excellence in service to our nation and the global community.”

He adds, “Mr Koh’s generous vote of confidence serves as a wonderful case of leading by example.  The multiplier effect of this gift will touch many lives, serving for years to come as an inspiration and role model.”

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Media Contact:

Hisham Hambari
Assistant Director
Corporate Communications Office
Nanyang Technological University
Tel: (+65) 6790 6447 

Edgar Lee 
Senior Assistant Director
Corporate Communications Office
Nanyang Technological University
Tel: (+65) 6790 6052 

About Nanyang Technological University 

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