Lim Hoon Foundation endows $3 million towards scholarship at SMU

Mr Andy Lim (left), Group CEO of JLFO and Director of LHF, presented the cheque to SMU President Professor Lily Kong (right) at a ceremony held at SMU on 20th April 2022.

In continuing to fulfil the late Lim Hoon’s legacy of offering equal access to a holistic education, the Lim Hoon Foundation (LHF) has made an endowed gift of $3,000,000 to the Singapore Management University (SMU). Together with the MOE matching grant of $1 million, the total endowed amount of $4 million will be used to establish the JLFO-LHF Scholarship (Scholarship).

The Scholarship is valued at $40,000 and will provide each recipient $10,000 per year, and up to four years of their studies. In the inaugural year commencing academic year 2022/2023, nine scholarships will be awarded, and thereafter, three new scholarships will be granted every year to eligible Singaporean or PR undergraduates studying at SMU. By Academic Year 2026/2027, there will be a steady stream of twelve scholars every year.

This new scholarship is one of the many gifts and programmes that the LHF has supported over the years to ensure deserving students can have access to a holistic educational experience at SMU, even when their circumstances may deny them such opportunities. Mr Andy Lim, Director of the LHF, has given much of his time and attention to mentor the scholars, build their confidence and nurture their lives.

LHF’s continuing efforts to engage the scholars and alumni through myriad activities exemplifies their desire to impart values and change lives. In particular, the LHF Scholars Circle was established to bring together current and previous students who had benefitted from the Foundation’s generosity so that they may stay connected, expand their networks, and undertake meaningful community service projects in the spirit of giving back to the society.

LHF’s strong, unwavering support is a clear testament of their belief in the quality and rigour of SMU’s transformative education and propels us to continue to deliver the highest quality education to our students.

More info: https://news.smu.edu.sg/news/2022/04/20/lim-hoon-foundation-establishes-3-million-scholarship-smu