MAS Mid-Term Undergraduate Scholarship: 2026 Finance Policy Conversion Guide

Q: What does MAS Mid-Term Undergraduate Scholarship: 2026 Finance Policy Conversion Guide cover?
A: Conversion pathway for current undergraduates keen on MAS's flagship scholarship, outlining funding, internship requirements, and early career development in Singapore's central bank.

TL;DR
MAS's mid-term scholarship backs exceptional undergraduates with tuition, stipends, and a structured internship before bonding you to Singapore's central bank. Keep CAP high, excel during the 8-week attachment, and show purpose-driven leadership.

Compare it with other public-sector finance scholarships using our Scholarship Matcher so you know how MAS’s bond and rotations stack up before committing.

Scholarship Snapshot

• Status: Open Until 31 Dec 2025 (last checked 2025-10-13)
• Official Portal: MAS Scholarships
• Who It Targets: Singapore Citizens/PRs (willing to take up citizenship) in or before their penultimate year of undergraduate study
• Eligibility: Strong academic results, leadership in CCAs/community, and passion for finance & public service
• Bond: 4 years for local sponsors, 5 years for overseas non-English, 6 years for overseas English-speaking programmes (pro-rated for mid-term conversions)

Award Coverage

• Tuition and approved fees for remaining candidature.
• Monthly maintenance allowance and pre-studies grant.
• Return airfare for overseas scholars.
• Guaranteed 8-week internship with MAS (typically during Year 2 summer) prior to final award confirmation.

Development Journey

• Internship evaluation: Performance during the compulsory attachment informs final scholarship decision.
• Graduate experience: Rotations across monetary policy, financial supervision, fintech & innovation, reserves management, and sustainability.
• Learning support: Professional training, postgraduate sponsorship opportunities, and mentoring by MAS leaders.

Application Roadmap

1. By Oct 2025: Submit application via MAS careers portal with transcripts, CCA record, and essays.
2. Nov – Dec 2025: Complete psychometric assessments and case exercises.
3. Dec 2025 – Feb 2026: Attend panel interviews covering policy scenarios, economic trends, and personal motivations.