NTU receives $11 million gift to further medical education and healthcare research
NTU Singapore will be receiving an $11 million gift from the Estate of Irene Tan Liang Kheng to set up an endowment fund to further medical education and research in healthcare.
The gift to NTU is the largest by the Estate to a single beneficiary. With matching by the Singapore government, the total endowment raised is $22 million.
The gift was formalised at a signing ceremony today between NTU President Subra Suresh and the Trustee of the Estate and nephew of Irene Tan Liang Kheng, Mr Tan Hsuan Heng.
The Irene Tan Liang Kheng Memorial Fund will be established at NTU to support the university's Lee Kong Chian School of Medicine (LKCMedicine). The Fund will further help LKCMedicine in its efforts to ensure that deserving Singaporean students will not be deprived of the opportunity to pursue a quality medical education due to financial difficulties. Starting from the next academic year in August 2019, one scholarship will be awarded for each year's cohort.