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Singapore Indian Education Trust -
Charitable Trusts, Study Loans, Bursaries, Scholarships
Singapore Indian Education Trust (SIET)
Contact:
Address: 1 Beatty Road
Singapore 209943
Tel: (65) 6296-2855
Fax: (65) 6296-2855
e-mail:
sieto@singnet.com.sg
Website:
http://www.siet-trust.org.sg Categories: Education, Schools, Tuition Centres,
Tutoring Services, Non-Governmental Organisations Company Profile: Charitable trust set up by trade
unionist G. Kandasamy to help poor Indian students continue
their education; offers interest-free study loans, bursaries
and scholarships to the deserving poor.
Singapore Indian Education Trust is an organisation
dedicated to helping needy and deserving Singapore
Indians advance in their education, by giving them
financial assistance, when required. Established in
1967, we are an approved non-profit community based
charitable organisation.
The days immediately after Singapore separated from
Malaysia in August 1965 were times of scary economic
uncertainty. With the abrupt truncation from the
Malaysian hinterland, and the formal announcement
that the British military basing in Singapore would
be terminated in 1971, most political and economic
commentators offered scant hope for Singapore’s
independent survival.
The Indian community in Singapore, because of its
small size and its high dependence on the British
bases for both white-collar jobs and unskilled
labour was, unfortunately, in pole position to bear
the brunt of this development.
The Inauguration of SIET
While the pedantic details of setting up “an
institution of public character” were being ironed
out, there was the practical issue of raising the
capital fund through voluntary contributions from
prospective Trustees. As at 31st December 1967 the
funds of the Trust stood at exactly $3,297.10. From
the records, the first year of the life of the Trust
had been a grim one, drawing from Mr. Kandasamy some
bitter observations, but by no means leaving him
bowed. His faith in the project never wavered and
the donations continued to dribble in. By 31st
December 1969 the funds stood at $5,026.32 while the
Annual report for 1971/72 records that the Fund had
hit $25,193.46 as on 31st December 1971.
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