Banco Santander establishes scholarships at Yale-NUS College with US$800,000 gift
Santander Universities Communication
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Santander News Singapore Universities
Banco Santander establishes scholarships at
Yale-NUS College with US$800,000 gift
Singapore, 19 September 2013 – Yale-NUS College President Pericles Lewis and Banco
Santander Chairman Emilio Botin signed a memorandum of understanding to establish two
scholarship programs at Yale-NUS College. Santander’s gift of US$800,000 will support the
Santander Scholarship and the Santander International Experience Scholarship at the College.
The Santander Scholarship is awarded based on merit and enables the College to continue to
attract top students from Singapore and around the world. Up to five full scholarships will be
supported by this gift. The Santander International Experience Scholarship will support
exchanges, overseas internship and professional experiences for up to 100 students over the
next five years. Preference will be given to students going to Spain and Latin American
countries. Yale-NUS students will also have the opportunity to intern at Santander offices in
Europe and Latin America.
The event was graced by Professor Tan Chorh Chuan, President of the National University of
Singapore, Juan Rodriguez Inciarte, Board Director, GM Strategy and Asia Pacific Division and
Juan M. San Roman, CEO Asia Pacific Division, and Yale-NUS faculty and students.
In signing the memorandum, President Pericles Lewis said, “Banco Santander’s gift is a boost
to our mission to reinvent existing models of liberal arts and science education. We are deeply
grateful for this gift, and look forward to our continued partnership in educating leaders of
tomorrow for the world.”
“Yale-NUS College is one of the 21st century pioneers in liberal arts education in Asia. For
Santander it is an honor to be one of the founding benefactors of this renowned institution,
which will be represented by the top talented students and faculty members from Singapore and
around the world. Higher education plays a vital role in the economic and social development of
a country. Santander’s institutional commitment to universities is one of the hallmarks of our
bank’s identity,” said Executive Chairman Emilio Botin.
Santander is the first international bank to be recognized as a founding benefactor of Yale-NUS
College, joining other individuals, corporations and foundations that have made gifts of S$1
million (US$800,000) and more to the College during its founding years. The bank’s gift to Yale-
NUS is made through the Santander Universities Global Division, which has an alliance with
1,020 academic institutions in America, Asia and Europe.
Santander has established a variety of programs at NUS including the Santander Students
Mobility Program, Santander Undergraduate Research Exchange (SURE), Santander-NUS
Doctorate in Advanced Risk Management Program and the Santander Chair for Mobility of
Young Faculty & Researchers Programs. The bank is also a supporter of Yale University.