Affidavit Of No Income For Scholarship Template for Singapore

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What is a Affidavit Of No Income For Scholarship?

The Affidavit of No Income for Scholarship is commonly required in Singapore when applying for educational financial assistance or scholarships where the applicant has no regular income. This document enables scholarship providers to verify the financial status of applicants and assess their need for financial support. It must be executed in accordance with Singapore law and typically requires verification by a Commissioner for Oaths. The affidavit includes detailed personal information, explicit declaration of no income, and often requires supporting documentation to substantiate the claim. It's particularly relevant for students, recent graduates, or individuals who have been unemployed and are seeking educational opportunities.

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A lawyer, legal researcher and legal tech founder, Swetha has built AI products deployed inside Tier 1 firms and enterprises. She ensures GenieAI's alignment with the latest regulation and executes testing on the legal robustness of Genie output.

Reviewed by

Imad Mohammed Nazar

Legal Engineer, GenieAI

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A Skadden-trained M&A lawyer, Imad advised on cross-border transactions and contractual risk before moving into legal AI. He reviews GenieAI's output for compliance and enforceability across our 150+ supported jurisdictions, as well as facilitating external benchmarking.

Jurisdiction

Singapore

Publisher

GenieAI

Category

Affidavit

Sector

Business

Cost

Free to use

Last updated

About the Affidavit Of No Income For Scholarship

An Affidavit of No Income for Scholarship is a crucial legal document you'll need when applying for educational financial assistance in Singapore. This sworn declaration serves as formal proof of your current financial status, specifically confirming that you have no regular income during your scholarship application period. Under Singapore's legal framework, this document carries significant weight as it's made under oath and subject to penalties for false declarations.

When do you need this document?

You'll typically require this affidavit when applying for need-based scholarships, educational grants, or financial assistance programs in Singapore. Most scholarship providers, including government agencies, universities, and private foundations, request this document to verify your financial circumstances. It's particularly common for undergraduate scholarships, postgraduate funding, vocational training grants, and emergency educational assistance programs. The document helps institutions assess your genuine need for financial support and ensures fair distribution of limited scholarship funds.

Key legal considerations

Your affidavit must include several critical elements to be legally valid. The declaration statement must clearly identify you as the deponent and state the document's purpose. You must provide complete personal information including your full name, NRIC or FIN number, residential address, and contact details. The core declaration must explicitly state your current employment status and confirm the absence of any regular income sources. You must specify the exact period for which you're declaring no income, whether it's current unemployment or a specific timeframe. The verification statement confirms the truthfulness of your declaration, and your signature must be witnessed by a Commissioner for Oaths. Remember that making false declarations carries serious legal consequences under Singapore law.

Legal requirements in Singapore

Singapore's Oaths and Declarations Act (Cap. 211) governs the execution of your affidavit, requiring proper administration by an authorized Commissioner for Oaths. The Evidence Act (Cap. 97) establishes the document's admissibility and evidentiary value in legal proceedings. Under the Income Tax Act (Cap. 134), you must understand what constitutes "income" for declaration purposes, including employment earnings, business profits, investment returns, and other taxable income sources. The Education Endowment and Savings Schemes Act may apply depending on your specific scholarship program. You'll need to pay the prescribed fee for affidavit administration, typically around SGD 20-30. Supporting documentation such as bank statements, employment records, or IRAS tax assessments may be required to substantiate your declaration. Ensure your affidavit is properly witnessed, signed, and stamped to meet Singapore's legal requirements for sworn declarations.

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