Local athletes set to gain big time under new Sports Excellence Scholarships scheme
Top local athletes who prove that they have what it takes to make their mark among the world's best could receive stipends of around $90,000 a year.
This was revealed during a briefing the Singapore Sports Council (SSC) and the Singapore Sports Institute (SSI) conducted on Wednesday afternoon at Spex House, near the SSC headquarters in Kallang.
The five-figure sum is the median amount awarded to elite athletes who prove they have the potential to reach the Olympics or excel at their sport's world championships-level event.
Athletes on lower tiers of support will receive between $24,000 and $60,000 (median) a year in stipends.