Students at Nanyang Technological University (NTU) will be marking the new academic year with NTU Fest - a charity extravaganza - this Saturday.

The festival, to be held at the Padang from 2pm to 9pm, is open to the public, and admission is free. It aims to raise money for the ITE Endownment Fund, which offers help to students from the Institute of Technical Education (ITE) who need financial help.

To support the effort to help ITE students, STJobs will donate $150,000 to NTU to help make this event possible, Singapore Press Holdings (SPH) said in a statement on today.

STJobs, SPH's online job portal, is also the Platinum Sponsor of NTU Fest.

Ms Tan Su-Lin, Deputy Head of SPH's Digital Division, said: "STJobs is pleased to support the efforts of NTU and its students to help their counterparts in ITE. It is a worthy cause and we are happy to be part of it. It is also gratifying to know that these young men and women, who will play important roles in the future of Singapore, are able to think for others and care for fellow Singaporeans."

Members of the public can support the charity event by buying carnival tickets for use at the various booths at NTU Fest and taking part in a fun run in the afternoon.

The event will culminate in a special performance by Korean rapper Kang Gary, one of the seven hosts of the immensely popular entertainment show Running Man, and his female singing partner, Jung-In.