The Tuition Grant Agreement is a cornerstone of Singapore's education funding system, designed to make higher education more accessible while retaining talent in the Singapore workforce. This agreement is mandatory for international students and optional for Singapore citizens seeking government subsidies for their education. The document establishes the terms of the grant, including the subsidy amount, duration of the subsequent employment bond, and obligations of all parties. It includes specific provisions for different categories of students (citizens, permanent residents, and international students) and is governed by Singapore law, with oversight from the Ministry of Education.
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1. Parties: Identification of the Government of Singapore (via MOE) and the Student (Grantee)
2. Background: Context of the tuition grant scheme and its purpose
3. Definitions: Key terms including 'Course', 'Institution', 'Bond Period', 'Grant Amount'
4. Grant Details: Specific amount of grant and terms of disbursement
5. Bond Requirements: Terms of service bond including duration and qualifying employment
6. Student Obligations: Core responsibilities and commitments of the student
7. Default and Penalties: Consequences of breach and liquidated damages
1. Guarantor Provisions: Required for international students; details guarantor obligations
2. Deferment Provisions: Terms for deferring bond service
3. Overseas Employment Provisions: Terms for fulfilling bond through overseas employment
1. Schedule 1 - Grant Calculation: Detailed breakdown of grant amount and subsidy components
2. Schedule 2 - Bond Service Requirements: Detailed requirements for qualifying employment
3. Appendix A - Guarantor Declaration: Required forms and declarations for guarantors
4. Appendix B - Approved Employers List: List of qualifying employers for bond service (if applicable)
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