As the first semester's tuition fee will be billed before the Service Obligation Agreement is executed, students are to ensure that they have sufficient funds to pay the tuition fee amount chargeable before Service Obligation subsidy. After successful execution of the Service Obligation Agreement, the tuition fee will be adjusted accordingly. The difference in tuition fee paid will be credited to the students' Student Account in myEduRec and used to offset the next semester's tuition fees.
For students who wish to have a refund of the Credit Balance (arising from the Service Obligation Agreement executed) in their Student Account, please write-in directly to the Office of Finance (Attention: Mr Huang Zhenhui at email@example.com).
The amount of MOE Subsidy under Service Obligation can be referred from the student's bill in every semester. Students, who are required to pay Liquidated Damages (LD) to MOE, would have to pay the total amount of MOE Subsidy under Service Obligation plus 10% interest rate compounded at the end of each academic year.