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Serious MOE to tighten processes to prevent bond-breaking by foreign students

SNTCK

Alfrescian
Loyal
THE Ministry of Education (MOE) said on Tuesday it has worked with the universities in Singapore to tighten processes to monitor and enforce scholarship bonds, following a report from the Auditor-General's Office Singapore (AGO) that ticked off MOE for a lack of oversight over these bonds.

In response to the report, MOE said the default rates have fallen "significantly" over the last three years. Just one per cent of the foreign students who graduated over the last three years and hold scholarships broke their bonds intentionally. Another 4 per cent of these "are still being contacted".

The remainder are fulfilling their bonds; a small group has either sought deferment or is unable to fulfil the bonds due to medical reasons.

Most of the lapses flagged by the AGO were from earlier graduation batches, before "enhanced measures" were fully implemented.



"The breaking of scholarship bonds by international students is a matter of serious concern... MOE regards the breaking of bonds as an ignoble act," the ministry said in a media statement.

"MOE will continue to work closely with the universities to ensure that the processes are applied rigorously, and that international students take their obligations seriously."

In its annual audit of the Singapore government, the AGO also rapped MOE for failing to ensure that due student loans totalling S$228 million as at June 30, 2015, were promptly recovered. It said two universities, the National University of Singapore and Nanyang Technological University, had relied on outsourced agents to monitor and recover the loans.

MOE said it is working closely with the universities to ensure prompt recovery of student loans that are in arrears.

http://www.businesstimes.com.sg/gov..._medium=Social&utm_source=Facebook&xtor=CS1-3
 

Brightkid

Alfrescian
Loyal
As usual and in most situation in civil service and govt bodies. They only close the doors (and only upon higher ups woke up by audits, not kpkb by citizens) after the horses already escaped long ago.

No blame culture please, it's only taxpayers money that's lost. The employees and bosses still gets their annual increment and promotions.

Anything new?
 

tonychat

Alfrescian (InfP)
Generous Asset
why no sinkie ask ....why the fucking bond must be given to foreigners, why cannot give to locals??? why???/

sinkie daft.. can you even open your fucking eyes to see that clearly?
 

SNTCK

Alfrescian
Loyal
why no sinkie ask ....why the fucking bond must be given to foreigners, why cannot give to locals??? why???/

sinkie daft.. can you even open your fucking eyes to see that clearly?

then how about you go to complain this to Lyl?
 

tonychat

Alfrescian (InfP)
Generous Asset
then how about you go to complain this to Lyl?

sinkieland got nothing to do with me now.. i just try to make this awareness to any sinkies who read this...

If you feel that this awareness is important, then go do something about it..

my life isn't revolved around sinkieland anymore... i just enjoy raising the awareness to stupid sinkies and then mock their stupidity..
 

Hans168

Alfrescian
Loyal
shut the doors after the horse have bolted............ who cannot do such simple task - no need to pay super scale salaries for that
 

halsey02

Alfrescian (Inf)
Asset
shut the doors after the horse have bolted............ who cannot do such simple task - no need to pay super scale salaries for that

It is like a lazy fowl farmer, who has a chicken coop of prized fowls & many other coops of others. The farmer has a very lax attitude, as long as the farm produces enough eggs collected by his "workers" & can balance the overheads & earn some profits, the farmer doesn't care if his "prized fowls" had been stolen or eaten by "snakes". One day, decide to do an audit & discover that, the "prize fowls" have all gone & his $228 Million investment...were all gone & unrecoverable....so, now cry "FOUL".

The time it takes to do an audit..."the horses" ( employees etc.) have already bolted...

:biggrin:
 
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