E3 How do I apply for deferment for further studies? What will happen to my Tuition Grant bond?
2) If you pursue further studies in local tertiary, local private or overseas institutions where you do not
have to fulfil another bond obligation with MOE:
a. You must submit a request for deferment via TGonline system at least 6 weeks before the start of your course. Refer to the step-by-step guide to apply for deferment via the TGonline
system.
b. You must also provide a Bankers’ Guarantee from a local bank. The BG is an irrevocable
undertaking by a bank to pay a sum of money when the beneficiary (i.e. MOE) demands it. It
serves as a guarantee that you will service your bond obligations, and will only be claimed by
MOE if you do not service your bond after your deferment ends.
c. If the deferment is approved, you are required to serve the outstanding Tuition Grant bond
upon graduation from your further studies.
d. The Bankers’Guarantee will be returned to you when you report back to MOE with documents
indicating the completion of your studies, and documents showing proof of employment in a
Singapore entity (for those who enrolled from AY2016 onwards).
Failure to seek MOE’s approval for deferment before you commence your further studies is a breach of the Tuition Grant Agreement, and you may be liable to pay liquidated damages.