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Old 29-08-2017, 11:55 PM   #300
Kyoji83
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Professional Conversion Programme (PCP) for Registered Nurses is a 2 years Full Time course for Singaporean & PR to be bond them for 3 years as Registered Nurse upon graduating from Diploma(Nursing).

You will only see the Contract after signing Letter of Undertaking for $1K of Liquidated Damages (LD)if you decided not to take up PCP sponsorship after NYP offer you a seat.

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This is the estimated Estimated amount of liquidated damages upon signing deed (Training allowance is $1,900 per month upon signing deed)

1st year = (Course Fees for 1st year + Training Allowance for 1st year + $150.00 uniform) x 110% = ($39,782.60# + $22,800.00 + $150.00) x 110% = $69,005.86

2nd year = (LD of first (1st) year + Course Fees for 2nd year + Training Allowance for 2nd year (to 5th year) + One-Time Career Transition Bonus) x 110% = ($69,005.86 + $39,782.60# + $22,800.00 + $2,000.00) x 110% = $146,947.31

However there is an increment of allowance from $1,900 to $2,050. So now the new estimated amount of liquidated damages is:

1st year = (Course Fees for 1st year + Training Allowance for 1st year + $150.00 uniform) x 110% = ($39,782.60# + $24,600.00 + $150.00) x 110% = $70,985.86

2nd year = (LD of first (1st) year + Course Fees for 2nd year + Training Allowance for 2nd year (to 5th year) + One-Time Career Transition Bonus) x 110% = ($70,985.86+ $39,782.60# + $24,600.00 + $2,000.00) x 110% = $151,105.31

* Remark: Depending on sponsoring hospital, some will included medical checkup & injection fees for DL. For this computation of LD is without it.

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Singapore Workforce Development Agency (WDA) stated that total liquidated damages (including full course fees, training allowances and career transition bonus) at the point of training completion could amount to roughly be $125,000 which is not the true facts!

I suspected that NYP give to WDA, Ministry of Health (MOH), MOH Holdings (MOHH) and sponsoring hospitals a estimated course fees of $39,782.60 per year to draft sponsorship contract. After NYP decided to charge $34,475.40 that year without allowing student to have Subsidy like MOE*Tuition*Grant to sponsoring hospital.

Normally, a seller will give a price for the product to be consider by the buyer. However I am surprise why this work another way when the buyers (WDA, MOH, MOHH and sponsoring hospitals) willing to buy the product before the seller (NYP) even give the actual price.

During that year, Full time 3 years normal Diploma courses for Singaporean is $19,881.60, PR is $22,695.70 & International Students is $26,218.70 as Non*subsidised*Student for that year. So why did NYP charge a high price of $34,475.40 or unacceptable purchasing procedures without anyone like Auditor General's Office (AGO) questioning? To add on, why Singaporeans & PRs are not given Tuition Grant for studying full-time Diploma in Nursing (PCP)?

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I have actually ask FTs who are under sponsorship for 3 years normal Diploma courses & their reply is they do not know their actual amount for LD. Their surety are FTs who mostly like their parent in their home country like China. If they run away, by right Singapore Government (sponsors) needs to engage Lawyer at China to demand for DL payment. However I never hear any sponsors doing that.

For PCP, there is no way to run cause both student & surety are local.



Poly fees so expensive? They local or ft? If ft can just run road
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