UBD DISCOVERY YEAR FUNDING 2016

UBD NEW FUNDING: AUG 2016Co-Funding: UBD only provide 1 semester funding (Sem.1 or Sem.2).

Objective: To instill responsibility in students, and expecting higher returns from DY due to the cost of sharing.

Adjustment to subsistence allowances to reflect actual costs of living.

Combine one-off allowance (Travel allowance + Airfare Ticket).Student given cash-in-hand to buy own ticket (once placement is confirmed);Students need top-up own their own if price of ticket exceed allowance;No reimbursement given.

TYPES OF FUNDINGNEW FUNDING

Type of Funding

Allowances

Co-Funding(Level 1)

Subsistence Allowance (Monthly)Travelling Allowance

(one-off)

Co-Funding(Level 2)

Subsistence Allowance (Monthly)

Self-FundingUBD Local Allowance

(Students need to pay tuition fee/bench/internship fees for Non-partnered &

Partnered Universities/Agencies)

Asia Countries

Non-Asia Countriesvsvs

cGPA < 2.5

2.5≤ cGPA < 3.8Co-Funding (Level 2)

cGPA ≥ 3.8 Co-Funding (Level 1)

SELF –FUNDING(SAP onlyin Asia)

FULL FUNDING FULL FUNDING

1 Sem

Asia (Partner Uni/Agencies) 1 Sem

Asia/Non-Asia (Partner Uni/Agencies)

PARTIAL FUNDING PARTIAL FUNDING

1 Sem

Asia (Non-Partner Uni/Agencies) (Pay tuition fee/bench/internship fees)

1 Sem

Asia/Non-Asia (Non-Partner Uni/Agencies)(Pay tuition fee/bench/internship fees)

SELF – FUNDING SELF – FUNDING

1 Sem

Asia (SAP allowed)Non-Asia (SAP not allowed)

(Partner/Non-partner Uni/Agencies) If two semesters, student bears full self-funding for either 1st or 2nd semester.

(SAP is allowed both in Asia or Non-Asia)Two semesters are allowed with full self-funding for either 1st or 2nd semester

Country BND ($) Country BND ($) Country BND ($)

USA 1600 Germany 1000 Singapore 1200

Australia 1000 Vietnam 500 Hong Kong 1400

Malaysia 600 Indonesia 500 Taiwan 1000

Korea 1000 Philippines 500 Ecuador 1000

Japan 1200 France 1200 UK 1200

China 600 Netherland 1200 Ireland 1200

Thailand 600 UAE 1200

Canada 1000 Egypt 500

New Zealand 1000 Oman 1300

Switzerland 2000 Turkey 1300

MONTHLY SUBSISTENCE ALLOWANCE

AIRFARES + TRAVELLING ALLOWANCE (ONE-OFF)

Region BND ($)

UK 1500

America 2200

Australia/New Zealand 1200

Europe 1500

Korea/Japan/China/Taiwan and other Asian countries outside ASEAN/Hong Kong

600

ASEAN/Hong Kong 400

Africa 1500