This is probably the most important factor in whether you will feel happy to serve your scholarship commitment. Joining a successful team with a great boss is really a matter of luck. If you have found a good fit, you can perform in your work. It is very important that you are kind to the HR staff who edit your scholarship file. They know which departments match your personality and they know the vacancies in the right teams. It costs about RM400,000 to RM1 million to sponsor a student to study in the US, UK or Australia. It doesn`t make economic sense for any organization. A simple calculation of the returns on investment suggests that you need to create discounted goodwill on the amount invested for you throughout the period of your stock market obligation to make the investment worthwhile. Now, don`t try to misinterpret this by saying that I`m not grateful for the opportunity to study abroad that the scholarship offers. The fact is that I can`t be grateful enough for this opportunity. I would have had a very different life and I wouldn`t have been able to broaden my horizons, meet all the interesting people in London and travel a lot around the world without the scholarship. When I signed my scholarship contract for UCL in mid-2009, all I knew was that studying in the UK was expensive.

What no one has tried to understand for me is that it is very, very expensive. For my 3-year studies in the UK, it is worth around $150,000 (RM450,000) as it covered tuition and living expenses. Once you`ve received a scholarship, the first thing you need to do is count your lucky stars. Don`t even try to rationalize that you deserve the scholarship, because honestly, you don`t. Winning the scholarship simply means that you meet all the criteria that scholarship positions are looking for. I`m sure there are many other smarter people who just don`t meet the scholarship criteria. My retention period is 5 years and many people will say that it is short compared to the retention period of other scholarships. But 5 years is a very long period of time.

It represents 50% of your twenties. Being tied to a single company in one place for 50% of what is supposed to be the pinnacle of your life eliminates a lot of freedom associated with your twenties. You can`t just move to another country, another company, another type of job, or lead an alternative lifestyle because you`ve essentially tied your future to that job. Once the information contained in the bond is verified to be accurate, the recipient must pay the fifty-dollar ($50.00 CAD) processing fee and collect the four (4) copies of the bond. See examples below. In many ways, the stock market link has taught me a lot about debt and its crippling effect if not used properly. When you buy a house or car on loan, the bank essentially owns the purchase because it is a guarantee in itself. In a stock exchange contract, you are essentially a resource for the organization and can be deployed in each business unit according to the needs of the company.

What`s unfortunate is that your deployment may or may not be the way you want it to be. Once the deposit is collected, the recipient takes the bonds (the 4 copies), the stamp, the lawyer`s fees and its two (2) guarantees on the legal matters where he would sign (everyone must be there at the same time to sign), produces the stamp and pays the lawyer`s fees. The legal service will also advise the process regarding foreign obligations that must be signed in the presence of a notary. This is perhaps the biggest revelation for me. Your parents will tell you that they want the best for you, but what they really mean is that they want what is safest for you. Your parents will push you to accept the scholarship while minimizing the long retention period, as it is the safest option. It is a training experience abroad compared to a work experience. You will receive instant benefits while postponing withdrawals to a later date. You`ll get a $150,000 free education without having to worry about money, and you`ll be sorted with a job after graduation. This is security for most people. When I applied for post-secondary scholarships, I saw scholarship positions as banks that provided me with free money to study. What I definitely forgot to take into account is that banks do NOT spend free money.

You give loans and you`re supposed to repay what you borrowed, plus interest. Your interest and aspirations are very likely to change after your time at university, no matter where or what you studied, with or without a scholarship. What you thought was a perfect job or opportunity in your late teens may differ from your vision of a perfect job as a recent graduate. Your horizons will broaden and your interests will change and you will feel like you are doing something different after graduation. With a scholarship commitment, you will be put into a job that requires your skills due to the demand of the company, and sometimes after college, you will no longer feel like the role, the company, the industry or the subject. The corporate world is not created equal. Good bosses and jobs with good prospects are not everywhere. So far, I can say that I have been very fortunate to join a dynamic hr teams that are pioneers in HR analysis in the group. We are probably one of the first companies in Malaysia to engage in HR analysis, and being a pioneer in your industry is almost always a good thing. I can only count my lucky stars every day I serve this link. An appointment will be made for the applicant to pick up the deposit.

At the Education Committee Office, the applicant is invited to read the document to verify its accuracy. The relevant information includes the names – which are listed throughout the document – the total amount, the annual payment, the university, the program of study, the desired degree, the number of years, the duration and the start date, all of which are listed in the 2nd paragraph of page 1. The value of the purse could buy a two-story single-family home in the suburbs of Kuala Lumpur or a huge bungalow in one of Malaysia`s smallest cities. With a starting salary of around RM2,500 to RM3,000 per month (~RM30,000 per year) for a new graduate in Kuala Lumpur, it is worth almost 15 years of annual salary for a new graduate to fund the cost of studying in the UK. In the end, I think the scholarship decision is really about the positive aspects of training abroad versus the negative aspects of being associated with a scholarship commitment. I would like to be more aware of the other side of the scholarship medal so that I can better appreciate my university experience. This singapore scholarship guide I came across a few months ago is very useful and talks in more detail about pretty much similar topics. It is highly unlikely that a scientist could generate so much goodwill from an entry-level position during the bond period. If it makes economic sense to sponsor students abroad, all major companies would do so.

In addition, the risks are high, as many researchers do not succeed at school and at work. For this reason, most scholarships are awarded from the corporate social responsibility budget, i.e. It is a charity. Some of you know that after graduating from high school, I received the Sime Darby Foundation Scholarship and am currently leaving my 5-year scholarship commitment. A few days ago I celebrated my 7th month of work and I want to spend some time writing about the things I wish I was more aware of when I was 19 before signing the contract about 4 years ago. Cheques issued in the name of another person: The recipient must submit a notarized letter setting out this request. Please ensure that the application clearly states that the cheque is payable/in the name of .. The football club had offered to enter into a scholarship agreement with the student, which the student had not accepted. .