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ITE Progression Award: Your Guide to Educational Funding

The ITE Progression Award (IPA) is a vital initiative designed to support Singaporean ITE graduates as they transition to higher education.Launched in 2024, this funding opportunity offers eligible graduates financial assistance of up to $15,000, making it easier to pursue a diploma at various institutions including ITE itself, local polytechnics, and renowned arts schools like Nanyang Academy of Fine Arts and Lasalle College of the Arts.

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MPF System: Balancing Retirement and Nonretirement Uses

The MPF system, or Mandatory Provident Fund, is a key component of Hong Kong’s retirement framework, designed to help the workforce build a solid financial foundation for their golden years.Established to ensure that individuals accumulate sufficient savings through consistent MPF contributions from both employers and employees, this system plays a vital role in the financial security of retirees.

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