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Overseas Education Assistance

SECURING YOUR FUTURE
Guidelines
a) Assistance is for the member, his spouse or children only.
b) Assistance is for tuition fees and accommodation costs for tertiary foundation studies and tertiary level education.
c) Assistance may also be extended for Incidental Expenses not exceeding FJ$5,000.
d) The amount applied for must be within the member’s Education or Partial eligibility.
e) The maximum withdrawal permitted is FJ$20,000 per student per year inclusive of Incidental expenses not exceeding FJ$5,000.
f) If both parents are applying for the same student, their joint withdrawal should not exceed FJ$20,000 for the one student.
g) Where member’s eligibility is less than 50% of the full cost of the course, the member must show evidence of funds to cover the difference.
h) Payment will be made direct to the institute and/or member’s bank account.
i) Any bank charges for a bank draft or telegraphic transfer will be deducted from the member’s withdrawal payment. The costs are as follows:
Bank Draft – FJ$10.00
Telegraphic Transfer – FJ$25.00
 
Documents to be submitted with application
The member must apply using application Form FNPF W30/3.

Evidence for Tuition Fees
Acceptance letter and invoice from overseas tertiary institute stating the duration of the course, details of fees, due dates for fees payment and school bank account details.
Certified copies of the student’s passport pages showing details of passport holder, the validity of the passport and the student’s visa covering the period of study.
If the visa is not available at the time of application, approval will be granted on the condition that payment will be processed after sighting the student’s visa or Approval in Principle letter submitted with:
• A signed Memorandum of Understanding between the member and FNPF (for NZ Institutes).
Memorandum of Understanding: An understanding between the member and FNPF that in the case where the student is not granted a visa, then the member will repay the funds withdrawn for the respective education.”

• A completed Indemnity Form from the member.
Indemnity: Statement by the member that he / she indemnifies the FNPF Board from any liability whatsoever, including loss of benefits that may arise as a consequence of approving the member’s application for partial withdrawal of funds.”
Evidence of other funds where FNPF eligibility or funds applied for do not cover the full course costs.
Documents confirming the relationship of the student to the member.
Evidence from the member’s Bank confirming the member’s bank account number for payment deposits.
Evidence for accommodation:
Evidence from the institute that student is an enrolled tertiary student
Invoice for accommodation from the institute or hostel.
Applications that do not meet the above criteria will not be accepted.
Method of Payment
Payment is made direct to the school/institute, and/or member.

Timeframe for Processing

Satisfying all the qualifying criteria, payment will be made within 3 to 5 working days of the submitted application with an additional two days for processing and preparation of telegraphic transfer.
For any queries regarding the above, please Contact Us!