Nanjing University of Finance and Economics

Agreement for Undergraduate Transfer Program

Between Nanjing University of Finance (P.R. China) and Brandon University (Brandon, Manitoba, Canada)

WHEREAS the parties believe that the educational process at their respective institutions would be enriched and the learning experience of NUFE students in BU can improve their competitiveness in the job market through the establishment of this cooperation agreement;

WHEREAS the parties intend to establish a long-term relationship of cooperation that will enable undergraduate students at NUFE to obtain a Bachelor’s degree from BU upon completion of this program;

THEREFORE in consideration of the following terms and conditions, the parties hereby agree as follows:

1. Commencement and Duration

This Agreement shall commence on the date that the final signature is affixed. The terms and conditions of this agreement will remain in effect for five (5) years from that date, subject to annual review and modification by agreement of both parties. The Agreement may be terminated prior to that date by either party giving twelve (12) months written notice to the other party, or where an earlier termination date is mutually agreed upon. In the event of termination, the respective parties will honour all commitments to students participating in the program.

2. Method

After completing the courses of the previous two years, registered undergraduate students of NUFE may come to BU to study for two or more years. They must attain at least 60 credit hours and fulfill the requirements of the intended Bachelor’s program to be awarded a degree by BU.

3. Tuition and Student Fees

3.1 Tuition

BU agrees that all students of NUFE who participate in this program will be exempted 10% to 50% of the differential fee for international students. See Appendix I for details. To celebrate the first year of cooperation between NUFE and BU, students of NUFE who are admitted to begin studies in September 2007 will be exempted 35% to 75% of the differential fee for international students, depending on the number of students. See Appendix II for details.

3.2 Student Fees

In addition to tuition, students of NUFE will pay the BU student fees. See Appendix III for details regarding these fees and their amounts.

4. Conditions for Admission

4.1 Students participating in this program must be registered undergraduate students, successfully completing all the courses of the first and second academic year at NUFE.

4.2 Students must meet BU’s English language proficiency requirements (i.e. a score of 550 paper-based or 213 computer-based on the TOEFL test, a score of 6.5 on the IELTS, or an acceptable score on another test recognized by BU). Students unable to meet the requirement for English language skills must enrol in BU’s English for Academic Purposes program and successfully complete level 4 before beginning regular university courses at BU.

5. English for Academic Purposes

Brandon University will provide English language training for students of NUFE who do not meet the English language proficiency requirement. Successful completion of level 4 EAP will enable students to meet the language requirement, will promote them to regular student status and will grant them admission to the degree program of their choice, provided all other requirements have been satisfied. Please see Appendix IV for details.

6. Contact Persons

Each institution will designate an individual who will serve as the contact person for this Agreement. The contact personnel will be responsible for coordinating the specific requests of the program, preparing and distributing reports on the progress of the program, and advising and assisting students.

The designated contact persons for this Agreement are:

For BU

Dr. Janet Wright
Acting Executive Dean, Student & Int’nl Affairs Brandon University

270 18th Street
Brandon, Manitoba
Canada R7A 6A9

Telephone: 204-727-9635
Facsimile: 204-725-2143
Email: wrightj@brandonu.ca
Website: www.brandonu.ca

For NUFE

Prof. Li Yafei
Dean, Adult Education College, Nanjing University of Finance & Economics

128 Tielu Beijie
Nanjing City
China 210003

Telephone: 0086-25-83416203
Facsimile: 0086-25-83495664
Email: liyafei@njue.edu.cn
Website: www.njue.edu.cn

Notification of any change in contact personnel may be made by letter without amendment to this agreement. This agreement is signed in both English and Chinese translations, both being equally valid.

Appendix I

Nanjing University of Finance and Economics
2+2 Tuition Fee Plan
Standard Tuition Fee Waiver
(September 2008)

BU tuition fees and compulsory user fees NUFE Transfer Students Other International students Canadian Students
BU base tuition fees (1) $ 3,033.00 –
$ 3,294.00
$ 3,033.00 –
$ 3,294.00
$ 3,033.00 –
$ 3,294.00
BU visa student differential fee $ 3,033.00 –
$ 3,294.00
$ 3,033.00 –
$ 3,294.00
($ -) –
($ -)
BU Technology fee $ 150.00 $ 150.00 $ 150.00
BU Student Services fee $ 90.00 $ 90.00 $ 90.00
SubTotal BU fees $ 6,306.00 –
$ 6,828.00
$ 6,306.00 –
$ 6,828.00
$ 3,273.00 –
$ 3,534.00

 Available rebates and proposed reductions

Mb Gov’t tuition fee rebate (2) 10% $ (303.30) –
$ (329.40)
$ (303.30) –
$ (329.40)
$ (303.30) –
$ (329.40)
Total $ 6,002.70 –
$ 6,498.60
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
10% differential fee reduction (3) $ (327.30) –
$ (353.40)
($ -) –
($ -)
($ -) –
($ -)
Total $ 5,675.40 –
$ 6,145.20
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
20% differential fee reduction (4) $ (654.60) –
$ (706.80)
($ -) –
($ -)
($ -) –
($ -)
Total $ 5,348.10 –
$ 5,791.80
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
30% differential fee reduction (5) $ (981.90) –
$ (1,060.20)
($ -) –
($ -)
($ -) –
($ -)
Total $ 5,020.80 –
$ 5,438.40
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
40% differential fee reduction (6) $ (1,309.20) –
$ (1,413.60)
($ -) –
($ -)
($ -) –
($ -)
Total $ 4,693.50 –
$ 5,085.00
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
  1. one academic year or 8 months
  2. 10% of the BU base tuition fees
  3. for 10-19 students
  4. for 20-29 students
  5. for 30-39 students
  6. for 40-49 students
  7. for 50+ students

Note: all costs are in Canadian dollars and are subject to change without notice.

Appendix II

Nanjing University of Finance and Economics 2+2 Tuition Fee Plan
First Inaugural Year (September 2007)

BU tuition fees and compulsory user fees NUFE Transfer Students Other International students Canadian Students
BU base tuition fees (1) $ 3,033.00 –
$ 3,294.00
$ 3,033.00 –
$ 3,294.00
$ 3,033.00 –
$ 3,294.00
BU visa student differential fee $ 3,033.00 –
$ 3,294.00
$ 3,033.00 –
$ 3,294.00
($ -) – ($ -)
BU Technology fee $ 150.00 $ 150.00 $ 150.00
BU Student Services fee $ 90.00 $ 90.00 $ 90.00
Total BU fees $ 6,306.00 –
$ 6,828.00
$ 6,306.00 –
$ 6,828.00
$ 3,273.00 –
$ 3,534.00

Available rebates and proposed reductions

Mb Gov’t tuition fee rebate (2) 10% $ (303.30) –
$ (329.40)
$ (303.30) –
$ (329.40)
$ (303.30) –
$ (329.40)
Total $ 6,002.70 –
$ 6,498.60
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
35% differential fee reduction (3) $ (1145.55) –
$ (1236.90)
($ -) – ($ -) ($ -) – ($ -)
Total $ 4857.15 –
$ 5261.7.0
$ 6,002.70 –
$ 6,498.60
$ 2,969.70 –
$ 3,204.60
45% differential fee reduction (4) $ (1472.85) – $ (1590.30) ($ -) – ($ -) ($ -) – ($ -)
Total $ 4529.85 – $4908.30 $ 6,002.70 – $ 6,498.60 $ 2,969.70 – $ 3,204.60
55% differential fee reduction (5) $ (1800.15) – $ (1943.70) ($ -) – ($ -) ($ -) – ($ -)
Total $ 4202.55 – $4554.90 $ 6,002.70 – $ 6,498.60 $ 2,969.70 – $ 3,204.60
65% differential fee reduction (6) $ (2127.45) – $ (2297.10) ($ -) – ($ -) ($ -) – ($ -)
Total $ 3875.25 – $4201.50 $ 6,002.70 – $ 6,498.60 $ 2,969.70 – $ 3,204.60
75% differential fee reduction (7) $ (2454.75) – $ (2650.50) ($ -) – ($ -) ($ -) – ($ -)
Total $3549.95 – $3848.10 $ 6,002.70 – $ 6,498.60 $ 2,969.70 – $ 3,204.60
  1. one academic year or 8 month
  2. 10% of the BU base tuition fees
  3. for 10-19 students
  4. for 20-29 students
  5. for 30-39 students
  6. for 40-49 students
  7. for 50+ students

Note: all costs are in Canadian dollars and are subject to change without notice.

Appendix III

Nanjing University of Finance and Economics 2+2 Tuition Fee Plan
Other Student Expenses

Additional costs students need to plan for NUFE Transfer Students Other International Students Canadian Students
Health insurance (Sept 1-Aug 31, annually) $420.00 $420.00 $ –
Student Union fees (per academic year) $192.50 $192.50 $192.50
Textbooks (estimate per academic year) $900.00 $900.00 $900.00
Residence Accommodation (per academic year) $2,295.00 –
3,614.00
$2,295.00 –
3,614.00
$2,295.00 –
3,614.00
Residence meal plan (per academic year) $2,656.00 $2,656.00 $2,656.00
SubTotal $6,463.50 –
$7,782.50
$ 6,463.50 –
$7,782.50
$6,043.50 –
$ 7,362.50

Additional costs Paid by Students

Airfare
Personal expenses

Note: all costs are in Canadian dollars and are subject to change without notice.

Appendix IV

Nanjing University of Finance and Economics 2+2 Tuition Fee Plan
English for Academic Purposes (EAP)

English for Academic Purposes program costs NUFE Transfer Students Other International Students Canadian Students
EAP application fees (per 13 week term) $2500 $2500 $1875
Textbooks (per 13 week term) $150-225 $150-225 $150-225
Activities fee (per 13 week term) $25 $25 $25
Residence Accommodation (per term, including meals) $2285 – $2805 $2285 – $2805 $2285 – $2805
OR homestay (per term) $1800 $1800 $1800
SubTotal $4475 – $5555 $4475 – $5555 $3850 – $4930

Additional costs Paid by Students

Airfare
Personal expenses

Note: all costs are in Canadian dollars and are subject to change without notice. Students are responsible for the costs of any English language training. Tuition for one term of Brandon University’s English for Academic Purposes (EAP) program costs $2500. Students enrolled in the EAP program are also responsible for textbooks, health insurance ($420 per year), living and maintenance costs for each three-month course. A student’s level of language proficiency at the entrance to EAP will determine their placement within the program. A student may require more than one term to successfully complete level 4 of EAP.