Introduction of KFPP

Lead

The private S

chool

By becom

ing

A reliable friend

K orea

F oundation for the

P romotion of

P rivate school

About KFPP

• KFPP is a public foundation

within Korean Ministry of

Education.

• KFPP contributes for the

promotion of private school by

supporting educational

environment improvement

business of private institutes.

• KFPP takes responsibility for the

future of the education in Korea.

Vision and Strategic Target

Mission : Enhance educational competitiveness with business improvement support from education institute

Strategic Target

Vision : Becoming a complex and special business improvement support exclusive institute for educational institute

Trust Creation Responsibility

Creating trust with the public

with the best quality of service

Discover new growth engine

from creative business

improvement

Increasing social contribution

by establishing responsible

business system

Business enhancement

and increasing social

responsibility

Improve educational

environment with private

school promotion fund

support

Enhance university

educational capabilities

with business efficiency

support of educational

institutions

Realize customer value by

finding new growth engine

Organization Structure

• Management

of ‘Science

without

Borders’ of

Brazil in Korea

• Management

of ‘Bec.AR’ of

Argentina in

Korea

Secretary General

Board PresidentPart-time

AuditorBoard

(Fund management council)

• Consulting

support

• University

advancement to

overseas

countries support

• Education

enhancement

business

development

•Finance &

Statistics

• University

management

training

• University

financial research

• Financing

business

• Dormitory

enterprise

• Planning

• Promotion

• Support

informationization

Planning

Promotion

Office

Fund Business

Team

Information

Support for

Educational

Finance Team

Education

Enhancement

Support Team

Audit Team

• Internal

audit

• Investigate

& analyze

actual

business

condition

Supporting

Exporting

Higher

education

Main Fulfillments:

• Private school facility fund financing

• University dormitory support enterprise

• Higher education finance analysis business

• University management training business

• University finance study business

• Review school payment approval for private school pension foundation’s share

• Establish accounting system for private university

• University management consulting

• University advancement to overseas countries support business

• Management of Brazil scholarship program in Korea, “Science without Borders”

• Management of Argentina scholarship program in Korea, “Bec.AR ”

Private school facility fund financing:

Private school educational environment improvement fund financing support

Help the educational environment enhancement of private school by supporting

fund with long-term and low interest for improving the condition.

Target business

Support education, globalization, education specialization, alternative loan,

educational foundation expand basic properties for profit educational foundation

Main direction

• Enhance connectivity with government policy: Green growth relevant business, give

add points for local university.

• Give higher weighted value for public interest by reflecting the feature of public fund.

• Prevent non-performing loans from bad finance condition (Enhance fund soundness).

University dormitory support enterprise:

University students’ dormitory building business

By building university students’ dormitories of low boarding expenses with public funds,

improve the domiciliation condition of students from the country and the low income class.

Effect of lowering boarding expenses

• In the case of the low income class, free – 120,000won/month (50% discount)

• In the case of general students, based on double room, 240,000won/month

Support target

Private university and college dormitory building business

Support business

Fund for the promotion of private school and national housing fund jointly support funds

to the dormitory building business.

Selection method

The screening committee acquires fairness and transparency by progressing evaluation.

University dormitory support enterprise:

Global exchange center establishment business

By building global exchange center improving foreign students & domiciliation condition

and providing information exchange function, attract excellent international students and

promote the globalization of local governments.

Support target

Local governments having a desire to establish the global exchange center and university

consortium

Support business

• Global exchange center establishment business(dormitory facility + foreigner support

facility)– International student dormitory

– Foreigner domiciliation support enter (Foreigner consultation center, employment support, etc)

Selection method

The screening committee evaluates and selects and the head of Ministry of Education

approves finally.

University dormitory support enterprise: (Cont.)

Private school dormitory loan support business

Lower the dormitory expenses by the early expansion of private dormitory and supporting

the exchange loan for the high interest private loan.

Support target

• Dormitory loan support business

Building new dormitory and expend, or repair, purchase of site and building, etc

• Exchange loan business

Regarding the dormitory business on operation, provide the exchange loan to the

private loan from external finance institute with the Fund for the Promotion of Private

School

Selection method

The screening committee acquires fairness and transparency by progressing evaluation.

Higher education finance analysis business

Subtotal and analysis of higher education financial data

Subject : National & Public & Private university and college ,cyber university and

university-industry cooperation

Content : Receipt & Verification & Subtotal for budget & Accounts, facility, educational

foundation basic asset status

Private school institute finance and budget & accounts present condition investigation

Subject : Private university and college

Content : Investigate compliance with budget & accounts legislation and finance status,

and deliver following-up control according to the data of investigation from last

year

Private university accounts support business

Subject: Educational foundation maintaining and managing private university* subject to

external audit according to Private School Legislation Enforcement Ordinance

Article 14 Section 1.

* University less than 1,000 and college less than 2,000 of enrollment capacity.

Content: Support accounts business of small private university in the form of external

audit for enhancing transparent in finance.

University management training business

University management – finance experts training

Secure management efficiency by conducting training in school management & finance

For finance & tax accounts expert of university.

Training plan : Open total 67 times, 46 courses, 3,500 of participants

• Small scale expert training : plan to conduct 62 times (cyber education include)

• Large scale plan(theme) and special lecture : conduct 6 times

Bring internal stability to cyber training by supporting regular study

• Open new education courses for increasing training base

University finance consulting business

Consult university finance including finance & tax accounts & property management and

others to private university, educational-industrial complex, educational foundation,

national & public university (about 300 times per year)

University finance study business

Open private school promotion forumAim : Support private school promotion policy development with analyzing status and

suggesting alternative for private school’s improvement.

Content : Management status and development plan of private kindergarten (primary, March),

Create future energy using school facility (secondary, June)

Private university education finance and accountability (tertiary, August)

Conduct policy studyAim : Develop policy study for private school enhancement.

Content : Study establishment for financial accounting of private kindergarten,

Study development evaluation standard for financing support of private kindergarten,

Study university external finance audit supervision system introducing measure,

Study calculation model for university dormitory fees

Publish & supply higher education finance issue paperAim: Efficient finance support with publishing & supplying of issue paper from analysis of

higher educational institute’s finance data.

Content: Finance issue and task from budget & accounts analysis of private university

Educational-industrial complex budget & accounts status analysis and suggestion,

Analyze managing status of university’s basic properties for profit, university facility and feature.

Review school payment approval for private school

pension foundation’s share

Business Aim

Induce educational foundations to pay private school pension foundation’s share by

establishing finance status improvement plan for foundations with lack of payment capacity.

Business Drive System

Business Contents

Finance status improvement plan receipt and analysis

• Study educational foundation and private school payment status.

• Review increasing operational profit and reducing operational cost plan among general accounts.

• Secure basic property for profit plan and review data of creating large profit method.

Ministry of Education

Korea Foundation for the Promotion of Private school

Educational Foundation

Report fulfillment result

Ask supplement document

/ analyze fulfillment report

Establish accounting system for private university

Business Aim

• Enhance work efficiency and university’s competitiveness from work standardization

of private university.

• Reduce cost including budget and human resource for developing system of each

school by establishing and supplying standardized system.

• Establish stable system reflecting university’s distinctiveness and legislation

amendment.

Business Content

• Redesign work for accounting system establishment of private school. (BPR)

• Making Informational Strategy Plan (ISP) for establishing administrative information

system of private school.

• Establish accounting system for budget and accounts work of private school

foundation & educational expenditures accounting.

• Reflect amendment of ‘exceptional rule for private school finance accounting rule’.

• Make connection with internal & external information system of university.

• Establish customer support website.

Private university management consulting

Business Aim

• Induce autonomous and constant structural improvement of private university,

ultimately give autonomy of university management and contribute enhancement of

educational competitiveness.

Consulting Field

Consulting Field Detail

ManagementConsulting

• Make mid-long term development plan.

• Improve department evaluation and school structural improvement.

• Make faculty outcome evaluation & analysis and portion of annual salary based on

performance system.

• Financial practice plan.

• Build combination / alliance, M&A, PMI strategy among university and corporate.

• Merge among university campuses in a same corporate and merge among university.

• Establish vision and management(specialization) strategy after merge.

• Department analysis and competitiveness enhancing consulting.

• Build university evaluation system for institute evaluation certification.

University advancement to overseas countries

support business

Overview for University advancement to overseas countries support business

Growing the need for advancement to secure university competitiveness

• The need to secure educational competitiveness is growing according to external

condition changes.

• Globalization accelerates open of the education market.

• The need for promoting advancement and support of the education service industry is

growing.

Build branch school in overseas country establish management system

• Make legislation for university advancement by legislating ‘University foundation and

management rule’ amendment and ‘notification for building branch schools in overseas

country standard.

Advancement to overseas countries status studyAdvancement form of advanced universities, countries, sizes Study finance investment status

1

Fulfill overseas country advancement consultingConsulting support for smooth advancement of universities that wish advancement

2

Management of Brazil scholarship program in Korea,

‘Science without Borders’

The brazil government is making progress of ‘Science Without Borders business’ to

nurture 100,000 talented students majoring natural science and engineering by

sending students to stellar universities worldwide since 2011 as a presidential

election pledge business.

Korea has been selected on of Science Without Borders business countries since

2012, so the foundation plans to support stable academic progress for students by

being consigned the business from the Brazil government.

Business Contents

• Business period : 2012. 04. – 2012. 12.

• Size : Attract more than 1,400 Brazil students studying abroad at

government expense until 2014.

• Support target : Support students or researcher majoring science and engineering in

Brazil.

Support Undergraduate exchange students.

Support researchers in and with doctor’s degree.

Management of Brazil scholarship program in Korea,

‘Science without Borders’(Cont.)

Support Content

• Assign Brazil students to local universities.

• Support tuition and living expenses for Brazil students.(The Brazil government supports the finance, the foundation provides relevant budget to each universities.)

• Open a specialized website for introducing and attending test of local universities.

• Internship process support in local companies for Brazil students.(Plan to attract undergraduate exchange students in 2012, and introduce doctor’s course since 2013.)

Business Drive SystemThe Brazil

government(CNPq, CAPES)

Korean consigned institute(KFPP)

Local universities(12 universities)

Generally manage and run Science Without Borders business.

(U.S., Canada, Italy, Germany ,France, Spain, Belgium, U.K., Portugal, South Africa)

• Manage Science Without Borders business

• Manage and assign scholarship for Brazil student.

• Lead consultation between local university and the Brazil government.

• Select Brazil students under the agreement with the Brazil government.

• Support undergraduate(exchange students) and doctor’s degree courses.

• Participants : Seoul National Universities, KAIST, Yonsei University, Korea University, Pohang University

of Science & Technology, Sogang University, SungKyunKwan University, Hanyang University, Soongsil

University, Inha University, Ewha Womens University, Chung-Ang University and UST.

Management of Argentina scholarship program in Korea,

‘Bec.AR’

To contribute to the scientific development Argentine through overseas training of Argentine professionals in areas of strategic importance for the country's sustainable development

• To BEC.AR program implementation, the Chief of Cabinet of Ministers of the Nation has signed framework agreements for scientific, technical and prestigious academic institutions abroad to assure the proper process and the formation of professional excellence.

• Support training abroad during the next four years of 1,000 Argentine professionals related to science, technology and productive innovation, promoting their reintegration in the country.

Korea has been selected on of Bec.AR program countries secondly, Ajou university

offers Bec.AR program in Korea specialized in ICT, Bio tech, Nano Tech in 3 months

since

Business Contents

• Business period : 2013. 04. – 2016. 03.

• Size : Every year 30 Argentina specialists studying abroad at government

expense until 2016.

• Support target : Support specialist in ICT, Bio, Nano area at Ajou university in 3months

Evaluation Bec.AR program in Korea.

Expansion Bec.AR program in Korea.