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Lead
TheprivateSchool
Bybecoming
Areliablefriend
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
futureof the education in Korea.
Vision and Strategic Target
Mission:Enhanceeducationalcompetitivenesswithbusinessimprovementsupportfromeducationinstitute
Strategic Target
Vision:Becomingacomplexandspecialbusinessimprovementsupportexclusiveinstituteforeducationalinstitute
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 President
Part-time
Auditor
Board
(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 ofArgentina 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 schoolinstitutefinanceandbudget&accountspresentconditioninvestigation
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 consultingbusiness
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 forum
Aim : 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)
Conductpolicy study
Aim : 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& supplyhighereducation financeissue paper
Aim: 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.
MinistryofEducation
KoreaFoundationforthe
PromotionofPrivateschool
EducationalFoundation
Reportfulfillmentresult
Asksupplementdocument
/analyzefulfillmentreport
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
Management
Consulting
• 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 study
Advancementformofadvanceduniversities,countries,sizesStudyfinanceinvestmentstatus
1
Fulfill overseas country advancement consulting
Consultingsupportforsmoothadvancementofuniversitiesthatwishadvancement
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 System
TheBrazil
government
(CNPq,CAPES)
Koreanconsigned
institute
(KFPP)
Localuniversities
(12universities)
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.

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Introduction of KFPP

  • 2. 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 futureof the education in Korea.
  • 3. Vision and Strategic Target Mission:Enhanceeducationalcompetitivenesswithbusinessimprovementsupportfromeducationinstitute Strategic Target Vision:Becomingacomplexandspecialbusinessimprovementsupportexclusiveinstituteforeducationalinstitute 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
  • 4. Organization Structure • Management of ‘Science without Borders’ of Brazil in Korea • Management of ‘Bec.AR’ of Argentina in Korea Secretary General Board President Part-time Auditor Board (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
  • 5. 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 ofArgentina scholarship program in Korea, “Bec.AR ”
  • 6. 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).
  • 7. 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.
  • 8. 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.
  • 9. 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.
  • 10. 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 schoolinstitutefinanceandbudget&accountspresentconditioninvestigation 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.
  • 11. 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 consultingbusiness 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)
  • 12. University finance study business Open private school promotion forum Aim : 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) Conductpolicy study Aim : 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& supplyhighereducation financeissue paper Aim: 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.
  • 13. 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. MinistryofEducation KoreaFoundationforthe PromotionofPrivateschool EducationalFoundation Reportfulfillmentresult Asksupplementdocument /analyzefulfillmentreport
  • 14. 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.
  • 15. 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 Management Consulting • 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.
  • 16. 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 study Advancementformofadvanceduniversities,countries,sizesStudyfinanceinvestmentstatus 1 Fulfill overseas country advancement consulting Consultingsupportforsmoothadvancementofuniversitiesthatwishadvancement 2
  • 17. 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.
  • 18. 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 System TheBrazil government (CNPq,CAPES) Koreanconsigned institute (KFPP) Localuniversities (12universities) 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.
  • 19. 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.