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1. PURPOSE OF CEF
With effect from November 2021, CEF provides funding of up to 80% of the total deficit cost capped at $5,000.
Example of funding calculation: 80% * Total Deficit Cost
= 80% * (Total of Supportable Expenditures - Total income generated from project)
Funding is on a reimbursement basis, students will have to incur and bear all expenses upfront. Students can claim for completed projects as long as it is within the financial year of approval.

