Singapore medical bond liquidated damages calculator

Your service obligation starts after you complete PGY1 and obtain full registration with the Singapore Medical Council—not on graduation day. The medical tuition grant agreement calls this the “Service Obligation Period”. The table below shows the standard period by school and citizenship status.

The calculator applies the possible pro-ration formula in the published NUS and NTU medical tuition grant agreements:

Estimated LD = full LD × (bond months − credited months) ÷ bond months

In the agreements, bond months are the complete months in your Service Obligation Period and credited months are the complete months you have served. Proration is at the government's discretion, so the result is a planning estimate rather than a final quote for paying off your bond. If MOHH has supplied an official credited-month total, use it instead of the date-derived estimate.

For date-based estimates, the leaving date starts at three months from today, rounded up to the last day of that month. This is a conservative planning default, not a universal MOHH notice period. Singapore's employment guidance says to use the notice period in your contract.

Ask MOHH for your written liquidated damages calculation and enter that amount in the calculator. The calculator can also prefill the available doctor-reported figures for AY2016/17 and AY2018/19; other intake years require a figure from MOHH.

How is the full liquidated damages amount calculated?

The published AY2026/27 NUS and NTU agreements base it on the tuition subsidy actually disbursed, plus 10% annual compound interest on each disbursement until course completion or an earlier government demand.

Does compound interest accrue during a leave of absence?

Yes. The published AY2026/27 NUS and NTU agreements expressly state that compound interest continues during leave of absence from studies during the course. Medical students considering an LOA should factor this into their decision and ask MOHH how the leave would affect their LD calculation. Separately, approved leave during PGY1 or the service obligation does not count as bond service.

Does compound interest continue after graduation?

The 10% compound interest on the subsidy ends at course completion, or at an earlier government demand. It does not continue through PGY1 or bond service. If liquidated damages become payable and are not paid by the deadline, separate late-payment interest at the government arrears rate can apply until payment is made in full.

These answers use the published AY2026/27 NUS and NTU sample agreements. MOH does not currently publish a Duke-NUS sample agreement; your signed agreement and MOHH's written calculation control.

These details can change the amount you owe or the timing of your departure.

Can I pay off a medical bond in instalments?

The official FAQ says students and sureties are required to pay liquidated damages in one lump sum. An appeal may be considered case by case for extenuating circumstances, and prevailing interest may apply.

What notice period should I use for my leaving date?

Use the notice period in your employment contract. The calculator pre-fills three months and rounds the date up to month-end as a conservative planning assumption, not as a published universal MOHH notice period.

• The estimate does not include late-payment interest, MOHH's service-credit decisions, or a subsidy calculation from individual disbursements. Duke-NUS's exact interest clause is not currently published.
• This is a general planning tool, not legal or financial advice or an official payoff quote. Your signed agreement may differ from the published samples, so check its terms and ask MOHH for a written calculation before making a decision.