Use of funding

  • All funds of FOSTECT are used only for sponsoring the activities of science and technology of Ton Duc Thang University and approved by the President of FOSTECT Board of Management (President of the University).

  • Main sponsors of FOSTECT will receive the annual financial report of the science and technology activities of the University.

  • Sponsored research projects shall be funded initially upon approval. The balance of the project’s total approved budget shall be received when the project’s completion is recognized by the University.