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Fee Protection Scheme

The Fee Protection Scheme (FPS) serves to protect students’ fees in the event a private education institution is unable to continue operating due to insolvency, and/or regulatory closure. The Fee Protection Scheme also protects students if the private education institution fails to pay penalties or return fees to the students arising from judgement made against it by the Singapore courts.

EduTrust-certified private education institutions are required to adopt the Fee Protection Scheme to provide full protection to all fees paid by their students. This is applicable to all students (local and international)

The school has appointed a FPS provider, Lonpac Insurance Bhd. All Students are protected under FPS. (For details, please refer to standard student contract or The Council for Private Education (CPE) at www.cpe.gov.sg .)

All students are required to sign the Standard-PEI Student Contract, applying for the FPS and acknowledge the Form 12 (Advisary Note to Student) of Private Education Act (No.21 of 2009) to verify that they fully understand the FPS - Regulation 25(5)(b).

Students can also check on their fees protection status via CPE website - www.cpe.gov.sg by inputing either their Singapore Identificaition Card number (NRIC) or Foreign Identification Number (FIN).

To view Lonpac Insurance Bhd poilcy, click here

 
   
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Standard Student Contract
Fee Protection Scheme
Medical Insurance Scheme
Course Fees
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COPYRIGHT © 2011 | SmartTeam School of Management Pte Ltd | UEN : 200803853H | Expiry : September 17, 2011