Fee Protection Scheme (Fps)
The Fee Protection Scheme (FPS) serves to protect the students’ fees in the event a Private Education Institution (PEI) is unable to continue operations due to insolvency, and/or regulatory closure.
The FPS also protects the student if the PEI fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts.
FPS is compulsory for both local and international students taking courses at Imelda except for courses with waiver granted by CPE.
The actual premium amount to be paid for both local and international students will be calculated from the day the first instalment payment is made by the student.
|Insurance Provider:||Lonpac Insurance BHD|
|Period of Insurance:||13 March 2018 to 12 March 2019|