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 judgment 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. All fees refer to all monies paid by the students to be enrolled in a private education institution, excluding the course application fee, agent commission fee (if applicable), miscellaneous fees (non-compulsory and non-standard fee paid only when necessary or where applicable, for example, the re-exam fee or charges for credit card payment etc.) Only after signing of the Advisory Note to Students and Student Contract, the student is allowed to pay to ACE’s bank account or Finance Department.
Shelton has appointed LONPAC Insurance Bhd to be the FPS providers for our students. Click here to view our FPS Certificate
Should you need more information with regards to this Fee Protection Scheme (FPS), please refer to the Committee for Private Education (CPE)’s section of Skills Future SG website (www.ssg-wsg.gov.sg).