Fee Protection Scheme
The Fee Protection Scheme (FPS) serves to protect participants’ fees in the event that a Private Education Institution (PEI) is unable to continue operating due to insolvency, and/or regulatory closure. The FPS also protects participants if the PEI fails to pay penalties or return fees to the students arising from judgments made against it by the Singapore courts.
The FPS is compulsory for all participants taking courses at PEIs pursuing EduTrust Certification. Participants enrolled into these courses are required to pay a fee for FPS which varies depending on the fees of the courses insured.
TLA has appointed Great Eastern General Insurance Limited as the FPS insurance provider. To view a copy of the FPS Insurance Certificate, please CLICK HERE.
For more information on the Fee Protection Scheme, please visit Committee for Private Education (CPE) website.