Fee Protection Scheme
Fee Protection Scheme (FPS)
The Fee Protection Scheme 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. Furthermore, the FPS 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.
The FPS is applicable to ALL students (regardless of nationality and the type of passes, i.e. dependent’s pass, student’s pass, work permit etc) taking courses in PEIs with EduTrust certification. It applies to all courses with course duration of more than 1 month or 50 hours.
Amity Global Institute has put in place the Insurance Scheme arrangements to ensure that fees paid by students to the school are insured by CPE-appointed service providers.
All fees refer to all monies that are paid by the student to be enrolled in the Amity except for Course Application Fee and Miscellaneous Fees. GST is not inclusive as part of the fees to be protected.
Students are advised to email (email address: firstname.lastname@example.org) and notify Amity immediately of any payment made by Internet Banking, ATM Transfer or Telegraphic Transfer (TT).
For more details on
Fee Protection Scheme, click to https://www.tpgateway.gov.sg/resources/information-for-private-education-institutions-(peis)/protection-of-course-fees FPS Instruction Manual, click to https://www.tpgateway.gov.sg/docs/default-source/default-document-library/edutrust-certification-scheme/fee-protection-scheme-instruction-manual-ver4-0.pdf?sfvrsn=1ca102c_2
Amity has appointed Liberty Insurance Pte Ltd as the provider of FPS – Insurance.
FPS Insurance premiums are paid by Amity, unless stated in the Student Contract which has to be paid by the student separately.
Amity will purchase insurance within 7 days upon collection of fees (after signing the Student Contract) through the application system of the insurance provider. Students will receive the insurance certificate via email from the insurance provider.
The insurance coverage shall commence from the fee payment date till the next payment due date or the course end date, whichever is earlier.
Students who seek Deferment/Transfer/Withdrawal resulting in extension of the course duration will have to pay additional fee for the course fees applicable to the extended period.
Students can make their Course Fee payment at the Accounts & Finance Office in Cash and Cheque; or via Internet Banking, ATM Transfer or TT directly to:
Bank Name : DBS Bank Ltd
Account Name : Amity Global Institute Pte Ltd
Account Number : 003-923926-2
Bank Code : 7171
Branch Code : 003
Swift Address : DBSSSGSG
Bank Address : DBS Shenton Way Branch, 6 Shenton Way DBS Building Tower 2, Singapore 068809
Click here to download a copy of the Liberty Insurance FPS Certificate