Fee Protection Scheme - Singapore’s College & Business School | DIMENSIONS

Fee Protection Scheme

The Fee Protection Scheme (FPS) serves to protect students’ fees in the event if a private education institution is unable to continue operating due to insolvency, and/or regulatory closure. The FPS 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.

 

All the course fees paid (including re-module fee) by the students to DIMENSIONS will be protected under FPS Group Insurance by Liberty Insurance Pte. Ltd. The insurance coverage shall commence from the fee payment date and cover the course duration the fee is paid for or till the course end date.

The following fees are exempted from the FPS, if collected by DIMENSIONS:

  • Course application fee
  • Prevailing Goods and Service Tax (GST)
  • Miscellaneous fees
  • FPS insurance premium
  • Examination fees collected less than 2 months before examination date

 

Course with a duration of not more than 30 days or 50 hours are not required to be protected by FPS.

DIMENSIONS is allowed to collect up to a maximum of 12 months’ worth of course fee. All the course fee and/or re-module fee paid by students by both local and international.

Click here for Fee Protection Scheme Group Insurance Certificate 2024