STUDENT PROTECTION SCHEME (SPS)

Opening of ESCROW Account

As required under the Case Trust for Education, we have signed up with DBS Bank Limited for the Student Tuition Fee Account (ESCROW) to protect the fees paid by you against any discontinuation of studies e.g. rejection of student pass application by the ICA, legal closure of school, cessation of school’s operation, etc.

Payment Schedule

Upon confirmation of your admission, we shall open a Student Tuition Fee Account (ESCROW) for you with our designated bank. You will sign a Student Escrow Confirmation form when you apply to join us for payment of the tuition fees into your ESCROW account.

Your tuition fees received from your ESCROW account will be deducted based on the following payment schedule

• Initial 30% of the tuition fees received will be paid by the 5th day of your
course commencement date

• Balance 70% of the tuition fees will be paid in equal instalments over your
duration of course on first day of each subsequent calendar month

Mode of Payment

There are many ways that you can pay your tuition fees into your ESCROW Account

• Cheque, Cashier’s Order & Singapore Dollar Bank Draft
• Internet Banking
• Telegraphic Transfer
• ATM