Course Fees stipulated in Schedule B in Standard PEI-Student Contract SSTC are covered. Examples of protected fees are Course Fee, Hospitalisation & Surgical Insurance Fee, Registration Fee, Research & Development Fee, Science Lab Fee and Assessment Fee.

SSTC ensures that the Fee Protection Scheme (FPS) implementation complies with the requirements stated in the latest version of the Fee Protection Scheme Instruction Manual. For all new fees collected after 1 March 2024, FPS Group Insurance (FPS-G) is to be implemented. FPS-G insurance coverage for all students shall commence from the fee payment date and cover the course duration the fee is paid for or till the course end date.

1. Subject to the Terms of this Policy, We will indemnify a Student up to the Limit of Indemnity for :

   1. loss of Course Fee paid by the Student to the PEI in the event that the Student is unable to commence, continue with or complete the Course due to a Termination Event during the Period of Indemnity. The indemnity provided herein shall be limited to the portion of the paid Course Fee deemed un-utilised as at the date of the Termination Event and pro-rated to the time elapsed in respect of that part of the Course as relates to the Course Fee paid and to the extent the same is not refunded to the Student. The un-utilised Course Fee shall be calculated based on the number of calendar days left to end of period for which the course fees have been paid to the PEI); and/or

   2. such part of a Judgement Sum remaining unpaid by the PEI as at the date of the issuance of a Payout Instruction in respect of a Judgment Debt Default Event.

2. For the avoidance of doubt, save for the indemnity expressly provided herein, this Policy does not pay for any other indirect or consequential loss, damage, pecuniary cost, liability, cost and/or expenses whatsoever suffered or incurred by the Student.

Lonpac Insurance Bhd
300 Beach Road
#17-04/06 The Concourse
Singapore 199555