Fee Protection Scheme
3.1 Course fees paid by students are protected under the Fee Protection Scheme (FPS), in accordance with the Committee for Private Education’s (CPE’s) requirements. Exerceo will purchase FPS insurance cover from Liberty Insurance for course fees received.
3.2 For more information on FPS, students can ask Exerceo’s education consultants or refer to CPE’s website at www.cpe.gov.sg.
3.3 The insurance premium required to be paid by students is indicated in the contract. The insurance coverage period commences from the fee payment date (and not the course commencement date), and the end date of coverage will be the next payment due date or the course end date.
3.4 If the fee protection status of a student changes for any reason, Exerceo will update the FPS provider within 3 working days.