FPS serves to protect the course fees paid by the students.

In the event that Exerceo Business International College (Exerceo) is unable to continue its operations due to insolvency and/or regulatory closure; students can claim the unconsumed fees from the FPS service provider.

FPS is compulsory for all local and international students taking courses at Exerceo except for short courses with waiver granted by CPE.

Exerceo has selected the FPS Insurance scheme with Lonpac Insurance Berhad for the convenience of the students.

Exerceo is strictly not allowed to collect course fees beyond 12 months for each installment.