The Fee Protection Scheme serves to protect the Students’ fees in the event a Private Education Institution (PEI) is unable to continue operations due to insolvency, and/or regulatory closure. Furthermore, the FPS protects the student if the PEI fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts.
The FPS is applicable to ALL students (regardless of nationality and the type of passes, i.e. dependent’s pass, student’s pass, work permit etc) taking courses in PEIs with EduTrust certification. It applies to all courses with a course duration of more than 1 month or 50 hours.
KIT Education has implemented the FPS Insurance Scheme arrangements to ensure that fees paid by students to the school are insured by SSG-appointed service providers. With effect from 1st February 2025, course fees paid would be protected under the FPS Group Insurance by Great Eastern General Insurance Limited.
FPS insurance premiums are paid by KIT Education unless otherwise stated in the Student Contract as payable separately by the student. 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.
For more details on Fee Protection Scheme, click to
https://www.tpgateway.gov.sg/resources/information-for-private-education-institutions-(peis)/protection-of-course-fees