We have in place the Fee Protection Scheme (FPS) to provide full protection to all fees* paid by all students as stipulated by the CPE. The FPS facilities available are: Escrow and Insurance.

* All fees refer to all monies that are paid by student to be enrolled in TMC except for course application fee and miscellaneous fee. GST is not inclusive as part of fees to be protected.

Students can check and confirm they are protected under the Fee Protection Scheme by logging on to the CPE website and clicking on the Quick Links for Students (under “Are my school fees protected”), click here to check now. The Student’s NRIC/ FIN number will be required.

• Escrow Scheme
  TMC has entered into a Master Escrow Agreement between CPE and DBS Bank Limited and the copy of master agreement is available here. Under the Escrow Scheme, students will pay their fees directly to DBS Bank who acts as a trustee and disburse the fees on a regular basis to TMC.
  
  Student fee Account (Escrow)

• Insurance Scheme
  TMC has entered into a master insurance agreement between CPE and Lonpac Insurance Bhd (the “Master Insurance Agreement”) for the purpose of insuring, among other things, the Student. This Master Insurance Agreement can be found here, and sets out, among other things, the events under which students are indemnified for their Course fees paid to TMC.

Medical Insurance (MI)

TMC has in place a Medical Insurance (MI) scheme for all its students as required by CPE under the EduTrust certification scheme. This medical insurance scheme will minimally provide for an annual coverage limit of not less than S$20,000 per student, at least B2 ward in government and restructured hospitals and 24 hours coverage in Singapore and overseas (if student is involved in school-related activities) throughout the course duration.

Full-time Local/Permanent Resident or non-Student Pass International students who are protected by their own medical insurance in Singapore can opt out of the aforementioned medical insurance scheme. Evidence of the medical insurance must be produced prior to course admission. This Medical Insurance scheme is not mandatory for part-time students.

The Council for Private Education (CPE)

Established under the Private Education Act, the Council for Private Education is a statutory board empowered with the legislative power to regulate the private education sector. In addition to its role as the sectoral regulator of private education institutions, the Council facilitates capability development efforts to uplift standards in the local private education industry.

The Council is governed by a Board, helmed by Mr Lin Cheng Ton, Chief Executive Officer of Nanyang Polytechnic International, and comprises experienced individuals from the fields of education, quality assurance and business, as well as economic agencies involved in the promotion of the private education sector. Overseeing the day-to-day operations of the Council is the Chief Executive Officer, Mr Henry Heng.

For more information, please refer to the Council for Private Education website at www.cpe.gov.sg