With effective from 1st October 2024, the Committee for Private Education (CPE) is dissolved and SkillsFuture Singapore (SSG) will fully carry out its functions and powers relating to private education under the Private Education Act.
SSG is supported by a team of dedicated staff to regulate the sector, provide student services, consumer education and facilitate capability development efforts to uplift standards in the local private education industry. For more information, please refer to SSG website.
The Fee Protection Scheme (FPS) serves to protect students’ fees in the event that a PEI is unable to continue operating due to insolvency, and/or regulatory closure. The FPS also protects students if the PEI fails to pay penalties or return fees to the students arising from judgments made against it by the Singapore courts.
The FPS is compulsory for all students’ (local and international students) taking course at PEIs pursuing EduTrust Certification. The FPS applies to courses with duration of more than 1 month or 50 hours, it provides full protection for all fees paid by the students. Students enrolled into these courses are required to pay a fee for FPS which varies depending on the fees of the courses insured.
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SHRM will purchase insurance from the list of SSG-approved FPS providers for all students enrolled to ensure protection of the students’ fees. Under the insurance scheme, SHRM is allowed to collect the course fees from the students directly. There is a collection cap of 12 months. SHRM shall purchase insurance within 7 working days of receipt of the fees from the student. The insurance coverage shall commence from the date of payment of the fees till the due date of the next payment or the course end date, whichever is earlier.
SHRM’s FPS provider is Liberty Insurance Pte Ltd.
All fees paid by you to be enrolled at SHRM except for application fee, will be protected by FPS. GST is not inclusive as part of fees to be protected. There is another type of fee payable which is referred to as miscellaneous fees. Miscellaneous fees refer to any non-compulsory and non-standard fee which you will pay only when necessary or applicable, for example, supplementary paper and repeat fees. Such fees are normally collected on an ad-hoc basis by the PEI when the need arises. These miscellaneous fees need not be protected but they will be reflected clearly in the student contract.
要查看费用保障计划保险证书的副本，请参阅
- Liberty Insurance Pte Ltd 费用保障计划：保险证书
- You can also find more information of the Fee Protection Scheme at SSG website , please click 这里
All students are required to be covered by Medical Insurance for their entire course duration with SHRM. All SHRM students are covered under a group medical insurance scheme with an annual coverage limit of S$20,000 per student It covers at least B2 ward in government and restructured hospitals and provides for 24-hour coverage in Singapore and overseas (if the student is involved in SHRM-related activities). If students need assistance in submitting a claim, they can approach the Student Services Department.
The link below contains the Certificate of Insurance, details of the Medical Insurance Coverage. Please click here: Student Medical Insurance
