Fee Protection Scheme (FPS)
The College has put in place and adopted the Fee Protection Scheme (FPS) which serves to protect students’ fees in the event a private education institution is unable to continue operating due to insolvency, and/or regulatory closure. The Fee Protection Scheme also protects students if the private education institution fails to pay penalties or return fees to the students arising from judgment made against it by the Singapore courts. Under CPE regulation, a PEI is required to adopt the insurance scheme to provide fee protection to all its students. CCAMT has appointed Lonpac Insurance Bhd as our insurance provider.