Fee Protection Scheme (FPS)

The Singapore government has established the Fee Protection Scheme (FPS) to protect the tuition fees of all international students studying in Singapore. The Fee Protection Scheme (FPS) serves to protect the students' fees in the event of the Centre being unable to continue operations due to insolvency, and /or regulatory closure.

Furthermore, the FPS protects the student if the Centre fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts. EduTrust certified institutes must protect the total fees paid by all students via Escrow or Fee Insurance provided by appointed service providers.

Our Centre has opened an Escrow account with the Development Bank of Singapore (DBS) to protect the fees of our full-time international students.

With this facility, students do not pay their tuition fees directly to the school, but into a special bank account, called an Escrow account. The bank will then pay the tuition fees to the school in installments over the duration of the students’ course. In the event of the school canceling a course or closing down, the bank will return the unconsumed portion of the tuition fees to the student.

Step 1: Upon enrolment all international students are required to enter into a PEI-Student Contract that is legally binding between Ascend Education Centre and the student. The contract covers the following areas:  

Section 1 – Course Information and Fees.
Section 2 – Refund Policy
Section 3 – Fee Protection Scheme (FPS)
Section 4 – Medical Insurance Scheme
Section 5 – 11: These sections contain additional information to guide you on how to apply for a Student’s Pass, what to expect when your PEI changes ownership/management, and other relevant matters.

Please read the content of the contract carefully before signing. Please find sample copies of the contracts you will be required to sign below for all our full-time courses:

1. PEI student Contract (Starter)
2. PEI Student Contract (Elementry)
3. PEI Student Contract (Pre Intermediate)
4. PEI Student Contract (Intermidiate)
5. PEI Student Contract (Upper Intermediate)
6. PEI Student Contract (Advance)
7. PEI Student Contract (IELTS)

Keep one copy of the contract for your retention and please send one signed copy by registered post along with the Application Form; Escrow Form and Application Fee payment (if by Bank Draft, Money Order or Singapore Dollar Cheque made payable to ‘Ascend Education Centre Pte Ltd’.) 

Ascend Education Centre
19 Carpenter Street,#01-01, 
Singapore 059908
(Nearest MRT Station: Clarke Quay/Raffles)

If you have any questions regarding the PEI-Student Contract lease contact us at admissions@ascend.edu.sg

Step 2: Students will receive a Letter of Confirmation with a copy of the payment voucher from the Centre stating the amount of the course fees that students are supposed to deposit into the Escrow bank account and due dates for them to do so. The Letter of Confirmation also outlines the modes of payment into the Escrow Account. Course fees can be paid into the ESCROW account with DBS Bank Singapore through cashiers order, cheque, telegraphic transfer, ATM transfer or Internet Banking (the last two modes require the student to have a bank account with DBS in Singapore). Please always retain a receipt from your transaction for your own records and to show the school you have paid your fees.

Step 3: Students can verify the status of their fee protection via the Fee Protection Monitoring Application (FPMA) on the CPE website.