Last Updated: 29 December 2021
As stipulated by CPE by way of an insurance facility to provide fee protection to all its local and international students in the event SYAS is unable to continue operating due to insolvency and/or regulatory closure, SYAS has implemented a Fee Protection Scheme (FPS). The FPS also protects students if SYAS fails to pay penalties or return fees to the students arising from judgement made against it by the Singapore courts.
SYAS has appointed FPS provider Lonpac Insurance Bhd, an insurance provider approved by CPE.
Protecting Student Interest:
- SYAS will purchase FPS insurance on the day course fees for the student are transacted.
- Insurance coverage commences from the date of payment of course fees till the course end date.
- Certificate of Insurance (COI) will be emailed, by Lonpac Insurance Bhd, to students via the email address provided.
- SYAS will also provide a hard copy of the COI to students.