Each and every student is equally significant and important to us. As such, the College will constantly strive to provide the necessary support to each and every student, so as to ensure that all our student's needs, are suitably looked after and taken care of.
Fee Protection Scheme
The Fee Protection Scheme seeks to protect a student’s fees in the event that IMSC is unable to continue operations due to insolvency and/or regulatory closure and/or any other reasons. The Fee Protection Scheme also protects students if IMSC fails to pay penalties or return fees to the students arising from judgement made against it by the Singapore courts.
For more information, please visit CPE’s website here.
What is IMSC’s Fee Protection Scheme?
IMSC has in place a Fee Protection Scheme as stipulated by the Committee for Private Education (CPE) by way of the Lonpac Insurance Scheme. IMSC's appointed FPS provider is Lonpac Insurance Bhd.
How does IMSC’s Fee Protection Scheme work?
Under IMSC's Fee Protection Scheme, all fees (subject to the exceptions as set out in the section below) will be protected by Lonpac Insurance, and all fees paid to our College, that remain unconsumed, will continue to be protected.
What Fees are Protected?
Apart from the following fees, all fees paid by students to IMSC are protected under FPS. Fees refer to all monies that are paid to IMSC by the student.
The following fees are exempted from the FPS, if collected by IMSC:
Course application fee
Prevailing Goods and Services Tax (GST)
Miscellaneous fees (any non-compulsory fees and pay only when applicable)
Examination fees collected less than 2 months before the examination date