NAFA adopts a mandatory Fee Protection Scheme (FPS) to protect the paid fees of both local and international students for Full-time degree programmes, Preparatory English courses and Nafa Foundation Programme. The FPS serves to protect the student’s fees in the event that the PEI is unable to continue operations due to insolvency, and/or regulatory closure. In addition, the FPS protects the student if the PEI fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts.
NAFA has appointed Etiqa Insurance Pte Ltd and Liberty Insurance Pte Ltd as our FPS insurance providers. Under the FPS insurance scheme, students’ fees will be insured by the insurer pre-assigned by NAFA. In case of events, as stated above, students will be able to claim their paid fees from the respective FPS insurance provider.
More details of the FPS can also be found in the FPS Instruction Manual, available at www.ssg.gov.sg/cpe/pei.html.
Bachelor of Music (Hons) course, funded by Singapore’s Ministry of Education (MOE), is exempted from the Fee Protection Scheme.
Fee Protection Scheme Certificate
Etiqa Insurance Pte Ltd
The policy is valid from 15 Oct 2020 to 14 Oct 2021. To view the certificate, please click here.
Liberty Insurance Pte Ltd
The policy is valid from 17 Dec 2019 to 31 Dec 2021. To view the certificate, please click here.