Page 87 - NAFA-Diploma-Degree-Course-Guide-2019-2020

A D M I S S I O N S / C O U R S E F E E S / PAY M EN T M AT T ER S A D M I S S I O N S / C O U R S E F E E S / R EF U N D P OL IC Y

PAYMENT MATTERS REFUND POLICY

01 Payment by either cash, cheque, China UnionPay 07 Location of Cashier Counter: REFUND FOR WITHDRAWAL DUE TO NON-DELIVERY OF COURSE
(CUP), NETS, GIRO, Mastercard, VISA, or telegraphic Level 1, Room B1-11, NAFA Campus 1
transfer is acceptable. 0% Instalment Payment (Wing B, opposite the Ngee Ann Kongsi Galleries)
Plan (IPP) of 6 months for OCBC and UOB credit 80 Bencoolen Street, Singapore 189655 NAFA will notify the student within 3 working days upon knowledge of any of the following:
cardholders are also available for course fee payment. Operating Hours: 9:00am - 5:00pm • It does not commence the Course on the Course • It has not ensured that the student meets the course
02 Cheques or cashier’s orders should be crossed and (Mondays to Fridays, excluding public holidays) Commencement Date entry or matriculation requirement as set by the
made payable to ‘Nanyang Academy of Fine Arts’. The 08 Students can make online payment (via Mastercard or • It terminates the Course before the Course Academy stated in Schedule A of Student Contract
student’s name, NRIC/Passport number and contact VISA) at their convenience through the NAFA website Commencement Date within any stipulated timeline set by the CPE
number must be clearly indicated on the reverse side (www.nafa.edu.sg/pay). An online receipt will be • It does not complete the Course by the Course • The Student’s Pass application is rejected by
of the cheque or cashier’s order. Other modes of generated after each successful payment. However, Completion Date Immigration and Checkpoints Authority (ICA).
payment are by cash, NETS and credit cards at the payment via UOB or OCBC 0% IPP will have to be • It terminates the Course before the Course The student should be informed in writing of
cashier counter, online payment by Visa or Mastercard made at Finance Office. Completion Date alternative study arrangements (if any), and also be
through NAFA website, GIRO or wire transfer. entitled to a refund of the entire Course Fees and
09 DBS/POSB account holders may make the payment Miscellaneous Fees that are already paid should the
03 The Academy’s bank details for telegraphic transfer: via the DBS iBanking platform with their login. Under student decide to withdraw, within 7 working days of
Name Nanyang Academy of Fine Arts Pay Bills and select ‘NAFA-STUDENT BILL’ as Billing the above notice
Bank DBS Bank Ltd Organisation, and for Bill Reference, please quote the
A/c No 011-700128-8 student’s NRIC number (e.g. S1234567A) or FIN Number
Swift Code DBSSSGSG (e.g. G1234567A) and enter the amount to be remitted REFUND FOR WITHDRAWAL DUE TO OTHER REASONS
Address 12 Marina Boulevard to NAFA.
DBS Asia Central Marina Bay 10 DBS/POSB iBanking account user with a local registered
Financial Centre Tower 3 mobile number may transact payment via the smartphone If the student withdraws from the Course for any reason other than those stated above, NAFA will, within 7 working
Singapore 018982 application of DBS PayLah!. Under Bill Payment, select days of receiving the student’s written notice of withdrawal, refund the student an amount based on the refund table
When transferring funds through telegraphic transfer, “NAFA-STUDENT BILL” as Billing Organisation, and for stated in Schedule D of Student Contract.
please instruct the bank to include the following |Bill Reference, please quote the student’s NRIC number
details in the remittance advice: (e.g. S1234567A) or Fin Number (e.g. G1234567A) and
1. Student’s Name/2. Admission Number/Application enter the amount payable of up to $999.00 per transaction. REFUND DURING COOLING-OFF PERIOD
Number/3. Course of Study/4. Contact Details/ 11 After course commencement, the Academy reserves the
5. Passport Number/IC Number right to de-register the student if the student’s outstanding NAFA will provide the student with a Cooling-off Period of 7 working days from the date the Contract has been
04 Please fax a copy of the remittance details to fees remain unpaid for 3 weeks after a payment reminder signed by both parties. The student will be refunded the highest percentage (based on the refund table stated in
+65 6337 5218 (Finance Office) or e-mail is issued by the NAFA Finance Office. The student may Schedule D of Student Contract) of the fees already paid if the student submits a written notice of withdrawal to
[email protected] with the remittance be reinstated (subject to review) after all outstanding fees NAFA within the Cooling-off Period, regardless of whether the student has started the course or not.
details once the remittance is completed. (including the late payment charge) are paid in full.
05 Diploma Course: Fees should be paid within the 12 The student is ultimately responsible to the Academy
specified period stated in the Student Contract and for any outstanding amounts even if a sponsor has
other forms of payment advisory when applicable. undertaken to pay the fees.
Degree Course: Fees are payable in two instalments 13 Late submission and payment will not be accepted
(for one-year full-time degree course) or four by the Academy as this will lead to a delay in the
instalments (for two-year full-time degree course). processing of applications.

06 A penalty of S$15 per month will be levied if the
fees are not paid by the due date, or if the cheque
is returned by the bank and a replacement is not
C O UR S E F EES received by the due date. C O UR S E F EES

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