Fee Protection Scheme

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Fee Protection Scheme

An important aspect of the EduTrust framework is the Fee Protection Scheme (FPS). It serves to protect the students' fees in the event the college is unable to continue operations due to insolvency, and /or regulatory closure. Furthermore, the FPS protects the student if the college 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 provided by appointed service providers.

Bradford-Rex College of Hospitality & Management has adopted the Fee Protection Scheme (FPS) to provide full protection to all fees paid by their students as required under the EduTrust Certification scheme.

Bradford-Rex College has operating Escrow Accounts with the following bank(s) to protect the fees paid by the students; Standard Chartered Bank

Before the students are officially admitted: Either Bradford-Rex’s appointed recruitment agents / Front desk Course Coordinator will:

i. explain the detailed breakdown of fees payable by student and payment schedule;
ii. Inform students that no money is to be paid to the Agent or College (payment must be made by student directly into Escrow Banks)
iii. Clearly state any miscellaneous fees chargeable (for example, ad-hoc charges such as re-exam fee, membership charges etc);
iv. Explain FPS and assure that 100% of the payable fees will be protected under the scheme;
v. Address all other queries relating to FPS that the student might have.
vi. Provide CPE website address to prospective students for more details of the FPS.

After the student is officially admitted:

vii. Reiterate the information shared during the student’s admission (from i to vi)
viii. State the FPS scheme and provider that PEI has adopted and explain the FPS scheme in detail;
ix. Explain the procedures that the students should adhere to, and the official documents that the student should expect to receive under the adopted FPS scheme.
x. Advise the student on the payment schedule and the total chargeable fees;
xi. Inform students on how they can check and monitor the status of their protected fees at CPE’s official website (www.cpe.gov.sg) under the Fee Protection Monitoring Module.

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Escrow Account

Students will deposit all their fees into the appointed Escrow bank account. Funds in the escrow account are disbursed to the college on a regular basis only if specified conditions are met. This disbursement will stop when the following circumstances occur:

  • The college is unable to continue operation due to insolvency, and/or regulatory closure; and
  • The college fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts.

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Student Contract 

All students are required to sign the Standard PEI-Student Contract. The contract legally binds the college and its students with mandatory requirements. Samples of Edutrust-Approved Student Contract: 

For more information, please visit Council for Private Education (CPE) website at www.cpe.gov.sg

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