Stamford American Elementary School Curriculum Guide - page 36

35
Fee Protection
In compliance with the regulations under the Private Education Act 2009, all students’
fees must be insured under the Fee Protection Scheme (FPS). All Stamford students
are covered by way of Insurance Protection as stipulated by the Council for Private
Education. The Fee Protection Scheme serves to protect the course fees that are paid
to Private Education Institutes in Singapore. Fees are only considered protected once
they are paid to Stamford. Stamford then activates the insurance policy with the
appointed provider. The provider will then issue a certificate to the family indicating
the amount covered and the period of coverage. Stamford has appointed LONPAC
Insurance Bhd to be the FPS provider for our students.
Medical Insurance
Stamford American International School Ltd Pte has a medical insurance scheme in
place for all students. The student’s parent/guardian is encouraged to seek advice on
whether more comprehensive insurance cover is required or desired.
This scheme provides a basic annual coverage limit of not less than $20,000 per
student in B1 ward in government and restructured hospitals and up to overall
maximum limit per policy year, with 24 hours coverage in Singapore and overseas
(if the student is involved in the school-related activities) throughout the course
duration as required by the Council for Private Education (CPE) under the EduTrust
certification scheme. Stamford has appointed Sime Darby Insurance Brokers
(Singapore) Pte Ltd. as the medical insurance provider for our students.
Refund Policy and Procedure
Non-Refundable Application Fee
The Application Fee is strictly non-refundable and non-transferable except in the
following circumstances:
1) Stamford is unable to offer a place to a student applicant due to denial of student pass
or failure to obtain approval by the relevant Singapore authorities
2) Stamford is unable to offer a place to a student applicant due to waitlist at Stamford
and the student elects not to be placed on the waitlist
3) Student applicant does not meet the eligibility criteria for enrolment at Stamford
4) Stamford is unable to offer a place to a student applicant due to sibling priority policy
as published by Stamford
The Application Fee will be refunded in full in the event a Student application cannot
be accepted at Stamford for the reasons set out in 1) to 4) as determined by Stamford
in its sole discretion.
Non-Refundable Facility Fee
The Facility Fee is payable in full at the time of acceptance in order to secure a place.
If payment is not received within 7 calendar days of receipt of the school’s invoice,
priority will be given to other applicants. The Facility Fee is a one-time administrative
fee that is non-refundable. The full amount applies regardless of enrolment date.
Additional Information
1...,26,27,28,29,30,31,32,33,34,35 37,38,39,40