Student Fee Protection

FPS-G Insurance

The PEI is required to protect the total course fee paid by all its students via FPS with SWDA Appointed Fee Protection Scheme Insurers and demonstrate full compliance.

Under the FPS Group Insurance (FPS-G), a Contract of Insurance (COI) will be issued to the PEIs by the FPS Insurer with an annually determined Maximum Insurable Limit (MIL) to cover all course fees to be collected by the PEI during the period of indemnity. At all times, the utilisation of the insurance coverage limit shall not be more than the MIL.

USC’s FPS-G insurer is Lonpac Insurance.