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The Student Protection Scheme (SPS) serves to protect the students' fees in the event a private educational organization (PEO) is unable to continue operations due to insolvency, and/or regulatory closure. Furthermore, the SPS protects the student if the PEO fails to pay penalties or return fees to the student arising from judgements made against it by the Singapore courts.
As required under the
Case Trust for Education, Arium Consulting and Education have signed up with
HSBC for the Student Tuition Fee Account (ESCROW) to protect the fees paid
by you against any discontinuation of studies.