EduTrust Scheme
Private Education Act & the Council for Private Education
Established under the Private Education Act, the Council for Private Education (CPE) is a statutory board empowered with the legislative power to regulate the private education sector. In addition to its role as the sectoral regulator of private education institutions, the Council facilitates capability development efforts to uplift standards in the local private education industry.
Under the Private Education Act, the Council for Private Education will implement two schemes: a mandatory Enhanced Registration Framework (ERF) and a voluntary quality assurance scheme, called EduTrust.
For further information, please visit the Council for Private Education’s website at www.cpe.gov.sg
EduTrust Certification Scheme
The EduTrust certification scheme provides a trust mark of quality. Private Education Institutions need to achieve higher and more comprehensive standards in their corporate governance and administration, academic processes, student protection and support services, and financial viability. The EduTrust certificate scheme enables them to differentiate themselves as of a higher quality by achieving certification awards that correspond to their standards.
Fee Protection Scheme (FPS)
As required by the Council for Private Education, TEG International College has put in place a Fee Protection Scheme (FPS). The FPS serves to protect the student’s fees in the event that TEG International College is unable to continue operations due to insolvency, and/or regulatory closure. In addition, the FPS protects the student if the PEI fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts.
The FPS is available through HSBC Escrow Account. This scheme is compulsory for all local and international students.
TEG International College Private Limited maintains a Master Escrow Agreement with The Hongkong and Shanghai Banking Corpotation Limited (HSBC).
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HSBC Master Escrow Agreement
(For Both International and Local Students)
Medical Insurance
TEG International College has put in place a group medical insurance scheme provided by HSBC Insurance for all students as required by CPE under EduTrust certification scheme. This medical insurance scheme shall minimally provide for an annual coverage limit of not less than S$20,000 per student, at least B2 ward in government and restructured hospitals and 24 hours coverage in Singapore and overseas (if student is involved in school-related activities) throughout the course duration.
A Singapore citizen/Permanent Resident or a non-Student’s Pass international student who is protected by his own medical insurance coverage in Singapore can opt out from the medical insurance scheme. CPE has mandated that students who opt out must produce their medical insurance policy for verification by the PEI. TEG International College will only exempt students who submit a copy of their medical insurance policy for opting out.
- AXA Insurance Singapore Pte Ltd Policy Schedule
(For Both International and Local Students) - AXA Insurance Singapore Pte Ltd Claim Form
(For Both International and Local Students)
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