Student Protection Scheme |
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The JDMIS participates in the CASE Student Protection Scheme - a guarantee that a student’s course fees are protected by a third party in the event that the school should not be able to provide the education its students enrolled for. To this end, the JDMIS has established a Tuition Escrow Account with the Development Bank of Singapore into which student tuition fees are paid; funds from this account are released over time and may be recovered by the student should the school not responsibly execute its educational commitments. Purpose of the SPSThe SPS serves to protect the students' tuition fees in the event that a private education organisation (PEO)
The JDMIS participates in the Student Protection Scheme by means of a Student Tuition Fee Account (Escrow). This is a special account with the Development Bank of Singapore that protects the fees paid by you against discontinuation of studies. Copies of the JDMIS escrow agreement with DBS bank may be found here. Payment ScheduleUpon decision to admit you, the JDMIS opens a Student Tuition Fee Account for you with our designated bank. You will sign a Student Escrow Confirmation when you send us your acceptance letter. You will make tuition fee payments directly into this escrow account. Tuition fee payments are made on a per-term basis and are invoiced in advance for your convenience. All invoiced fees must be received before the start of the term to avoid your withdrawal (without cause) from JDMIS programs. JDMIS does no access your tuition fees until your class commencement. Moneys accumulated in your escrow account will be transferred to the JDMIS based on the following payment schedule:
Non-Tuition FeesPayments for non-tuition related fees, such as registration fees, course materials fees and miscellaneous fees are made directly to the JDMIS. The breakdown of Tuition and Non-tuition fees is clearly identified on all JDMIS invoices for your convenience. |


