The College has put in place and adopted the Fee Protection Scheme (FPS) which serves to protect students’ fees in the event a private education institution is unable to continue operating due to insolvency, and/or regulatory closure. The Fee Protection Scheme also protects students if the private education institution fails to pay penalties or return fees to the students arising from judgment made against it by the Singapore courts. The Fees Protection Scheme is available in 2 forms, either insurance or escrow scheme. Under the CPE regulations, this scheme is compulsory for all students. Capital College of Management and technology has appointed Lonpac Insurance Bhd as our FPS insurance provider. Under the FPS insurance scheme, students’ fees are insured by Lonpac Insurance Bhd. In the case of events, as stated in the terms of the insurance coverage, students protected under this scheme will be able to make a claim from Lonpac for the fees they paid.