Master Escrow Agreement


CaseTrust for Education

Inspire Business School has been awarded with the CaseTrust for Education by the Consumers Association of Singapore (CASE).The scheme ensures that PEOs fulfilled all the mandatory regulatory requirements for enrolling international students. A PEO that achieves CaseTrust for Education is certified as an organization that possesses the foundation for good quality student welfare and protection practices and standards. The PEO will have the following mechanisms in place:

a. Clear definition of course details
b. Clear fees policy
c. Commitment to Student Protection Scheme by way of Student Tuition Fee Account (Escrow) or Student Tuition Fee Insurance
d. Clear definition of refund policies covering
e. Clear definition of student redress practice and systems.


For more information, please visit CASE website at http://www.case.org.sg

With effect from 1st of May 2005, all international students studying in PEOs will be required to enter into a CASE Standard Student Contract with the PEO as part of the regulations of CaseTrust for Education.


Standard Student Contract

All PEOs will need to prepare standard contracts to provide for transparency for enrolling international students. Detailed information includes course fees, start and end date of course, and recourse in the event of the need for fee refund. All prospective students (both local and international) will enter into a Standard Student Contract with our school upon confirmation on enrolment into courses.

Student Protection Scheme

The student protection scheme (SPS) is compulsory for all foreign students. Local students can choose to opt-in to this scheme. The SPS serves to protect the international students' tuition fees in the event the school is unable to continue operations due to insolvency, and/or regulatory closure. All international students studying in our school are covered by the student protection scheme by way of a Students Tuition Fee Account ( Escrow).

Refund Policies

Withdrawal by student (withdraw, transfer or change course)

  • Request for transfer / withdrawal must be made in writing and submitted together with supporting documents to our school.
  • Students who withdraw from our school to enroll with another school or transfer to another course within our school shall be deemed to have withdrawn from the course.
  • Upon receiving requests from Students for Transfer/Withdrawal from course, Students are to surrender their Student's Pass to the school.
  • Only Tuition fee and deposit will be refunded.
  • Our refund policies:

% of [ the aggregrate amount of the course fee and additional fees paid] If student¡¯s written notice of withdrawal is received
70%
More than 30 days before the Commencement Date
50%
Before, but not more than 30 days before the Commencement Date
20%
After, but not more than 3 days after the Commencement Date
10%
More than [3]* days after the Commencement Date, but not more than [7]* days after the Commencement Date
0%
More than 7 days after the Commencement Date

Termination of Course by School

If our school terminates the course for any reason prior to the completion of the course, our school shall within 14 days after receiving the student¡¯s notice of withdrawal refund to the student the entire amount of the Tuition Fee and Deposit, and the Non-Tuition Fees or Additional Fees


Student Grievance Procedures

  • Students feedback/ complaints are to be documented using the Student Feedback / Complaint Form.
  • The responsibility of staff to ensure Student Feedback / Complaint are properly handled are defined in the Student Feedback / Complaint Form to ensure effectiveness in resolving the issues that were raised.
  • Our school will keep complainant informed of the status of the complaint investigation.
  • Initial respond to a complaint by our school should be within 2 days upon receipt.
  • Our school shall resolve complaints within a maximum of 21 days upon receipt of the complaint. A Feedback / Complaint Investigation Report will be provided to the student.
  • In the event that the student and our school are unable to resolve the dispute in accordance with the grievance procedure above, the student and our school shall refer the dispute to the CASE Mediation Centre for mediation prior to instituting any legal action or proceedings.
  • The student and our school hereby agree to such procedures and to pay such fees as the CASE Mediation Centre may prescribe from time to time for the purpose of resolving the dispute.

Student's Pass Application

For International Student

The Immigration & Checkpoints Authority of Singapore requires all international students pursuing full time studies in Singapore to apply for a student¡¯s pass.

Documents Required for Student¡¯s Pass Application

  1. Duly completed Inspire Business School application form
  2. Duly signed Student Acknowledgement form
  3. Duly signed Student Esrow Confirmation form
  4. Duly completed Immigration & Checkpoints Authority Form 16 & V36
  5. Applicant¡¯s Birth Certificate (Notary certified true copies)
  6. Applicant¡¯s education certificates and result transcripts (Notary certified true copies)
  7. Documentary proof of financial ability in the form of bank fixed deposit of at least SGD$30,000 for 6 months (for visa-required countries)
  8. Applicant¡¯s and/or parent¡¯s letter of employment with English translation
  9. Applicant¡¯s 4 recent passport sized photographs
  10. Photocopy of applicant¡¯s valid passport
    • All documents in foreign languages must be officially translated into English and submit together with the original language documents.
    • Applicants are advised to submit applications at least 2 months before the commencement of the course. Incomplete forms will be returned and result in delay in the application process.
Upon receipt of full doucments from Student, the school will submit to the Immigration and Checkpoint Authority(ICA) for the application of Student's Pass. 

 
Student Handbook

Students are advised to refer to the Student Handbook for more information.

Confidentiality

The school is committed to maintaining the confidentiality of the Student's personal information and undertakes not to divulge any of the Student's personal information to any third party without the prior written consent of the Student.


 
Standard Student Contract and Misc Files Download

Standard Student Contract for Certificate in English for Foreigners
Standard Student Contract for Diploma in Accounting
Standard Student Contract for Advanced Diploma in Accounting
Standard Student Contract for Hotel Management
Standard Student Contract for Diploma in Business Administration
Standard Student Contract for Advanced Diploma in Business Administration
Inspire Business School Application Form
Inspire Business School Student Handbook
        
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