STUDENT SERVICES: STUDENT PROTECTION SCHEME
The Student Protection Scheme (SPS) serves to protect the students’ fees in the event a Private Education Organisation (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.
Student Tuition Fee Account (Escrow): West Business School Holdings Pte Ltd has opted for the Student Tuition Fee Account (Escrow) with The Hongkong and Shanghai Banking Corporation Limited (HSBC) as its SPS for the purpose of receiving payments of the Student’s Tuition Fees and the circumstances in which the amounts in the Escrow Account indemnifies students for their tuition fees paid in advance to West Business School for the following events:

• WBS is unable to continue operations due to insolvency, and/or regulatory closure;
• WBS fails to pay penalties or return fees to the student arising from judgements made against it by the Singapore courts;
• Upon death or total permanent disability of the student with documentary proof.