A copy of the
master escrow agreement dated 9
September 2004 between CASE, DBS
Bank and Hong Kong & Shanghai
bank Ltd, and entered into by
Lingo School is available from
this
link. The Master Escrow
Agreement sets out, inter
alia, the details upon which
Lingo School shall establish an
escrow account with Hong Kong &
Shanghai Bank Ltd (“Escrow
Account” with the Escrow bank”)
for the purpose of receiving
payments of the Student’s
Tuition Fees and the
circumstances in which the
amounts in the Escrow Account
shall be payable to Lingo School
and/or the Student.
> Student Tuition Fee
Insurance
Policy
This Policy provides insurance
cover for students studying in
approved private education
organizations registered in the
Republic of Singapore, on the
terms and conditions contained
in this Policy. This Policy is
underwritten by NTUC Income
Insurance Cooperative Limited,
an insurance cooperative society
that has a AA rating by
Standard and Poors for financial
strength. This is the highest
rating given to Singapore
companies and highest for any
local Asian insurer outside of
Japan.
A copy of the
master agreement dated 9
September 2004 between CASE and
NTUC is available from this
link.
A Student Contract is drawn up
upon enrollment to document the
protection scheme selected.
Refund policy under various
circumstances are also spelled
out. The fees payable including
the breakdown are also detailed.
Lingo School
Student Protection Scheme
In accord
with the Singapore government's effort to
safeguard the interests of students who have
entrusted their future and Education here, Lingo
School has undertaken a Student Protection
Scheme as stipulated by the Consumers
Association of Singapore (CASE). This framework
seeks to set the professional standard expected
in the industry and will serve as the basis for
communication with regard to students' financial
interests between the school and the students.
In this
scheme, students at the point of enrolment are
required to enter into a
Student
Contract which specifies important
issues that both students and School are to
adhere to.
Our Philosophy...
As part of the scheme, Lingo School
hereby confirms and undertakes to our
Students that we have in place a Student
Protection Scheme as stipulated by the
Consumers Association of Singapore
(CASE), by way of either:
a Student Tuition Fee Account
(Escrow) established with HSBC
a Student Fee Insurance Policy
underwritten by NTUC Income
Insurance Cooperative Ltd
to safeguard the interests of our
students
A standard student handbook
is given to every full time student enrolled as
part of the new student package to familiarize
students with the various protection schemes
available as well as the standing rules and
regulations of the school; grievances management
is also addressed.
