Course fee payment

Undertaking not to collect more than two months’ worth of course fees
Inspire Education Centre undertakes not to collect more than two months’ worth of course fees for all courses.

Course Fee Payment Policy

1) Payment for Course Fees can only be made after the PEI-Student Contract is signed.

2) Available payment modes for Course Fees are Cash, Cheque, ATM transfer, or Cash Deposit via ATM, PayNow, or Internet Banking with proof of payment provided by transfer receipts.

Important: Please indicate the student’s name when making payment.

 

Account Name:  Inspire Education Centre Pte Ltd

Bank Account No.:         04151039301

Bank Name:      Maybank Singapore Limited

Bank Code:       7302

Branch Code:    015    (Marine Parade Branch)

SWIFT Code:     MBBESGS2
PayNow UEN:    200723647D

 

3) Student’s attendance is conditional upon full payment for each instalment of Course Fees and all other Miscellaneous Fees.

Instalment Schedule for Course Fees and Late Payment Consequences

1) All payments are to be made before or by the due dates stated in the PEI-Student Contract Schedule B.

Students, parents and guardians are strongly advised to make fee payments 1 week advance before the payment due date. Please take note that late payment of course fees has consequences:

Days Late Action Student Contract
1 day late Late payment fee of $100 imposed Clause 1.4
1 day late Suspension Terms and Conditions Clause 9
7 days late Termination Terms and Conditions Clause 9

Illustration

Instalment Schedule Date Due Suspension Date Termination Date
1st instalment 9/01/2022 10/01/2022 17/01/2022
2nd instalment 9/02/2022 10/02/2022 17/02/2022
3rd instalment 9/03/2022 10/03/2022 17/03/2022
4th instalment 9/04/2022 10/04/2022 17/04/2022
5th instalment 9/05/2022 10/05/2022 17/05/2022
6th instalment 9/06/2022 10/06/2022 17/06/2022
7th instalment 9/07/2022 10/07/2022 17/07/2022
8th instalment 9/08/2022 10/08/2022 17/08/2022
9th instalment 9/09/2022 10/09/2022 17/09/2022

10th instalment

(if applicable)

9/10/2022 10/10/2022 17/10/2022
  1. Each instalment amount shall not exceed two months’ worth of fees for non-EduTrust-certified PEIs without IWC.
  2. Each instalment after the first shall be collected within one week before the next payment scheduled.
  3. INSPIRE reserves the right to suspend a student for non-payment of fees until full payment is paid, by giving written notice to the students/parents/guardians. (Student Contract: Terms and Conditions Clause 9)
  4. i) There is no pro-ration discount given due to suspensions.
    ii) There will not be any make-up classes in the event of suspension.
  5. If payment is still not received within seven days of due payment, the Centre reserves the right to terminate the PEI-Student Contract for failure to pay Course Fees and/or Miscellaneous Fees via written notice to the students/parents/guardians. (Student Contract: Terms and Conditions Clause 9)