Common use of PEO’s Undertaking to have SPS Clause in Contracts

PEO’s Undertaking to have SPS. The PEO hereby confirms and undertakes to the Student that it has in place a Student Protection Scheme as stipulated by the Consumers Association of Singapore (CASE) (the “SPS”) by way of a Student Tuition Fee Account (Escrow)/Student Tuition Fee Insurance* pursuant to the terms and conditions of the CASE-PEO Agreement dated <insert date> made between CASE and the PEO. (i) This SPS is available to local students in the event they choose to opt into the SPS. (ii) Local students who want to opt out from the SPS must tick at this box (iii) Local students who want to opt into the SPS must tick only one appropriate box below: Under Clause 3.2: SPS in the form of Student Tuition Fee (Escrow) and sign here .............................. Under Clause 3.3: SPS in the form of Student Tuition Fee Insurance and sign here ..............................

PEO’s Undertaking to have SPS. The PEO hereby confirms and undertakes to the Student that it has in place a Student Protection Scheme as stipulated by the Consumers Association of Singapore (CASE) (the “SPS”) by way of a Student Tuition Fee Account (Escrow)/Student Tuition Fee Insurance* Insurance pursuant to the terms and conditions of the CASE-PEO Agreement dated <insert date> made between CASE and the PEO. (i) This SPS is available to local students in the event they choose to opt into the SPS. (ii) Local students who want to opt out OPT OUT from the SPS must tick at this boxbox and sign here .............................. (iii) Local students who want to opt into OPT INTO the SPS must tick only one appropriate box below: Under Clause 3.2: SPS in the form of Student Tuition Fee (Escrow) and sign here .............................. Under Clause 3.3: SPS in the form of Student Tuition Fee Insurance and sign here ..............................