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Fee Structure and Policy

School Fees Schedule AY2022-2023

Year 1, Grade 1 to 6 (IPC)

The payment schedule (4 instalments) is based on the sum of the Annual School fee of S$18,900.00 (plus S$1,430.10 GST) and the Course Material fee of S$250 (plus S$18.76 GST). This does not include any registration, assessment and miscellaneous fees. Please contact our Admissions office at 8399 4962 should you have any questions.

All fees are expressed in Singapore Dollars (SGD). The payment schedule is as follows:

Instalment Schedule

Course Fee + ( GST*) (S$)

*7% GST (2022)/ *8% GST (2023)

Due Date 

for Instalments

Term 1

(17 August 2022 - 06 October 2022)

3,842.50 + (GST 268.98)

10 August 2022

Term 2

(17 October 2022 - 14 December 2022)

4,472.50 + (GST 313.08)

10 October 2022

Term 3

(4 January 2023 - 16 March 2023)

5,207.50 + (GST 416.60)

1 January 2023

Term 4

(29 March 2023 - 15 June 2023)

5,627.50 + (GST 450.20)

22 March 2023


PLP Programme Fee Structure

Instalment Schedule

Course Fee + ( GST*) (S$)

*7% GST (2022)/ *8% GST (2023)

Due Date 

for Instalments

Term 1

(17 August 2022 - 06 October 2022)

2,000.00+ (GST 140.00)

10 August 2022

Term 2

(17 October 2022 - 14 December 2022)

2,333.33 + (GST 163.33)

10 October 2022

Term 3

(4 January 2023 - 16 March 2023)

2722.22 + (GST 217.78)

1 January 2023

Term 4

(29 March 2023 - 15 June 2023)

2944.44 + (GST 235.56)

22 March 2023


Kindly note that the above fees are non-transferable. School Fee refunds are available in accordance with the withdrawal notification dates contained in the student contract and terms and conditions.

School fees are pro-rated if the student begins class after the beginning of the relevant Instalment Period

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School Fee Refund Policy

% of [the amount of fees paid under Schedule B (a +b + c - d) If Student’s written notice of withdrawal is received:
100%
More than 30 days before the Instalment due date
50% Before, but not more than 30 days before the Instalment due date
0%
On or after the instalment due date



Refund Procedure Due To Non-Delivery of Course by Invictus

Invictus will notify the Student within three (3) working days upon knowledge of any of the following:
(i) It does not commence the Course on the Course Commencement Date;
(ii) It terminates the Course before the Course Commencement Date;
(iii) It does not complete the Course by the Course Completion Date;
(iv) It terminates the Course before the Course Completion Date;
(v) It has not ensured that the Student meets the course entry or matriculation requirement as set by the organisation stated in Schedule A within any stipulated timeline set by CPE; or
(vi) The Student’s Pass application is rejected by the Immigration and Checkpoints Authority (ICA).

The Student should be informed in writing of alternative study arrangements (if any), and also be entitled to a refund of the entire Course Fees and Miscellaneous Fees already paid should the Student decide to withdraw, within seven (7) working days of the above notice.


Refund Procedure Due To Student Initiated Withdrawal For Other Reasons

If the Student withdraws from the Course for any reason other than those stated above, Invictus will, within seven (7) working days of receiving the Student’s written notice of withdrawal, refund to the Student an amount based on the table in Schedule D of the student contract.


Refund Procedure During Cooling-Off Period

Invictus will provide the Student with a cooling-off period of seven (7) working days after the date that the Student Contract has been signed by both parties.

The Student will be refunded the highest percentage (stated in Schedule D of the contract) of the fees already paid if the Student submits a written notice of withdrawal to the PEI within the cooling-off period, regardless of whether the Student has started the course or not.

Registration Fee and Admission Fee

The registration fee is SGD $2,500 excluding GST (non-refundable), is payable in-full at the time of Registration.

Miscellaneous Fees*

All fees are expressed in Singapore Dollars (SGD) and are inclusive of GST. Apart from the Annual School Fee the following Miscellaneous Fees may be payable:

Purpose of Fee Amount (with GST, if any) (S$)
Academic Field Trips S$0.00 - S$1,500.00*
(depends on destination)
Prior to activity commencement
Examination Fees – Year 11 to Year 13 only
(Centrium only)
S$150.00 - S$350.00* per subject
(depending on type of examination)
Third Party Charges (Competition Fees etc) Bill as charged
Personalised Learning Programme Support
(Dempsey only)
Refer to the table above
Co-curricular Activities (optional) S$0.00 - S$2,000.00*
Prior to activity commencement
Additional Support Classes S$42.80 per session*
(for identified students only)
Report Copy Fee S$10.00 for paper copy*
Prior to issuance of report
Uniforms and Stationery S$0.00 - S$500.00*
Upon purchase of uniforms and stationery
Bank / Transfer Charges Fully covered by Parent*
Varies between banks
Reissue of Student ID (Dempsey only)
Reissue of Student Access Card (Centrium only)
S$5.00 
S$85.60*
Upon replacement
Administrative Fee for Late Fee Payment
2% per month on any overdue amount as per the Course Fee instalment Schedule Due Dates

Please note: 
These fees are only estimates and notification will be made of the actual amount prior to payment. Please refer to our sample  Student Contracts   here  for the exact fees payable for each course.
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Payment Terms

Payment of School Fees

The tuition fee and miscellaneous fees are to be paid only upon invoicing.
All school fees are assessed in Singapore dollars and all payments must be made in Singapore dollars.


Payment Options

1. Bank Transfer

Please state the student name as a reference to allow correct identification of each remittance.

BIC Name: OVERSEA-CHINESE BANKING CORPORATION
BIC Code: OCBCSGSGXXX
Account Name: INVICTUS INTERNATIONAL SCHOOL PTE. LTD.
Dempsey Account Number: OCBC - 695222448001

2. GIRO
For payment via GIRO, Invictus will send an invitation for GIRO payment with the necessary forms required. Parents will then submit the signed GIRO form back to Invictus and the bank will then processes the payment.

3. PAYNOW:
The PAYNOW number and QR code will be available on the invoice.

Outstanding Payments

Students with outstanding accounts may have their school attendance privileges revoked by the school until their accounts are current. If any outstanding payment remains upon withdrawal from the school, no transcripts, transfers, or other records will be released until full payment is received.


Fee Protection Scheme (FPS)

The CPE requires course fees paid by students to be protected. Invictus International School has in place a Fee Protection Scheme (FPS) to protect the paid course fees of all students. The FPS serves to protect the student’s fees in the event that the PEI is unable to continue operations due to insolvency, and/or regulatory closure. In addition, the FPS protects the student if the PEI fails to pay penalties or return fees to the student arising from judgments made against it by the Singapore courts.

Invictus International School has appointed Lonpac Insurance Bhd as its FPS insurance provider. Under the FPS insurance scheme, students’ fees are insured by Lonpac Insurance. In the case of events, as stated above, students will be able to claim their paid fees from Lonpac Insurance. Invictus International School will arrange to protect students’ fees with Lonpac Insurance within 7 working days of issuance of the Student Contract. Click here to view a copy of the Certificate.

The insurance coverage shall commence from the date of payment of the fees till the course end date/ students withdrawn date, whichever is earlier.

More details of the FPS can also be found in the FPS Instruction Manual, available at CPE’s website.


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