Fee Structure and Policy
School Fees Schedule AY2022-2023
Year 1, Grade 1 to 6 (IPC)
The payment schedule (5 instalments) is based on the sum of the Annual School fee of S$18,900.00 (plus S$1,323 GST) and the Course Material fee of S$250 (plus S$17.50 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:
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
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:|
More than 30 days before the Instalment due date
|50%||Before, but not more than 30 days before the Instalment due date|
After, but not more than 0 days after the Instalment due date
More than 0 days after the Instalment due date
Refund Procedure Due To Non-Delivery of Course by InvictusInvictus 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 ReasonsIf 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 PeriodInvictus 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
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$150.00-1,500.00*
(depends on destination)
Prior to activity commencement
|Personalised Learning Programme Support||S$2,675 per term
(for identified students only)
|Co-curricular Activities (optional)||S$0.00-2,000.00*
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
Upon purchase of uniform
|Bank / Transfer Charges||S$20.00-30.00*
Varies between banks
|Reissue of Student ID||S$5.00
|Administration Fee for Late Fee Payment||2% per month on any overdue amount as per the Course Fee instalment Schedule Due Dates|
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.
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
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.
The PAYNOW number and QR code will be available on the invoice.
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.