Fee Protection
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The New Zealand Government requires that all New Zealand Qualifications Authority registered private training establishments (education providers) must protect all student fees paid to them in advance. This means that in the unlikely event that the education provider has to close before the completion of the student’s course, the remainder of the student fees will be protected. Fees protected within a trust account means that the student will have the choice to receive any remaining fees back or have them paid directly to an alternative education provider. The School arranges fee protection with Public Trust. Fees deposited and protected by Public Trust are held in the Trust's common funds. Details of fee protection with Public Trust are on its website at www.publictrust.co.nz. |