The New Zealand Government requires all private training establishments registered with the New Zealand Qualifications Authority (NZQA), to have some form of protection for fees paid to them in advance. These requirements are outlined on the NZQA’s website.
Fee Protect is a student fee trust account which ensures you receive a refund of the fees (or portion of fees) you pay to Canterbury College, if Canterbury is unable to complete the course, for example due to closure, insolvency or loss of NZQA accreditation.
Student fees include:
- Course tuition costs.
- Accommodation costs.
- Living expenses.
- Travel and health insurance premiums, if arranged through Canterbury College.
Fee Protect means the last thing you will need to worry about is what happens to your fees.
How does it work?
Public Trust has three Fee Protect trust products – Standard Trusts, Static Trusts, and Bank Bond Trusts.
The trusts work to protect your student fees:
- Your fees are deposited into a Public Trust student trust account, and paid by Public Trust to Canterbury College throughout the duration of your course.
- This is the Fee Protect Standard Trust.
Please find some helpful links about fee protection below:
- Student fee protection fact sheet
- Student fee protection
- Public Trust’s Fee Protect information for students
- Education (Pastoral Care of International Students) Code of Practice 2016