Under the Private Education Act, the Committee for Private Education (CPE) was set up to regulate the private education industry in Singapore. All Private Education Institutions (PEIs) in Singapore have to be registered with the CPE.
In October 2016, the Council for Private Education was renamed as the Committee for Private Education and is appointed by the SkillsFuture Singapore Board (SSG) to carry out its functions and powers relating to private education under the Private Education Act.
The Private Education Act was gazetted in October 2009 to provide the Committee for Private Education (CPE) with the legislative powers to regulate the private education sector more effectively and improve its quality. CPE has implemented a mandatory registration scheme to ensure the standards that private education providers will need to adhere to. A quality assurance framework, known as EduTrust certification, was also introduced to provide a quality differentiation mechanism for those intending to recruit international students. (For details, please refer to www.cpe.gov.sg)
PSB Academy is amongst the first few Private Education Institutions to be awarded the new EduTrust Certification on 20th May 2010 and had successfully renewed for another 4-year term till 13th May 2018.
Under the EduTrust Certification Scheme, private education providers must adopt a Fee Protection Scheme with the CPE-appointed service providers and provide medical insurance coverage for hospitalisation and related medical treatment throughout the entire course duration.