WITHDRAWAL & REDEMPTION OF DEBENTURE
For the withdrawal of a student, please complete and submit the Student Withdrawal Form one FULL calendar month* in advance prior to the last date of a student's attendance. Parents are required to pay for their children's tuition fee up to the last month which the withdrawal notice serves.
*One full calendar month means from the first day to the last day of a month. If the last day of study is not the last or the first day of a month, then withdrawal notice will need to be given more than 1 month in advance.
A full month’s tuition fee is charged even if only part of the month has been attended. One month's tuition fee will be deducted from the debenture refund as payment in lieu of insufficient notice.
Redemption of debenture
To redeem your debenture, please return the original Debenture Certificate to the School Office together with the Student Withdrawal Form. PIPS reserves the right to deduct any outstanding tuition fees or penalty for insufficient withdrawal notice from the debenture refund.
Lead-time for debenture refund
Refund will take about one month, from the date of receipt of original certificate and clearance of outstanding payment, whichever is the later.