Education ERP for Singapore

Fee protection for students at private education institutions is mandatory under CPE regulations. PEIs must implement a Fee Protection Scheme (FPS) through an approved insurance provider, protecting student fees in the event of institution closure. The Medical Insurance Scheme is also mandatory for international students. These requirements create specific financial tracking obligations for private education operators.

SkillsFuture initiatives provide subsidies and credits for continuing education, and training providers must be registered with SSG to offer SkillsFuture-funded courses. The SkillsFuture Credit scheme gives Singapore citizens credits for approved training programs, which must be claimed through the SSG system. Training providers must submit course attendance and completion data through the SSG portal.

Yukti provides Singapore educational institutions with CPE compliance management including EduTrust certification documentation, ERF requirements tracking, and annual reporting. The fee management module implements the Fee Protection Scheme with insurance provider integration and installment tracking that complies with CPE maximum instalment amount regulations. Student information management handles enrollment reporting to CPE, attendance tracking for visa compliance of international students, and academic progress monitoring. The SkillsFuture module manages course registration with SSG, credit claim processing for eligible students, and attendance and completion data submission. Financial reporting follows SFRS with GST handling that applies exemption for education services and standard rate for non-qualifying services. CPF contributions are calculated for teaching and administrative staff. International student administration tracks Student Pass validity and ICA reporting requirements.