STUDENT FINANCE (EMBA PROGRAM)

When students accept admissions offers and register for classes at Asia School of Business (ASB), they accept full responsibility to pay all program fees and other associated costs assessed because of registration and/or receipt of services. ASB may assess late charges, suspend registration and access to various student services, withhold a degree and charge collection costs if all charges are not paid

Any student who fails to settle payment to ASB by the deadline, the following sanctions may apply, to which the consequences are as follows:

1. NOT allowed to attend upcoming classes (physical or virtual)
2. NOT allowed to sit for any upcoming exams
3. NOT allowed to participate in Action Learning activities
4. NOT allowed to be issued with a Final Certificate;
5. NOT allowed to be issued with any academic reference;
6. NOT allowed to access Career Development Office resources;
7. NOT allowed to attend the convocation ceremony; and
8. NOT allowed other student benefits or privileges.

As a courtesy, notifications will be sent throughout the term to students with past due bills who have not made satisfactory arrangements. A late fee penalty will apply if fees are paid later than the last day of the fees due date. The late fees penalty charge is 2% for each month that fees are not paid, on a compounded basis.

ASB may also from time to time at its own discretion decide to pursue other sanctions as stipulated in the MBA Financial Matters and Fees Handbook that may include legal action. ASB reserves the right to refer unpaid accounts to legal debt recovery and/or external agencies to pursue payment. ASB shall also seek recovery of the costs associated with the said legal processes.