If you book in with SFT Aviation in Bournemouth (my employer, and ATPL school) I understand that the prepaid money is always held in a separate, secure account until it is required to continue training. If you feel this is not secure enough then they are happy to set up a joint account with you to hold the money you are paying. It is then only transferred to SFT's accounts as you use the money, needing your signature.
All the best with your course, wherever you go. I think this is a good time to start - you should finish as recruitment is ramping up.
[ 16 October 2001: Message edited by: Send Clowns ]