Every Singapore Citizen (SC) will have an Edusave account created automatically for them.
For SCs in MOE-funded schools, they will receive annual Edusave contributions from the start of their primary school education until they complete their secondary school education.
For SCs who are not in MOE-funded schools, they will receive annual Edusave contributions from 7 to 16 years old. This includes children who are enrolled in madrasahs and privately-funded schools as well as those home-schooled or residing overseas.
Here’s how much your child will receive this year:
- Primary school students: $230
- Secondary school students: $290
- There is an additional one-off top up of $150 in 2019 for primary and secondary school students.
- Junior college and Millennia Institute students will not receive any annual Edusave contributions or top ups. They can still use their Edusave balances for approved fees and enrichment programmes organised by their schools.