Straits Times SPMF extends help to post-secondary school students
The Straits Times School Pocket Money Fund (SPMF) is extending its help to post-secondary school students.
From Jan 1 next year, eligible students who are progressing from secondary schools to the Institute of Technical Education, junior colleges and polytechnics will receive $120 a month to cover their basic needs. SPMF will set aside up to $1.5 million to help these students.
Previously, only those in primary and secondary schools can apply to the fund.
SPMF decided to extend its help to the older students after receiving feedback from social workers. At least $8.5 million a year will need to be raised to fund the expanded scheme.