$300 Edusave, post-secondary account top-ups in May for students aged 7 to 20
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The one-off top-up of $300 is in addition to the government's annual Edusave and PSEA contributions.
ST PHOTO: CHONG JUN LIANG
SINGAPORE – Some 540,000 Singaporean students aged seven to 20 in 2023 will each receive a one-off top-up of $300 in their Edusave accounts or Post-Secondary Education Accounts (PSEAs) at the end of May.
The Ministry of Education said on Friday that the top-up is part of the enhancements to the Assurance Package,
It is in addition to the Government’s annual Edusave contribution and provides families with extra support for their children’s education-related expenses, such as for enrichment programmes.
This year, primary school pupils received $230 each in their Edusave accounts, while secondary school students received $290, as part of the Government’s annual contribution.
The top-up will be credited automatically into eligible recipients’ Edusave accounts or PSEAs. No action is required from recipients. Their parents will receive a notification via the Singpass app or via SMS when the top-up has been made.
Correction note: In an earlier version of this article, we said primary school pupils currently receive an annual $200 each into their Edusave accounts, while secondary school students receive $240. It should be $230 and $290 respectively. We are sorry for the errors.
