PSEA Account To Pay School Fees

Dear Students
Starting from 2008, all Singaporeans aged seven to 20 will be given a Post-Secondary Education Account (PSEA) as part of a government effort to support the higher education needs of Singaporeans.

Up to $400 will be deposited in each account, with a second top-up in 2009 and further top-ups in subsequent years dependent on Budget surpluses.
With effect from May 08, students can use Post-Secondary Education Account (PSEA) to pay their school fees in some post-secondary institutions approved by MOE (including ITE).


ITE students can use their PSEA to pay school fees from:
1) Jul 08 Term onwards (For Nitec Students)
2) Oct 08 Terms onwards (For Higher Nitec Students)