Other Funding

Post-Secondary Education Account (PSEA)

Initiated by the government to encourage completion of one’s studies beyond secondary school, the Post-Secondary Education (PSE) Scheme allows Singaporeans additional support in funding for further studies. An account is automatically opened for all Singaporeans by the Ministry of Education. If a Singaporean is eligible for a Child Development Account (CDA) and has unspent balance in his CDA, a PSEA will be opened for him/her:

In the year he/she turns 7 years old for a child born between 2001 and 2005
In the year he/she turns 13 years old for a child born in or after 2006.

More information can be found at https://www.moe.gov.sg/initiatives/post-secondary-education-account