More than 500,000 young Singaporeans to receive S$200 Edusave or PSEA top-up
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Students attending a class at a primary school. (File photo: TODAY)
12 May 2021 12:50PM)
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SINGAPORE: About 532,500 Singaporeans aged between seven and 20 in 2021 will each receive a one-off top-up of S$200 to their Edusave account or Post-Secondary Education Account (PSEA) this month.
The top-ups are a component of this year's Budget, the Ministry of Finance (MOF) and Ministry of Education (MOE) said in a joint statement on Wednesday (May 12)
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“This additional top-up is part of the Household Support Package announced at Budget 2021 to provide families with additional support for their children’s education-related expenses,” the ministries said.