SINGAPORE: About 540,000 Singaporeans aged between seven and 20 in 2022 will each receive a one-off top-up of S$200 to their Edusave account or Post-Secondary Education Account next month.to provide families with additional support for their children’s education-related expenses,” the Ministry of Finance and Ministry of Education said in a joint statement on Friday .Edusave and PSEA funds can be used to pay for approved fees and enrichment programmes.
The top-ups will be credited directly into Edusave accounts and PSEAs by the end of May, with no action required from recipients. Parents of eligible recipients will receive e-notifications via their SingPass app, informing them of the successful top-up by the end of next month. Parents without the SingPass app will be notified through SMS.
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