Are students in special education schools eligible for a Post-Secondary Education Account (PSEA)?
Yes, the PSEA is an account maintained by the Government for eligible Singaporeans, as such all special education (SPED) students who are Singapore citizens will be eligible for the account.
The primary objective is to help parents save for their children’s post-secondary education.
A PSEA will be opened automatically for Singaporeans who:
- Have balance in their Child Development Account (CDA) when they turn 13 years old (for children born after 2005); or
- Have balance in their Edusave Account in the year they turn 17 years old, or no longer studying in an MOE-funded school, whichever is later; or
- Are eligible for a Government contribution.
The PSEA can be used for programmes in government-supported SPED schools, Institute of Technical Education (ITE), or Polytechnics; and training courses for persons with disabilities under SG Enable.
Find out more information on the PSEA
This information is sourced from MOE
Related questions
Currently, I use my child's Child Development Account (CDA) for his kindergarten fees and medical insurance. After the balance is transferred, can I use the Post-Secondary Education Account (PSEA) for the same purpose?
Can my child use the funds in their Post Secondary Education account (PSEA) to pay outstanding school and miscellaneous fees?
Why is there a need to transfer the Post-Secondary Education Account (PSEA) balance to the CPF-Ordinary Account (CPF-OA) when an account holder turns 30?
Can the Post-Secondary Education Account (PSEA) be used for a child's educational expenses at primary, secondary and junior college levels?
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