Feb 22, 2010
By Melissa Pang
By Melissa Pang
The PSEA was set up in 2007 to support families with children and it encourage every family to put their children through a tertiary education at ITE, polytechnics and universities. -- ST PHOTO: STEPHANIE YEOW
MORE help is on its way for families with children.
The Post-Secondary Education Account (PSEA) scheme will receive a $230 million injection from the Government this year, benefitting 650,000 Singaporean students.
Primary school pupils will receive up to $200 in their accounts while those between 13 and 20 years old will receive up to $500.
Children between seven and 12 years old who come from homes with an annual value of more than $11,000 will receive top-ups of $100 while those in the 13 to 20 age group will get $250.
The PSEA was set up in 2007 to support families with children. It helps to encourage every family to put their children through a tertiary education at ITE, polytechnics and universities.
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