Edusave Scheme in Singapore: A Complete Guide for Parents and Students
Introduction
The Edusave Scheme is a government initiative in Singapore designed to enhance students’ learning experiences and encourage academic excellence. Managed by the Ministry of Education (MOE), Edusave provides financial support to Singaporean students through grants, awards, and scholarships.
If you’re a parent or student looking to maximize the benefits of Edusave funds, this guide will cover:
✅ What is the Edusave Scheme?
✅ Types of Edusave Grants and Awards
✅ How to use Edusave funds
✅ Eligibility criteria
What is the Edusave Scheme?
Introduced in 1993, the Edusave Scheme aims to:
✔ Encourage students to excel in academics, sports, and leadership activities.
✔ Help schools fund enrichment programs to enhance learning.
✔ Provide financial assistance for students from lower-income families.
The Edusave Account is automatically created for every Singaporean citizen studying in a MOE-registered primary or secondary school. The government makes annual contributions to these accounts to support the student’s education.
Types of Edusave Grants and Awards
1. Edusave Contribution (Annual Edusave Grant)
📌 Who gets it?
- All Singaporean students aged 7 to 16 years old in MOE-registered schools.
- Students in Government, Government-Aided, and Independent Schools, as well as madrasahs and special education schools.
📌 How much do students receive?
- Primary School Students: $230 per year
- Secondary School Students: $290 per year
📌 What can it be used for?
✔ School-approved enrichment programs (e.g., learning journeys, leadership camps, competitions).
✔ Co-Curricular Activities (CCAs) fees and other approved educational expenses.
2. Edusave Awards (For Outstanding Students)
A. Edusave Scholarship
💡 For top 10% of students in each school cohort based on academic performance.
📌 Award Amounts:
- Primary 5 & 6: $350
- Secondary 1 to 5: $500
✔ Students are automatically considered based on their academic performance—no need to apply!
B. Edusave Merit Bursary
💡 For top 25% of students from each level in primary and secondary schools.
📌 Eligibility:
✔ Must be a Singaporean citizen.
✔ Parents’ gross monthly household income ≤ $7,500 or per capita income ≤ $1,875.
📌 Award Amounts:
- Primary 1 to 3: $200
- Primary 4 to 6: $250
- Secondary 1 to 5: $350
✔ No application needed—schools will notify eligible students.
C. Edusave Good Progress Award (GPA)
💡 For students who show the most improvement in academic performance within their school level.
📌 Award Amounts:
- Primary 2 to 6: $100
- Secondary 1 to 5: $200
✔ Given to the top 10% of students who show the biggest improvement in grades.
D. Edusave Character Award (ECHA)
💡 For students who demonstrate outstanding character, leadership, and values.
📌 Eligibility:
✔ Open to all levels in primary and secondary schools.
✔ Recognizes students for integrity, resilience, and contributions to school and community.
📌 Award Amounts:
- Primary School Students: $200
- Secondary School Students: $500
✔ Nominated by teachers, students, or parents.
3. Edusave Grants for Schools
💡 For schools to enhance learning through enrichment programs and resources.
📌 Examples of programs funded by Edusave Grants:
✔ Leadership camps
✔ Robotics & STEM workshops
✔ Art and cultural enrichment programs
✔ Overseas learning journeys
How to Use Edusave Funds?
✔ For MOE-Approved Activities: Schools automatically deduct funds for learning journeys, CCA fees, and enrichment courses.
✔ For External Enrichment Activities: Parents can apply to use Edusave for pre-approved courses.
💡 No cash withdrawal is allowed—funds are used directly for educational purposes.
Who is Eligible for Edusave?
✔ Singapore Citizens only (PRs and foreigners are NOT eligible).
✔ Must be enrolled in an MOE-registered school.
📌 Exclusions:
✖ Students in private schools (except those using the Edusave Enrichment Fund).
✖ International students.
Frequently Asked Questions (FAQs)
1. Can I withdraw money from my child’s Edusave account?
🚫 No. The funds can only be used for MOE-approved school programs.
2. What happens to unused Edusave funds?
✔ Unused funds roll over yearly and remain in the student’s account until they leave secondary school.
✔ Remaining funds are transferred to the Post-Secondary Education Account (PSEA) for further studies.
3. How do I check my child’s Edusave balance?
📌 Log in to MOE’s Parents Gateway or contact the school’s finance office for details.
Maximizing Edusave for Your Child’s Education
📚 Want to enhance your child’s learning beyond school?
Use Edusave funds for approved learning materials and courses!
✅ Mathematics, Science, and English enrichment books
✅ PSLE, O-Level, and A-Level preparation guides
✅ Assessment books for academic excellence
🚀 Buy top-quality assessment books from www.cpdsingapore.com/shop to boost your child’s academic success! 🚀
Final Thoughts
The Edusave Scheme is an invaluable initiative that supports students in Singapore by funding enrichment activities and rewarding academic excellence. Understanding how to maximize Edusave grants, awards, and scholarships can help parents reduce financial burdens while ensuring their children receive the best education possible.