Post-Secondary Education Account

The PSEA scheme started in the year 2007 with the intention to encourage parents to save for their children's post-secondary education by maintaining a Post-Secondary Education Account (PSEA) for each eligible child.

This is part of the Government's efforts to encourage every Singapore Citizen to complete his/her post-secondary education. It also underscores the Government's commitment to support families in investing in the future education of their children, and to prepare them for the economy of the future. PSEA is not a bank account.

Eligibility

The PSEA is administered by the Ministry of Education (MOE) and is opened to all eligible Singapore Citizens. Students may use their own or their siblings' PSEA funds to pay for course fees.

 
Using PSEA Funds for the payment of your tuition fees Using PSEA Funds for one-time payment of your tuition/miscellaneous fees Cancellation of the usage of the PSEA Funds
Click here to download the Standing Order (SO) form.

Note: The Standing Order (SO) is a one-time application and the SO instructions will apply to all future withdrawals until the SO is terminated or replaced.
Click here to download the Ad Hoc Withdrawal form.

PSEA Ad Hoc Withdrawal is a one-time withdrawal and payment form. One application form is to be submitted for each specific withdrawal.

Please indicate in the application form for the items mentioned below:
  • Usage Category and exact amount to be withdrawn
  • SUTD Tuition/Compulsory Miscellaneous Fees:
  • Indicate clearly the term and academic year paying for.
  • Enrichment programmes: Submit document(s) showing the cost/expense and approval to participate in the programme.
Click here to download the Termination of Standing Order for Withdrawal from Post-Secondary Education Account Form and send it to MOE (address as below) to discontinue the PSEA.
The parent or legal guardian must authorise the application if the student and/or sibling is/are below 21 years old.

Please use PSEA ad-hoc withdrawal form (Usage Category: TTF-OTHERS) for compulsory hostel-related fees*.
*Only applicable for Freshmore students

Application Period

19 July 2018 to 10 September 2018 (Standing Order Applications Only)

Instructions to Applicants

Students can submit the completed PSEA forms along with the required supporting documents to the Office of Student Administration (OSA) by using one of the following modes:

  1. Office of Student Administration (OSA) forms submission drop-off box located outside Building 3, Level 2, Near Lift Lobby

  2. Postal mail to the following address
    Singapore University of Technology and Design
    Office of Student Administration (OSA)
    8 Somapah Road
    Singapore 487372

All incomplete submissions will not be processed.

MOE will inform students of the application outcome. A monthly Transaction Statement will be sent to the account holder if there are PSEA contributions, withdrawal or refund transactions in the previous month.

Students can check with MOE, 2 weeks after the submission of the application form on the amount of funds withdrawn from their PSEA account.

MOE Contact for PSEA Scheme

MOE Customer Service Hotline 6260-0777/contact@moe.edu.sg

Ministry of Education
Finance & Development Division

Level 8, 1 Buona Vista Drive
Singapore 138675
(Attn: PSEA Action Officer)

Click here for more information about the PSEA scheme.