|
 |
|
Source:
www.moe.gov.sg |
|
INCREASE IN CONTRIBUTION RATES
TO EDUSAVE ACCOUNTS |
|
|
From Jan 2008, the Government will increase
the annual contribution rate to Edusave accounts of eligible pupils by
$10 to $180 for those at the primary level, and by $20 to $220 for those
at the secondary level. |
|
With the additional funding, pupils will
have more resources to participate in a broader range of enrichment
activities and learning experiences, where they can pursue their
interests and develop their strengths. |
|
Funds in the Edusave account can be used to
pay for school-based enrichment programmes. |
|
Pupils in Government and Government-aided
schools can also use it to pay 2nd tier miscellaneous fees and
autonomous school miscellaneous fees, while those in independent schools
can use it to pay school fees in excess of the standard government fees. |
|
The increase in Edusave contribution will
cost the Government an additional $7.6 million. The total budget for
Edusave contribution in 2008 is $86.2 million. |
|
Background |
|
As part of the Edusave Scheme implemented in
1993 to maximise educational opportunities for Singaporeans, yearly
contributions are paid into the Edusave accounts of eligible pupils. |
|
A pupil is eligible for an Edusave account
if he is a citizen between ages 6 and 16, and is a full-time pupil in a
Government or Government-aided primary/secondary school, independent
school, special education school or Institute of Technical Education
vocational training centre. |
|
Each year, the Government makes a
contribution in January to the accounts of eligible pupils. The
contribution rate started at $50 in 1993. It was increased yearly and
reached $160 in 1997 for all levels. |
|
In 2005, the contribution rate was further
increased by $10 to $170 for those at the primary level, and by $40 to
$200 for those at the secondary level. |
|
MINISTRY OF EDUCATION
17 Dec 2007 |
|
Source:
www.moe.gov.sg Press Release 17
Dec 2007 |
|
 |
|
Important
Notice |
|
Our FrontPage
Editions are a historical record of our Web site and reflect
the changing of the times, and also of our Web site through
time. We do not and will not update the links and stories on
these FrontPages even if they have become obsolete. |
|
FrontPage Edition: Mon 17 December 2007
All rights reserved
