29 January 2018
Edusave Award winners from the Institute of Technical Education and local polytechnics will receive their award money via PayNow, a service that lets people transfer money to each other instantly using their identification or mobile numbers.
The Edusave Awards were started in 1993 with the aim of maximising opportunities for Singaporean students in MOE-funded schools.
The Ministry of Education said that this measure is being introduced for greater convenience and efficiency, in line with Singapore’s efforts to become a Smart Nation.
The ministry added that it will send award recipients instructions on how to sign up for the service using their NRIC numbers.
MOE will also review the process after this year, to see if the use of PayNow can be extended to all other students too.