19th October 2022
The Ministry of Education has recently raised the income eligibility cap for its financial assistance schemes for Singapore students. The gross household monthly income ceiling will be raised from $2,750 to $3,000, and the per capita income ceiling will go up from $690 to $750.
As a result, about 10,500 more students will be eligible for financial help to defray school expenses.
The changes will take effect from January 2023 for primary, secondary and pre-university students.
Deputy Prime Minister and Finance Minister Lawrence Wong announced these changes as part of a $1.5 billion support package aimed at helping Singaporeans cope with rising prices.