How Much To Save For My Children's Education In Singapore?

Looking for the best way to invest or save for your children’s education?

We will provide you with the information about studying locally or abroad. 

Read on. 

 

How Much To Study Locally?

 

School Average Tuition Fees (3 Years Course)
Nanyang Technological University (NTU) $27,000
National University of Singapore (NUS) $27,000
Singapore Management University (SMU) $34,000
Singapore Institute of Technology (SIT) $26,000
Singapore University of Social Sciences (SUSS) $31,500
Singapore University of Technology and Design (SUTD) $38,500
Laselle $30,000
Nanyang Academy of Fine Arts (NAFA) $36,000

 

How Much To Study Abroad?

 

Year: 2017/2018

Country Annual Tuition Fees (SGD) Annual Tuition Fees (Local Currency)
United States of America $34,000 USD24,930
United Kingdom $17,400 – $61,000 £10,000 and £35,000
Canada $25,400 C$25,180
Australia $28,200 A$29,235

Reference: Times Higher Education

 

Education Planning

You can compare and understand that if you want your children to go overseas, it is more costly. We have various endowment plans to cater to your needs. 

Generally rule of thumb will be to set aside less than 5% of your income for your child’s education planning. 

We strongly encourage parents to plan for children’s education after they have purchased a life insurance and hospitalisation insurance policies. Making sure your child is covered is essential before looking into education planning. 

Speak to our Financialogist and we will structure a comprehensive financial planning and education planning for you. 

Want To Know More About Planning Children Education?

If you would like to know more about education planning, you may contact us at (+65) 9380 2839 or you can click on the button below to enquire about the different financial services that we provide.

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About Us

We are a licensed and certified Financialogist in Singapore that provides a comprehensive financial planning solutions to meet all your financial and insurance protection needs.

Contact Information

Address: 47 Scotts Road, Goldbell Towers, Singapore 228233

Contact Number: +65 9380 2839 

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