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.
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|
|Nanyang Academy of Fine Arts (NAFA)||$36,000|
How Much To Study Abroad?
|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|
Reference: Times Higher Education
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.
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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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.
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Contact Number: +65 9380 2839
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