Post-Secondary Education Account Scheme

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Questions

1.    How do I withdraw funds from my Post-Secondary Education Account?

2.    If I have submitted the Standing Order to withdraw my PSEA funds this year, do I need to submit the Standing Order again next year?

3.    If I missed the deadline for the Standing Order submission, is there any other way that I can withdraw my PSEA funds?

4.    If I have applied and am awarded the Tuition Fee Loan and/or NUS Study Loan, can I still use my PSEA funds for my tuition fees?

5.    Should I submit the Standing Order if I want to withdraw my PSEA funds to pay just my mandatory miscellaneous fees?

6.    Can I use my PSEA funds for other purposes besides paying for my tuition fees?

7.    Can I use my PSEA funds to pay for my hostel fees?

8.    How do I check the balance in my Post-Secondary Education Account?

Answers (More related FAQs can be found here)

1

How do I withdraw funds from my Post-Secondary Education Account?
You are required to submit a Standing Order if you wish to withdraw your PSEA funds to pay for your tuition fees. Download the Standing Order form here and submit the completed form to the Office of Financial Aid (within Office of Admissions). if you are an existing student (deadline for submission can be found here) and to the Registration Centre on Registration Day if you are an in-coming student.

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2

If I have submitted the Standing Order to withdraw my PSEA funds this year, do I need to submit the Standing Order again next year?
No, the Standing Order (SO) is a one-time application and will apply to all future withdrawals for tuition fees. Once a SO is received, funds for tuition fees will be automatically withdrawn each semester until either the PSEA funds are used up or until the SO is terminated or replaced.

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3

If I missed the deadline for the Standing Order submission, is there any other way that I can withdraw my PSEA funds?
You can submit an Ad Hoc Withdrawal Form instead. Please indicate clearly under which category you wish to withdraw the PSEA funds for and the exact amount you wish to withdraw. The Ad Hoc Withdrawal Form can be downloaded here and must be submitted to the Office of Financial Aid (within Office of Admissions).
Please note that the Ad Hoc Withdrawal Form is meant for one-time withdrawal and you will have to submit either the Standing Order or another Ad Hoc Withdrawal Form if you wish to withdraw your PSEA funds in the following semester.

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4

If I have applied and am awarded the Tuition Fee Loan and/or NUS Study Loan, can I still use my PSEA funds for my tuition fees?
Yes, the PSEA funds will be used first to clear your tuition fees and mandatory miscellaneous fees. The TFL and NUS Study Loan will be used to clear any balance outstanding tuition fees after deducting your PSEA funds.

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5

Should I submit the Standing Order if I want to withdraw my PSEA funds to pay just my mandatory miscellaneous fees?
No, you should use the Ad Hoc Withdrawal Form as the Standing Order is a request to use the PSEA funds for both your tuition fees and mandatory miscellaneous fees. However, as the Ad Hoc Withdrawal Form is meant for one-time withdrawal, you will have to submit another Ad Hoc Withdrawal Form if you want to withdraw the funds to pay for your mandatory miscellaneous fees only in the following semester.

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6

Can I use my PSEA funds for other purposes besides paying for my tuition fees?
Yes, your PSEA funds can be used for enrichment programmes such as Overseas Student Programmes and local and overseas conferences/competitions approved and endorsed by the University. The Ad Hoc Withdrawal Form can be downloaded here and completed form with supporting documents must be submitted to the Office of Financial Aid (within Office of Admissions).

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7

Can I use my PSEA funds to pay for my hostel fees?
No, the PSEA funds can only be used for your tuition fees, mandatory miscellaneous fees and enrichment programmes such as Overseas Student Programmes and local and overseas conferences/competitions.

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8

How do I check the balance in my Post-Secondary Education Account?
You can check your PSEA balance by contacting MOE at 6260 0777 or email contact@moe.gov.sg

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